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        Corp. Laws / SEBI / IBC

        SUPREME COURT-HIGHLIGHTS

        February 13, 2026

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        New Delhi, Feb 13 (PTI) Following are the top Supreme Court stories for Friday: LGD10 SC-HP-LOCAL BODY POLLS (12:47PM)

        The Supreme Court extended from April 30 to May 31 the deadline fixed by the Himachal Pradesh High Court for holding the polls for local bodies in the state.

        LGD6 SC-FILMMAKER-BAIL (COR) (1:29PM)

        The Supreme Court granted bail to filmmaker Vikram Bhatt's wife Shwetambari Bhatt in a cheating case.

        LGD14 SC-HP-LD LOCAL BODY POLLS (4:35PM)

        In a significant relief to the Himachal Pradesh government, the Supreme Court extended from April 30 to May 31 the deadline fixed by the high court for holding polls for local bodies in the state.

        LGD15 SC-MANIPUR VIOLENCE (4:39PM)

        The Supreme Court asked the CBI, which is probing 11 FIRs related to the 2023 Manipur ethnic violence cases, to submit a status report within two weeks.

        LGD16 SC-FILMMAKER-LD BAIL (5:06)

        The Supreme Court granted bail to filmmaker Vikram Bhatt's wife Shwetambari Bhatt in a multi-crore rupees cheating case.

        LGD17 SC-SCHOOL-MEME (5:20PM)

        The Supreme Court allowed a minor boy, rusticated from a school in Indore for allegedly circulating an objectionable meme concerning teachers, to appear in the Class 10 examination and directed the Council for the Indian School Certificate Examinations (CISCE) to issue an admit card.

        LGD20 SC-RAHMAN (6:41PM)

        The Supreme Court asked music composer A R Rahman and the makers of the film "Ponniyin Selvan 2" to have "some acknowledgement" of the Dagarwani tradition's contribution in the film's song "Veera Raja Veera".

        LGD22 SC-RAKIA-DECREE (7:09PM)

        The Supreme Court has heard arguments in the high-stakes enforcement proceedings arising from a UAE civil judgment against Hyderabad-based industrialist Nimmagadda Prasad, and hinted that a substantial security may be needed if the judgement debtor wanted to contest the decree.

        LGD23 SC-CRICKET-ASSOCIATION (7:18PM)

        The Supreme Court said that the state cricket associations need to initiate reforms to ensure that the district associations operate as professional, transparent and in the best interests of the sport.

        LGD24 SC-SPECTRUM-IBC (7:23PM)

        In a landmark decision, the Supreme Court held that the spectrum allocated to telecom service providers is not an asset to be subjected to proceedings under the Insolvency and Bankruptcy Code.

        . PTI SKM APL

        Supreme Court updates: spectrum ruled non IBC asset; Himachal local polls deadline extended; directions on probes and enforcement. The Court extended the Himachal Pradesh deadline for local body elections to May 31, required an investigative agency to file a status report on multiple FIRs arising from ethnic violence, ordered a rusticated minor be permitted to sit Class 10 exams with the examination council issuing an admit card, signalled that substantial security may be required in enforcement of a foreign civil judgment if contested, and held that telecom spectrum allocations are not assets subject to proceedings under the Insolvency and Bankruptcy Code.
                          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.

                                Supreme Court updates: spectrum ruled non IBC asset; Himachal local polls deadline extended; directions on probes and enforcement.

                                The Court extended the Himachal Pradesh deadline for local body elections to May 31, required an investigative agency to file a status report on multiple FIRs arising from ethnic violence, ordered a rusticated minor be permitted to sit Class 10 exams with the examination council issuing an admit card, signalled that substantial security may be required in enforcement of a foreign civil judgment if contested, and held that telecom spectrum allocations are not assets subject to proceedings under the Insolvency and Bankruptcy Code.





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                                ActsIncome Tax
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