{"id":315176,"date":"2024-02-24T09:00:48","date_gmt":"2024-02-24T03:30:48","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=315176"},"modified":"2024-02-24T09:33:52","modified_gmt":"2024-02-24T04:03:52","slug":"2024-scc-vol-2-part-1","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/02\/24\/2024-scc-vol-2-part-1\/","title":{"rendered":"2024 SCC Vol. 2 Part 1"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<div style=\"background-color: #e6eeff; border-bottom: 1px solid black; border-bottom-style: dashed;\">\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\"><a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002726934\" target=\"_blank\" rel=\"noopener\">Evidence Act, 1872<\/a> &#8212; Ss. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001516720\" target=\"_blank\" rel=\"noopener\">135<\/a> to <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001516724\" target=\"_blank\" rel=\"noopener\">139<\/a>, <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001516741\" target=\"_blank\" rel=\"noopener\">154<\/a>, <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001516742\" target=\"_blank\" rel=\"noopener\">155<\/a> &amp; <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001516704\" target=\"_blank\" rel=\"noopener\">120<\/a> r\/w Or. 14 R. 21, Or. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001523025\" target=\"_blank\" rel=\"noopener\">16 Rr. 14<\/a> &amp; 21 and Or. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001523060\" target=\"_blank\" rel=\"noopener\">18 R. 3-A<\/a> <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002726944\" target=\"_blank\" rel=\"noopener\">CPC<\/a> &#8212; &#8220;Witness&#8221; in a case &#8212; Who is:<\/span> &#8220;Plaintiff&#8217;s\/defendant&#8217;s witness&#8221;, does not exclude plaintiff or defendant themselves, when they appear as witnesses in their own cause. [<i>Mohd. Abdul Wahid<\/i> v. <i>Nilofer<\/i>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/fI4h4O78\" target=\"_blank\" rel=\"noopener\">(2024) 2 SCC 144<\/a>]<\/p>\n<\/div>\n<div style=\"border-bottom: 1px solid black; border-bottom-style: dashed;\">\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\"><a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002802178\" target=\"_blank\" rel=\"noopener\">Insolvency and Bankruptcy Code, 2016<\/a> &#8212; Ss. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001549763\" target=\"_blank\" rel=\"noopener\">30<\/a> and <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001549764\" target=\"_blank\" rel=\"noopener\">31<\/a> r\/w S. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001549796\" target=\"_blank\" rel=\"noopener\">60(5)<\/a> &#8212; Adjudicating authority&#8217;s (NCLT&#8217;s) direction to Official Liquidator (OL) to carry out revaluation of assets of corporate debtor &#8212; Permissibility of:<\/span> Primacy of Commercial wisdom of CoC and effect of absence of reasoned order by NCLT, explained. [<i>Ramkrishna Forgings Ltd.<\/i> v. <i>Acil Ltd. (Resolution Professional)<\/i>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/8QH8H0HQ\" target=\"_blank\" rel=\"noopener\">(2024) 2 SCC 122<\/a>]<\/p>\n<\/div>\n<div style=\"background-color: #e6eeff; border-bottom: 1px solid black; border-bottom-style: dashed;\">\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\"><a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002726960\" target=\"_blank\" rel=\"noopener\">Penal Code, 1860<\/a> &#8212; Ss. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001561851\" target=\"_blank\" rel=\"noopener\">499<\/a> and <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001561854\" target=\"_blank\" rel=\"noopener\">500<\/a> &#8212; Exception(s) to offence of defamation:<\/span> At the stage the Magistrate considers whether to issue process, he has to form his opinion based on the allegations in the complaint and other material as to whether &#8220;sufficient ground for proceeding&#8221; exists as distinguished from &#8220;sufficient ground for conviction&#8221;, which has to be left for determination at the trial and not at the stage when process is issued. [<i>Iveco Magirus Brandschutztechnik GMBH<\/i> v. <i>Nirmal Kishore Bhartiya<\/i>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/9mgovjWy\" target=\"_blank\" rel=\"noopener\">(2024) 2 SCC 86<\/a>]<\/p>\n<\/div>\n<div style=\"border-bottom: 1px solid black; border-bottom-style: dashed;\">\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\"><a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002780400\" target=\"_blank\" rel=\"noopener\">Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002<\/a> &#8212; S. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001567730\" target=\"_blank\" rel=\"noopener\">13(8)<\/a> (post 2016 Amendment) r\/w S. 60 TPA and R. 9 of the 2002 Rules &#8212; Right of redemption:<\/span> Law clarified on extinguishment of right of mortgagor to redeem property, on publication of notice for public auction under R. 9(1) of Security Interest (Enforcement) Rules, 2000. [<i>Celir LLP<\/i> v. <i>Bafna Motors (Mumbai) (P) Ltd.<\/i>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/6uKtxGab\" target=\"_blank\" rel=\"noopener\">(2024) 2 SCC 1<\/a>]<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Evidence Act, 1872 &#8212; Ss. 135 to 139, 154, 155 &amp; 120 r\/w Or. 14 R. 21, Or. 16 Rr. 14 &amp; <\/p>\n","protected":false},"author":8808,"featured_media":315191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,16],"tags":[6252,22064,12521,14261,65700,32333,65701],"class_list":["post-315176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casesreported","category-supremecourtcases","tag-evidence-act","tag-insolvency-and-bankruptcy-code","tag-nclt","tag-penal-code","tag-primacy-of-commercial","tag-security-interest","tag-sufficient-ground-for-proceeding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>2024 SCC Vol. 2 Part 1 | SCC Times<\/title>\n<meta name=\"description\" content=\"Evidence Act, 1872 \u2014 Ss. 135 to 139, 154, 155 &amp; 120 r\/w Or. 14 R. 21, Or. 16 Rr. 14 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