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High Court of Judicature at Bombay Hears Writ Petition Against Labor Court's Overtime Wage Award to Retired Employees of MSEDCL. The Maintainability Under Section 33(C)(2) of Industrial Disputes Act, 1947 and Coverage of Artisan-A Post Under Circular Dated 26.06.2000 Are at Issue.

The present writ petition was filed by the Superintending Engineer and Executive Engineer of Maharashtra Electricity Distribution Company Limited (MSE...

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Supreme Court Allows Appeal in Arbitration Appointment Case — Withdrawal of Section 11 Petition Does Not Bar Fresh Application Under IBC. Order 23 Rule 1 CPC Not Applicable to Arbitration Petitions; Section 9 IBC and Section 11 Arbitration Act Seek Different Reliefs.

The Supreme Court allowed the appeal filed by M/s HPCL Bio-Fuels Ltd. against the judgment of the Bombay High Court which had appointed a sole arbitra...

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Supreme Court Allows Appeal in Consumer Protection Case, Reversing NCDRC's Dismissal on Consumer Status. Overdraft Facility Availed by Stockbroker for Business Qualifies as Consumer Service Under Exception for Self-Employment Livelihood in Section 2(1)(d)(ii) of Consumer Protection Act, 1986.

The appeal arose from a judgment of the National Consumer Disputes Redressal Commission (NCDRC) dismissing a consumer complaint on the ground that the...

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Bombay High Court Dismisses Petitions Challenging Reduction of Superannuation Age from 60 to 58 for Employees of Government Mining Corporation. State as Sole Shareholder Can Amend Service Rules Unilaterally Without Employee Consent.

The petitioners, employees of Maharashtra State Mining Corporation Ltd. (a Government company), challenged the State Government's decision to reduce t...

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Bombay High Court Rules Share Issue Expenses to Dilute Foreign Equity as Capital Expenditure Under Income Tax Act, 1961. Interest on Share Application Money Cannot Be Adjusted Against Such Capital Expenditure.

The case involves an Income Tax Reference under Section 256(1) of the Income Tax Act, 1961, by the Income Tax Appellate Tribunal (Tribunal) at the ins...

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Bombay High Court Dismisses Employee's Suit for Wrongful Termination - Acceptance of Severance Package Bars Challenge. Contract of Employment Not Specifically Enforceable Under Specific Relief Act, 1963.

The plaintiff, Shanker Basu, was employed as head of corporate division of KBC Bank N.V. under a contract dated 19th June 2000. His services were term...

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Bombay High Court Dismisses Petition Challenging Labour Court Award Under Section 33-C(2) of Industrial Disputes Act, 1947. Relationship of Employer and Employee Established Between Market Committee and Licensed Weighman.

The Agricultural Produce Market Committee, Solapur, and its Chairman filed a writ petition challenging a Labour Court award dated 29 November 1997, wh...