Summary
- The Supreme Court has granted bail to an executive in the Sahara Group money laundering case, directing the trial court to frame charges within four months.
- In a significant ruling, the Court clarified that the limitation period for appeals under Section 62 of the Insolvency and Bankruptcy Code begins with NCLAT pronouncements.
- The Delhi High Court declared an arbitral award unenforceable due to repeated unilateral appointments of the same arbitrator, impacting 4,155 cases.
- These developments signal critical shifts in legal interpretations that could reshape future proceedings in money laundering and arbitration cases.
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