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Bombay High Court Dismisses Petition Seeking Release of Sealed Factory Premises in Customs Duty Dispute — Petitioner Failed to Comply with Supreme Court's Conditional Order. Interest Demand Under Section 28AA of Customs Act, 1962 is Statutory and Automatic, No Separate Demand Required.

The petitioner, B.V. Jewels, a partnership firm engaged in manufacturing and exporting gold and jewellery, operates an export processing unit in SEEPZ...

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High Court of Karnataka Dismisses Petition Challenging FKCCI Election Results — Petitioner Lacks Locus Standi as Non-Member. Court holds that only members of the Federation can challenge election irregularities under the Companies Act, 2013 and the Societies Registration Act, 1960.

The petitioner, Sri B.L. Shankarappa, filed a writ petition under Article 226 of the Constitution of India challenging the election of office bearers ...

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Supreme Court Allows State's Appeal in Pension Dispute with Institute Employees — State Not Liable for Pension Payments Under Institute's Self-Funded Scheme. Board Resolution Explicitly Stated No Separate Grant Would Be Sought from Government for Retirement Benefits.

The present appeal arises from a dispute between the State of Bihar and employees of the Anugraha Narayan Sinha Institute of Social Studies, Patna, re...

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High Court of Bombay Dismisses Broker's Challenge to Arbitral Award in Client Dispute Over Delay Paying Charges. Unilateral Charging of 2% Daily Interest Without Specific Agreement or Proof of Loss Held Unconscionable and Not Enforceable Under Section 34 of Arbitration and Conciliation Act, 1996.

The case involves a dispute between Sharekhan Limited, a trading member/broker of the Bombay Stock Exchange (BSE), and Nita Thakkar, a client. The bro...

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Bombay High Court Dismisses Petition Challenging Disciplinary Action in ONGC Tender Irregularity Case. Court upholds chargesheet, punishment order, and appellate order against employee for unauthorizedly constituting tender committee to favor L2 bidder.

The petitioner, R.P. Gautam, an employee of Oil and Natural Gas Corporation Ltd. (ONGC), filed a writ petition under Article 226 of the Constitution o...

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NCLAT Dismisses Appeal by Financial Creditor Against Dismissal of Section 95 Petition Due to Existing Moratorium Under Section 96 IBC — Prior Initiation of Personal Insolvency by Another Creditor Bars Subsequent Petitions Against Same Personal Guarantor

The appellant, Indian Bank, a Financial Creditor, filed a petition under Section 95 of the Insolvency and Bankruptcy Code, 2016 against the respondent...