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Supreme Court Holds That That Unsubstantiated Fraud Allegations Cannot Shift Burden Onto Defendants In Challenge To GPA Transactions
It was also observed that the Appellant failed to produce documentary evidence of the alleged loans and their repayment, and had challenged the transactions after an unexplained delay of nearly ten years, during which the GPAs remained uncancelled and subsequent transactions continued without objection. Finding no perversity, patent illegality or substantial question of law, the Court dismissed the appeal.
India Litigation
Sagus Legal
Article
Supreme Court Holds That A Party Cannot Challenge An Arbitral Award On The Ground That The Arbitral Mandate Has Expired When The Party Itself Has Accepted Extension Of Arbitral Mandate
The Supreme Court of India, through its judgement dated 26.05.2026 in the matter of Gujrat Water Supply and Sewerage Board v Saryu Plastics Private Limited, held that a party cannot challenge an arbitral award on the ground that the arbitral mandate has expired, when the party itself has accepted extension of arbitral mandate.
India Litigation
Sagus Legal
Article
President Of India Sanctions Implementation Of Small Hydro Power Development Scheme From 1 MW To 25 MW
The Ministry of New and Renewable Energy (“MNRE”), vide Notification dated 15.05.2026 , has conveyed administrative approval for implementation of the Small Hydro Power (“SHP”) Development Scheme (“SHP Scheme”) for SHP projects ranging from 1 MW to 25 MW capacity for the period FY 2026-27 to FY 2030-31, with a total financial outlay of INR 2,584.60 Crores.
India Energy
Sagus Legal
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