This volume of the Supreme Court Cases (SCC), Part 2 of Volume 4, embodies landmark cases decided by the Supreme Court on issues like nature and scope of plea of demurrer, rectification of mistake in financial bid, determination of speculative investor, and more.
Arbitration and Conciliation Act, 1996 — Ss. 19 & 16 and S. 43 — Demurrer — Plea of, and Decision on: Nature and Scope of plea of demurrer and decision on the same, explained in detail. Law clarified on adjudication by arbitrator on issue of limitation on plea of demurrer, [Urban Infrastructure Real Estate Fund v. Neelkanth Realty (P) Ltd., (2026) 4 SCC 166]
Government Contracts and Tenders — Formation of Government Contract — Modes of entering into a Government Contract — Public Auction/Tender: Rectification of mistake in financial bid after opening and finalisation, not permissible. Sanctity of tender process being paramount, should be maintained at all costs, [Prakash Asphaltings & Toll Highways (India) Ltd. v. Mandeepa Enterprises, (2026) 4 SCC 310]
Insolvency and Bankruptcy Code, 2016 — Ss. 7 and 5(8)(f) — Speculative purchaser: Indicators of determination of speculative investor, enumerated. Speculative investor distinguished from homebuyer, [Mansi Brar Fernandes v. Shubha Sharma, (2026) 4 SCC 271]
