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LatestAccounting And Audit 23 July 2026

India Statutory Remedies Update

The Supreme Court of India has made a significant judgment in the case of Jindal Steel and Power Ltd. and Anr. v. Bansal Infra Projects Pvt. Ltd. and Ors., analyzing the balance between statutory remedies and constitutional jurisdiction. This judgment has important implications for companies operating in India, particularly those in the construction and engineering industries, as it clarifies the role of statutory remedies in resolving disputes.

The recent judgment by the Supreme Court of India in *Jindal Steel and Power Ltd. and Anr. v. Bansal Infra Projects Pvt. Ltd. and Ors.* has provided clarity on the balance between statutory remedies and constitutional jurisdiction.
- The case involved a dispute between Jindal Steel and Power Ltd. and Bansal Infra Projects Pvt. Ltd. over a construction project.
- The Supreme Court's judgment highlights the importance of statutory remedies in resolving disputes, particularly in the construction and engineering industries.
The judgment is significant for companies operating in India, as it provides guidance on the appropriate use of statutory remedies and constitutional jurisdiction in resolving disputes.

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