INSIGHTS

Introduction : A company incorporated and registered under the Companies Act, 2013, acquires the status of a separate legal entity. In the eyes of the law, it is an artificial person having a separate legal personality from its shareholders, meaning a company has the power to sue and be sued in its own name. When a company defaults, the members are not personally liable for the injury caused. However, in certain circumstances, the law holds its members personally liable, wher

Introduction There is something deeply unsettling about watching ordinary people, salaried employees, retired couples, and young families wait a decade for a flat they paid for in full, while authorities and corporations argue in courts over who bears responsibility. That, in essence, is the human story behind Alpha Corp Development Private Limited v. Greater Noida Industrial Development Authority & Others, decided by the Supreme Court of India on May 5, 2026. The case is not