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Bombay High Court Directs Deposit of Balance Bid Amount in Auction Sale of Company in Liquidation. Official Liquidator's Report for Confirmation of Sale of Properties of M/s. Akola Oil Industries Ltd. - Bidders Required to Deposit Balance Amount Within 15 Days.

The Official Liquidator appointed over M/s. Akola Oil Industries Ltd. (in liquidation) filed reports seeking confirmation of auction sales held on 9-1...

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Bombay High Court Allows Assistant Professor's Writ Petition Seeking Confirmation After 6 Years Probation. Court Applies UGC Regulations, 2018 Clause 11.3 and Precedent in State of Punjab v. Dharam Singh to Hold Probationer Deemed Confirmed, Directing Management to Issue Confirmation Order.

The case involved a writ petition filed by an Assistant Professor seeking confirmation in her post after nearly seven years of probation. The employer...

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High Court of Bombay Disposes Chamber Summons Concerning Execution Sale of Property. Court Considers Commissioner's Report and Objections Arising from Auction Held on January 15, 2004, Under Consent Award Enforcement.

The matter pertained to the execution of a consent award obtained in arbitration proceedings between Camoran Finance & Investments (claimants) and Vir...

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Bombay High Court Issues Rule in Challenge to GST Demand Confirmation Order. Petition Challenges Order Confirming GST Demand of Rs 70.57 Crores for April 2020 to March 2021.

The petitioner, GlobeOp Financial Services (India) Private Limited (the surviving entity after its merger with GlobeOp Financial Services Technologies...

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Bombay High Court Pronounced Judgment in Writ Petition Lodging No. 3069 of 2018 Regarding Withdrawal of Electric Bus Contract. Dispute Involved Whether BEST Could Withdraw Contract Work Order Based on Note that Acceptance Was Subject to DHI Incentive Approval.

The present writ petition under Article 226 of the Constitution of India was filed by Olectra Greentec Limited (formerly Goldstone Infratech Limited) ...

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Bombay High Court Dismisses Revision Against Order for Possession Under Order XXI Rule 95 CPC — Auction Purchaser Entitled to Delivery of Property from Judgment Debtors After Confirmation of Sale.

The applicants, original judgment debtors, filed a Civil Revision Application under Section 115 of the Code of Civil Procedure, 1908, challenging an o...

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Supreme Court Dismisses Appeal in Specific Performance Decree Execution Due to Non-Confirmation by Custodian Under Evacuee Property Laws. Transfer of Property by Vendor Who Later Became Evacuee Was Ineffective Without Confirmation Under Section 40 of Administration of Evacuee Property Act, 1950.

The dispute arose from an agreement to sell properties entered into in June 1948 between the appellant and the first respondent. After payment of cons...

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Bombay High Court Sets Aside Revisional Order and Upholds Cooperative Bank's Auction Sale Despite Technical Objection on Deposit. Adjustment of Earnest Money Towards Mandatory 15% Payment Under Auction Terms Held Valid; Defaulting Borrower's Plea Rejected.

The petitioners, a cooperative bank and its Special Recovery Officer, challenged the order dated 19th January 2013 passed by the Divisional Joint Regi...