3 verified cases involving Corporate Law, newest first.
The Delhi High Court quashed the Serious Fraud Investigation Office (SFIO) investigation into the affairs of Educomp Solutions, ruling that the government's decision to initiate the probe was made without proper application of mind and suffered from procedural lapses.
The Supreme Court dismissed the appeal filed by Yes Bank against a Bombay High Court order that had quashed the bank's decision to write off Additional Tier 1 (AT1) bonds worth ₹8,415 crore. The write-off had occurred during the bank's 2020 reconstruction process, which the court ultimately found to be unsustainable.
The Supreme Court reviewed the legal battle concerning the removal of Cyrus Mistry as chairman of Tata Sons. The court ultimately upheld the decision of Tata Sons to sack Mistry, setting aside an earlier NCLAT order.