Quashing of Criminal Proceedings Post-Settlement: A Landmark Supreme Court Decision

On February 12, 2025, the Supreme Court of India delivered an important ruling in a case involving Dr. Amaragouda L. Patil, wherein the court quashed criminal proceedings after the parties involved reached a settlement. This decision marks a significant development in Indian criminal law, reinforcing the principle that criminal trials may be dismissed when there is an amicable resolution between the parties.

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Supreme Court of India Delivers Key Judgments on February 10, 2025: Amrit Yadav vs. The State of Jharkhand

The case of Amrit Yadav vs. The State of Jharkhand, captured the attention of legal experts and the public alike. The bench, comprising Justices Pankaj Mithal and Vikram Nath, carefully examined the appeal filed by Amrit Yadav against the judgment of the Jharkhand High Court. This case offers valuable insights into the legal principles applied in criminal appeals and the broader judicial process.

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SUPREME COURT OF INDIA’S JUDGMENT ON CHILD CUSTODY: A LANDMARK DECISION ON PARENTAL RIGHTS AND REMARRIAGE

On February 7, 2025, the Supreme Court of India delivered a crucial judgment in the case of Vivek Kumar Chaturvedi & Anr. v. State of Uttar Pradesh & Ors., which clarified the legal stance regarding child custody in cases where a father has remarried. This decision emphasized that a father's remarriage, in itself, does not disqualify him from obtaining custody of his minor child. The ruling brought attention to the fact that the child's welfare is the overriding factor in custody disputes and not the marital status of the parent.

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Vihaa Kumran VS. State of Haryana: Supreme Court Reinforces Constitutional Safeguards on Arrests

Vihaan Kumar was arrested by the Haryana police on June 10, 2024, in connection with allegations of cheating and forgery. He contended that he was not informed of the grounds for his arrest, thereby violating his rights under Article 22(1) of the Constitution, which mandates that an arrested person must be informed of the reasons for their arrest and be allowed to consult a legal practitioner of their choice.

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THE SUPREME COURT GRANTS PETITIONERS’ REGULAR COMPENSATION FOR PART-TIME SWEEPERS ASSIGNED TO REGULAR, SANCTIONED POSITIONS

The Supreme Court ruled in favour of part-time sweepers appointed on a temporary basis to regular sanctioned posts, affirming their entitlement to regular pay as per the conditions of the Madhya Pradesh Government's circular dated 10.05.1984. The Court held that the designation of "part-time" does not invalidate their appointments to sanctioned posts, and the absence of a screening committee, unlike in the Ram Naresh Prajapati case, does not disqualify them from receiving regular pay. It emphasized that completing three years of service in sanctioned posts fulfils the criteria for revised pay scales, thereby reversing the High Court's Division Bench decision and reinstating the Single Bench's ruling in favour of the appellants.

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UNDERSTANDING SPECIAL PURPOSE VEHICLE (“SPV”) IN REAL ESTATE

A Special Purpose Vehicle (“SPV") is a separate legal entity formed by an organization with its business and legal status, assets, and liabilities. They are generally designed with a specific goal in mind often to mitigate the financial risk. SPV is often used in structured finance transactions including securitizations, joint ventures, and real estate transactions. The main feature of an SPV is that it has a separate balance sheet from the parent business. SPV is  protected from the parent company's insolvency and are permitted to function lawfully on designated assets. The SPV activities are restricted to funding and acquiring the project or real estate asset. SPV can raise capital by issuing shares. It offers flexibility to create multiple types of shares for effective control. Moreover, holding property through an SPV means that the property and the related contracts can be sold through an isolated vehicle avoiding the complexities of extensive contracts, licensing, Government approval, Complicated contract negotiations, and most importantly tax benefits.

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UNDERSTANDING SPECIAL PURPOSE VEHICLE (“SPV”): PURPOSE AND BENEFITS

A Special Purpose Vehicle (“SPV”), also known as a Special Purpose Entity (“SPE”), is a legally distinct entity established to fulfill a specific purpose. These entities are widely used in sectors such as finance, infrastructure, and real estate due to their ability to isolate financial risk and achieve specific

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