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Supreme Court Allows Appeal of SBI Consortium in Corporate Guarantee Dispute Under IBC. Corporate Guarantees Executed by Corporate Debtor Constitute Financial Debt Under Section 5(8) of IBC, 2016, and Are Enforceable Despite Timing and Stamping Objections.

The Supreme Court allowed the appeal filed by the Appellant Consortium against the order of the National Company Law Appellate Tribunal (NCLAT) which ...

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Bombay High Court Dismisses Interim Application in Defamation Suit for Lack of Jurisdiction Without Clause 12 Leave. Section 19 CPC Requires Defamation Suit to Be Filed Where Defamation Occurred, Not Where Reputation Is Harmed.

The plaintiff, Sameer Gulamnabi Kazi, Chairman of Maharashtra State Board of Waqf, filed a defamation suit against defendants alleging defamatory vide...

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High Court of Karnataka Dismisses Appeal Against Refusal of Interim Injunction in Commercial Dispute Over Land Transfer. Section 9 of Arbitration Act Does Not Confer Right to Injunction Against Third Party Transferee Without Prima Facie Case of Fraud or Collusion.

The appellants, Vasudev Garg, Chaitanya Garg, and Radhika Baig, filed a Commercial Appeal under Section 37(1)(b) of the Arbitration and Conciliation A...

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Bombay High Court Allows Widow's Claim for Family Pension Despite Husband's Resignation — Resignation Does Not Forfeit Family Pension Under BSNL Pension Rules, 2007. Family pension is a separate benefit not affected by Rule 44(2) forfeiture clause.

The petitioner, Kalpana Bachhav, is the widow of Vinayak Tryambak Bachhav, who was employed as a T.M. (Telecom Mechanic) with Bharat Sanchar Nigam Lim...

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Bombay High Court Dismisses Retired Railway Employee's Petition for Inclusion of Apprenticeship Period as Qualifying Service for Pension. Gap of 45 Days Between Completion of Apprenticeship and Regular Posting Breaks Continuity, Disentitling Claim for Pensionary Benefits.

The petitioner, a retired Railway employee, was appointed as an Apprentice Telecom Inspector on 23/12/1964 and completed his two-year apprenticeship o...

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Bombay High Court Allows Appeal in Suit for Possession and Mesne Profits — Held that the Trial Court Erred in Dismissing Suit for Non-Prosecution Without Considering Merits and That the Suit Was Not Abated Despite Death of Sole Proprietor as Legal Representatives Were Brought on Record.

The present appeal arises from a suit filed in 1983 by the original plaintiffs (respondents herein) against the original defendant, Bitesh Hanumantrao...