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The Bar Bulletin

Post-award interest despite contractual bar

Contractual Prohibition On Interest Payment Does Not Bar Statutory Grant Of Post-Award Interest; Delhi HC Upholds Arbitral Award In Favour Of Cannon Engineering

Ircon International Ltd vs Cannon Engineering Construction Cannon Cottage [Decided on February 24, 2026]
ITAT digital signature assessment defect

Manual Signing Of Assessment Order After Conducting ‘E-Proceeding’ Is Not Procedural Irregularity But ‘Incurable Defect’; Delhi ITAT Quashes Assessment

Navyug Technologies Pvt Ltd vs ITO [Decided on February 16, 2026]
Section 7 IBC overrides Companies Act

Supreme Court: Section 7 IBC Proceedings for Revival of Corporate Debtor to Prevail Over Stalled Companies Act Proceedings to Safeguard Public Funds

Omkara Assets Reconstruction Private Limited vs Amit Chaturvedi [Decided on February 24, 2026]
Intentional disrespect National Flag offence

Intentional Disrespect To Indian Flag Is Essential To Constitute Offence Under Sec 2(4)(L) Prevention Of Insults To National Honour Act, 1971; Bombay HC Quashes FIR

V. K. Narayanan vs the State of Maharashtra [Decided on February 23, 2026]
Section 7 IBC waiver ruling

Waiver Of ‘Debenture Trust Deed’ Terms Has To Be Expressed In Writing; Supreme Court Explains Scope Of Pre-Existing Dispute Vis-À-Vis Sec 7 IBC

Catalyst Trusteeship Ltd vs Ecstasy Realty Pvt Ltd [Decided on February 24, 2026]
IBC cannot override Benami proceedings

Supreme Court: IBC Cannot Be Used To Dilute Statutory Proceedings Undertaken In Public Law Sphere For Attachment Of Tainted Property Under Benami Act

S. Rajendran vs Deputy Commissioner of Income Tax (Benami Prohibition) [Decided on February 24, 2026]