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        Corp. Laws / SEBI / IBC

        SUPREME COURT HIGHLIGHTS

        February 2, 2026

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        New Delhi, Feb 2 (PTI) Following are the top Supreme Court stories for Monday: LGD 19 SC-INSOLVENCY-REAL ESTATE FIRMS (6.55 PM)

        The Supreme Court on Monday upheld the initiation of corporate insolvency resolution proceedings against real estate firms Bhasin Infotech and Infrastructure Private Limited and Grand Venezia Commercial Towers Private Limited, reinforcing the rights of homebuyers and commercial allottees.

        LGD 18 SC-WANGCHUK (6.51 PM)

        The Centre and the Union Territory of Ladakh administration told the Supreme Court on Monday that jailed climate activist Sonam Wangchuk tried to instigate Gen Z for protests like in Nepal and Bangladesh.

        LGD 16 SC-LD MAJITHIA-BAIL (6.05 PM)

        The Supreme Court on Monday granted bail to Shiromani Akali Dal leader and former Punjab minister Bikram Singh Majithia in a disproportionate assets case.

        LGD 12 SC-MH-SLUM REHABILITATION (5.02 PM)

        The Supreme Court on Monday sought responses of the Maharashtra government and others including the Municipal Corporation of Greater Mumbai on a plea challenging a Bombay High Court verdict allowing slum rehabilitation schemes on plots originally reserved for parks, gardens, and playgrounds.

        LGD 11 SC-CCI-PATENT RIGHTS (3.55 PM)

        While staying portions of a ruling of the National Company Law Appellate Tribunal (NCLAT), the Supreme Court on Monday said it will examine whether the Competition Commission of India (CCI) has the authority to look into allegations of anti-competitive conduct arising from the exercise of patent rights.

        LGD 9 SC-LAW-SCHOOL FEES-DELHI (3.27 PM)

        The Delhi government on Monday told the Supreme Court that a new law which regulates fees in private schools in the national capital will not be implemented in the academic year 2025-26.

        LGD 8 SC-ANTI CONVERSION LAWS-PLEA (2.42 PM)

        The Supreme Court on Monday sought responses from the Centre and 12 states, including Rajasthan and Arunachal Pradesh, on a fresh PIL filed by the National Council of Churches in India challenging the validity of their respective anti-conversion laws.

        LGD 6 SC-CENSUS-PIL (12.56 PM)

        The Supreme Court on Monday refused to entertain a PIL questioning the procedure to be adopted to record, classify and verify the caste data of citizens in the 2027 general census.

        LGD 5 SC-PENNAIYAR RIVER-DISPUTE (12.35 PM)

        The Supreme Court on Monday directed the Centre to constitute a tribunal for adjudicating the dispute between Tamil Nadu and Karnataka over sharing the waters of the Pennaiyar river and issue an appropriate notification with a month.

        LGD 4 SC-PORSCHE CRASH (12.24 PM)

        The Supreme Court on Monday granted bail to three accused in the 2024 Pune Porsche accident case that claimed two lives, while observing that parents are to be blamed for such incidents involving juveniles.

        PTI ABA SHS

        Corporate insolvency affirmed for two real estate firms, reinforcing homebuyers' and allottees' rights; other regulatory matters remain pending. Upheld initiation of corporate insolvency resolution proceedings against two real estate companies, affirming the availability of insolvency remedies to protect homebuyers and commercial allottees and confirming insolvency law's applicability to distressed real estate projects.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Corporate insolvency affirmed for two real estate firms, reinforcing homebuyers' and allottees' rights; other regulatory matters remain pending.

                                Upheld initiation of corporate insolvency resolution proceedings against two real estate companies, affirming the availability of insolvency remedies to protect homebuyers and commercial allottees and confirming insolvency law's applicability to distressed real estate projects.





                                Note: It is a system-generated summary and is for quick reference only.

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                                ActsIncome Tax
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