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Bombay High Court Allows Official Liquidator's Report in Winding Up of Transpower Engineering Ltd. — Holds Sale by Liquidator is Formal Transfer Not Subject to Differential Premium. Court exercises powers under Section 446(2) of Companies Act, 1956 to waive extension charges claimed by MIDC.

The Official Liquidator filed a report seeking directions regarding the sale of two industrial plots allotted by MIDC to Transpower Engineering Ltd. (...

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Bombay High Court Allows Writ Petition Against MIDC for Unilateral Rescission of Land Allotment — MIDC's Action Held Arbitrary and Violative of Natural Justice. Concluded Contract Exists Upon Acceptance of Consideration, Entitling Petitioner to Specific Performance.

The petitioners, Kamlakar Bhimrao Patil and Terrafirm Softtech Private Limited (formerly Everest Realtors Pvt. Ltd.), filed a writ petition under Arti...

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Bombay High Court Dismisses Petition Challenging MIDC Plot Allotments — No Arbitrariness Found in Allotment Process. Petitioner's claim for allotment based on alleged earmarking fails as no legal right established.

The petitioner, Vikrant Industries, a sole proprietorship, filed a writ petition under Articles 226, 14, and 19 of the Constitution of India challengi...

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Bombay High Court Declares Sale of Company Property During Winding Up as Null and Void. Transfer of Leasehold Rights Without Court Permission Under Section 536(2) of Companies Act, 1956 Is Invalid.

The Official Liquidator filed a report seeking directions regarding the property of Hindustan Transmission Products Ltd. (HTPL), which was in liquidat...

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Bombay High Court Dismisses Challenge to NMMC's Property Tax Levy on MIDC Industrial Area. TTC Area Held to Be Within Municipal Limits Under 1991 Notification; No Direction to Constitute Industrial Township.

The petitioners, including Small Scale Entrepreneurs Association and Mahape Industries Welfare Association, filed a writ petition under Article 226 of...

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Bombay High Court Dismisses State's Writ Petitions Challenging Labour Court Awards in Muster Roll Employee Reinstatement Cases. Muster Roll Employees Working for 240 Days in a Calendar Year Are Entitled to Reinstatement Under Section 25-F of the Industrial Disputes Act, 1947.

The present batch of writ petitions was filed by the State of Maharashtra and its officers challenging the common judgment and order passed by the Lab...