{"id":392807,"date":"2026-08-09T11:00:31","date_gmt":"2026-08-09T05:30:31","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=392807"},"modified":"2026-08-08T20:12:35","modified_gmt":"2026-08-08T14:42:35","slug":"2026-scc-vol-6-part-3-latest-supreme-court-cases","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/09\/2026-scc-vol-6-part-3-latest-supreme-court-cases\/","title":{"rendered":"2026 SCC Vol. 6 Part 3: Key Supreme Court Cases on Companies Act, CrPC, IBC, Negotiable Instruments, & more"},"content":{"rendered":"
\n

This volume of the Supreme Court Cases (SCC), Part 3 of Volume 6, embodies landmark cases decided by the Supreme Court on issues like approval of resolution plan, reduction of share capital, quashing of complaint and summoning order, and more.<\/p>\n

\n

Companies Act, 2013<\/a> — S. 66<\/a> — Reduction of share capital by a closely held company:<\/span> Validity of reduction of share capital by a closely held company under S. 66<\/a>, Companies Act, 2013<\/a>, determined, [Pannalal Bhansali<\/span> v. Bharti Telecom Ltd.<\/span>, (2026) 6 SCC 397<\/a>]<\/p>\n<\/div>\n

\n

Criminal Procedure Code, 1973<\/a> — Ss. 482<\/a> and 156<\/a> — Quashing of proceedings:<\/span> Permissibility and relevant considerations for direction for disposal of quashing petition by directing time-bound completion of investigation, explained, [State of U.P.<\/span> v. Mohd Arshad Khan<\/span>, (2026) 6 SCC 383<\/a>]<\/p>\n<\/div>\n

\n

Drugs and Cosmetics Act, 1940<\/a> — Ss. 18(a)(vi)<\/a>, 18-B<\/a>, 22(1)(cca)<\/a>, 27(d)<\/a> and 28-A<\/a> r\/w Chapter IV — Quashing of complaint:<\/span> Plea of complaint under Drugs and Cosmetics Act, 1940<\/a> being time barred, when not tenable, explained. No court inferior to Court of Session shall try an offence punishable under Chapter IV, [SBS Biotech<\/span> v. State of H.P.<\/span>, (2026) 6 SCC 353<\/a>]<\/p>\n<\/div>\n

\n

Insolvency and Bankruptcy Code, 2016<\/a> — Ss. 30<\/a> and 20<\/a>, 21<\/a>, 24<\/a> and 28<\/a> — Committee of Creditors (CoC):<\/span> Committee of Creditors (CoC), not to be rendered functus officio post approval of resolution plan by adjudicating authority, [Kalyani Transco<\/span> v. Bhushan Power & Steel Ltd.<\/span>, (2026) 6 SCC 431<\/a>]<\/p>\n<\/div>\n

\n

Negotiable Instruments Act, 1881<\/a> — S. 138<\/a> r\/w Ss. 141<\/a> and 142<\/a> — Quashing of complaint and summoning order:<\/span> Direction for quashing of complaint and summoning order, in case involving disputed questions of facts and by holding that two parallel prosecutions could not simultaneously stand, when not justified, explained, [Sumit Bansal<\/span> v. MGI Developers & Promoters<\/span>, (2026) 6 SCC 366<\/a>]<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Explore the latest Supreme Court Cases in 2026 SCC Vol. 6 Part 3 on share capital, quashing of proceedings or complaint, committee of creditors, and more.<\/p>\n","protected":false},"author":67524,"featured_media":392808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,16],"tags":[4751,111290,111849,27634,11941,32707,30361,84722,23564,20931,6721,50932,11411],"class_list":["post-392807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casesreported","category-supremecourtcases","tag-scc","tag-2026-scc-vol-6-part-2","tag-approval-of-resolution-plan","tag-companies-act","tag-crpc","tag-drugs-and-cosmetics-act","tag-ibc","tag-latest-supreme-court-cases","tag-negotiable-instruments","tag-quashing-of-complaint","tag-quashment-of-proceedings","tag-reduction-of-share-capital","tag-supreme-court-cases"],"yoast_head":"\n2026 SCC Vol. 6 Part 3: Latest Supreme Court 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