INFORM: Infrastructure, Projects & Finance – March 2025

In our latest edition, we have shared the trends shaping the infrastructure landscape, key developments in projects, and finance, with certain case laws highlighting the judicial perspective.

Case laws:

• SC Upholds Retrospective Application of 2019 Ruling on Solatium
• SC Quashes Notice, Reaffirms Strict Standards for Blacklisting
• J&K High Court Rules Against Unjust Toll Collection on Incomplete NH-44
• Chennai F4 Race: SC Upholds Limited Judicial Intervention in PPP Contracts
• SC Sets Aside HC’s Order Interfering with Insolvency Proceedings

Notifications/circulars:

• NHAI Presents Stricter Quality Control Measures for Highway Construction Materials
• Capacity Augmentation: NHAI Unveils SOPs for Project Approvals
• NHAI Strengthens Dispute Resolution Process for Effective Project Execution
• Homebuyers Allowed to Take Possession During Insolvency Process
• Datalake Module for Conciliation: Process Flow Explained
• RBI Proposes to Eliminate Foreclosure Charges on MSE, Individual Business Loans