The Supreme Court ruled that a High Court cannot replace mandatory injunction decrees with monetary compensation when such relief was not sought. A Bench of Justices S.V.N. Bhatti and Atul S. Chandurkar set aside the Punjab and Haryana HC order.
The Supreme Court of India ruled that National Company Law Tribunal and National Company Law Appellate Tribunal cannot review attachment orders under the Prohibition of Benami Property Transactions Act, 1988, even if linked to Insolvency and Bankruptcy Code, 2016 proceedings, dismissing liquidators’ appeals.
