Supreme Court Legal News Debt due is to be deposited before the DRAT as a mandatory requirement under Section 21 while preferring an appeal and any waiver of the pre­deposit in its entirety is not sustainable in law. The Supreme Court in an issue pertaining to the pre-­deposit insofar as the appeal before the DRAT (Debt Recovery Appellate Tribunal) is concerned held that Appellate Tribunal cannot entertain an appeal by a person from whom the amount of debt is due to the Bank, unless suc...

Supreme Court Legal News Order refusing to condone the delay in filing an application to set aside an arbitration award under Section 34 of the Arbitration Act, 1996 is an appealable order under section 37(1)(c) of the said Act. On the issue of whether a learned single Judge’s order refusing to condone the Appellant’s delay in filing an application under section 34 of the Arbitration and Conciliation Act, 1996 is an appealable order under section 37(1)(c) of the said Act, the three ...

Supreme Court Legal News Consumer fora devoid of jurisdiction or power to accept the written statement beyond the period of 45 days. Reiterating what has been held in J.J. Merchant v. Shrinath Chaturvedi and New India Assurance Company Limited v. Hilli Multipurpose Cold Storage Pvt. Ltd. the Supreme Court held that consumer fora has no power to extend the time for filing a reply/written statement beyond the period prescribed under the Act. The application filed by the petitioners herein seeking...

Supreme Court Legal News State to compensate the land owners who has been dispossessed of the land by wrongly vesting it as forest land: Supreme Court In an appeal against the order of Hon’ble Division Bench of the Kerala High Court directing payment of compensation for the land directed to be restored to the land ownersthe Apex Court held that landowners entitled to just and proper compensation for the benefits arisen out of the lands while they were kept out of possession of the land b...