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Supreme Court Judgments

In-depth analysis and explainers of landmark Supreme Court decisions

Supreme Court of India

Contractual Interest in Bill Discounting Transactions Must Be Enforced Unless Shown to Be Penal, Unconscionable, or Contrary to Public Policy: Supreme Court

BPL Limited v. Morgan Securities and Credits Private Limited (2025 INSC 1380)

Supreme Court upholds enforceability of high contractual interest in bill discounting transactions, clarifying Section 31(7) Arbitration Act, public policy limits, and commercial autonomy in arbitration.