#Section 30(2)

The Supreme Court upheld the High Court's reduction of a murder conviction to culpable homicide not amounting to murder, holding that material inconsistencies in eyewitness accounts and a dying declaration uncorroborated by medical evidence failed to prove the specific intent required for Section 302 IPC. The ruling reinforces that courts must rigorously test dying declarations against ocular and forensic evidence before sustaining murder convictions. The accused, having already served a six-year sentence under Section 304 Part II, will not face life imprisonment.

NCLAT rules that a promoter's restructuring proposal cannot be treated as a valid Resolution Plan under the Insolvency and Bankruptcy Code unless it complies with Section 30(2) and the formal Corporate Insolvency Resolution Process. The ruling reinforces that informal settlements bypassing statutory safeguards are inadmissible, impacting creditors' rights and insolvency proceedings.