{"id":385021,"date":"2026-05-24T11:00:21","date_gmt":"2026-05-24T05:30:21","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=385021"},"modified":"2026-05-23T22:58:21","modified_gmt":"2026-05-23T17:28:21","slug":"2026-scc-vol-4-part-2-latest-supreme-court-cases","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/05\/24\/2026-scc-vol-4-part-2-latest-supreme-court-cases\/","title":{"rendered":"2026 SCC Vol. 4 Part 2: Key Supreme Court Cases on Arbitration, Government Contracts, &amp; IBC"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">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.<\/p>\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-0002726958\" target=\"_blank\">Arbitration and Conciliation Act, 1996<\/a> &#8212; Ss. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001544919\" target=\"_blank\">19<\/a> &amp; <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001544916\" target=\"_blank\">16<\/a> and S. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001544949\" target=\"_blank\">43<\/a> &#8212; Demurrer &#8212; Plea of, and Decision on:<\/span> 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, [<span style=\"font-style: italic;\">Urban Infrastructure Real Estate Fund<\/span> v. <span style=\"font-style: italic;\">Neelkanth Realty (P) Ltd.<\/span>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/rd6852Ok\" target=\"_blank\">(2026) 4 SCC 166<\/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;\">Government Contracts and Tenders &#8212; Formation of Government Contract &#8212; Modes of entering into a Government Contract &#8212; Public Auction\/Tender:<\/span> Rectification of mistake in financial bid after opening and finalisation, not permissible. Sanctity of tender process being paramount, should be maintained at all costs, [<span style=\"font-style: italic;\">Prakash Asphaltings &amp; Toll Highways (India) Ltd.<\/span> v. <span style=\"font-style: italic;\">Mandeepa Enterprises<\/span>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/BJ0bfQO1\" target=\"_blank\">(2026) 4 SCC 310<\/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-0002802178\" target=\"_blank\">Insolvency and Bankruptcy Code, 2016<\/a> &#8212; Ss. <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001549806\" target=\"_blank\">7<\/a> and <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001549784\" target=\"_blank\">5(8)(f)<\/a> &#8212; Speculative purchaser:<\/span> Indicators of determination of speculative investor, enumerated. Speculative investor distinguished from homebuyer, [<span style=\"font-style: italic;\">Mansi Brar Fernandes<\/span> v. <span style=\"font-style: italic;\">Shubha Sharma<\/span>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/PYaOt7iW\" target=\"_blank\">(2026) 4 SCC 271<\/a>]<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">Explore the latest Supreme Court Cases in 2026 SCC Vol. 4 Part 2 on demurrer, speculative purchasers, public auction, and more.<\/p>\n","protected":false},"author":67524,"featured_media":385022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,16],"tags":[4751,105145,3226,10131,105146,13161,30361,22064,84722,45293,105147,11411],"class_list":["post-385021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casesreported","category-supremecourtcases","tag-scc","tag-2026-scc-vol-4-part-2","tag-arbitration","tag-arbitration-and-conciliation-act","tag-demurrer","tag-government-contracts-and-tenders","tag-ibc","tag-insolvency-and-bankruptcy-code","tag-latest-supreme-court-cases","tag-public-auction","tag-speculative-purchaser","tag-supreme-court-cases"],"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>2026 SCC Vol. 4 Part 2: Latest Supreme Court Cases | SCC Times<\/title>\n<meta name=\"description\" content=\"Read the latest Supreme Court Cases covered in Part 2 of the 2026 SCC Volume 4\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2026\/05\/24\/2026-scc-vol-4-part-2-latest-supreme-court-cases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2026 SCC Vol. 4 Part 2: Latest Supreme Court Cases | SCC Times\" \/>\n<meta property=\"og:description\" content=\"Read the latest Supreme Court Cases covered in Part 2 of the 2026 SCC Volume 4\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2026\/05\/24\/2026-scc-vol-4-part-2-latest-supreme-court-cases\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-24T05:30:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/05\/2026-SCC-Vol.-4-Part-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sonali Ahuja\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"2026 SCC Vol. 4 Part 2: Key Supreme Court Cases on Arbitration, Government Contracts, &amp; 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