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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]
Penalty liability under Employees Compensation Act

Supreme Court: Penalty for Default Under Employees’ Compensation Act Is Solely Employer’s Liability; Cannot Be Imposed on Insurance Company

New India Assurance vs Rekha Chaudhary [Decided on February 23, 2026]
Section 149 IPC vicarious liability

Vicarious Liability Under Section 149 IPC Attracted When Offence Is Committed in Pursuit of Common Object; Supreme Court Cancels Bail in Fatal Assault Case

Shobha Namdev Sonavane vs Samadhan bairao Sanvane [Decided on February 23, 2026]