P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

Stantech Project Engg. Pvt. Ltd. v. Nicco Corporation Ltd. - (Supreme Court) (13 Aug 2015)

High Court "unjustifiably considerate" in setting aside order passed on mistaken concession by junior counsel

MANU/SC/0858/2015

Company

The Supreme Court differed with the finding of the High Court that a concession by a junior counsel before a Company Court was mistaken. It held that by recording the debt owed by the Respondent would be paid in installments, the counsel had 'displayed legal sagacity' in preventing the winding up of the Respondent. The Supreme Court rebuked the the High Court's "leniency that results in proliferation and prolongation of litigation".

Relevant : Shrimati Jamilabai Abdul Kadar v. Shankarlal Gulabchand MANU/SC/0518/1975 State of Maharashtra v. Ramdas Shrinivas Nayak MANU/SC/0117/1982

Tags : COUNSEL   MISTAKE   WINDING UP   CONCESSION  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved