Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
Negative due date rate in cash-settled crude oil futures was upheld because the contract specifications tied settlement to the NYMEX front-month settlement price converted into rupees, and the DDR was a reference rate applied after trading closed, not a standalone market price. The HC held that traders who chose to retain their positions until expiry could not later insist on a floor price or seek annulment of the settlement, as that would contradict the agreed contract framework and prejudice counterparties. Judicial interference was also declined because the settlement had already been completed across numerous traders and could not be effectively unwound through writ directions.
Negative due date rate in cash-settled crude oil futures was upheld because the contract specifications tied settlement to the NYMEX front-month settlement price converted into rupees, and the DDR was a reference rate applied after trading closed, not a standalone market price. The HC held that traders who chose to retain their positions until expiry could not later insist on a floor price or seek annulment of the settlement, as that would contradict the agreed contract framework and prejudice counterparties. Judicial interference was also declined because the settlement had already been completed across numerous traders and could not be effectively unwound through writ directions.
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