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Bombay High Court Allows JSW Steel's Challenge to Electricity Duty Demand on Captive Consumption. Held that electricity generated from captive power plant and consumed for own use is not 'sold' and thus not exigible to electricity duty under the Bombay Electricity Duty Act, 1958.

The petitioner, M/s. JSW Steel Limited, a company engaged in steel manufacturing, operates a captive power plant (CPP) at its factory in Raigad, Mahar...

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Bombay High Court Dismisses Appeal Against Refusal to Injunction Bank Guarantee Encashment in Commercial Dispute. No Case of Fraud or Irretrievable Injustice Made Out to Restrain Bank Guarantee Invocation Under Contract Law Principles.

The appeal arises from an order of the learned Single Judge refusing to grant an injunction restraining the respondent from encashing a bank guarantee...

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Bombay High Court Dismisses Winding Up Petition Against Listed Company in Reverse Factoring Dispute. Debt disputed in bona fide manner and company is solvent, hence winding up not justified under Sections 433(e) and (f) of Companies Act, 1956.

The petitioner, SBI Global Factors Ltd., a financial institution, filed a winding up petition under Sections 433(e) and (f) read with Sections 434(1)(...

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Bombay High Court Dismisses Writ Petitions Challenging DRAT Order Confirming Sale of Company Property in Favour of Auction Purchaser. Workers' Dues and Alleged Irregularities Do Not Justify Annulment of Concluded Auction Sale Under Recovery of Debts Due to Banks and Financial Institutions Act, 1993.

The judgment concerns three writ petitions filed under Article 226 of the Constitution challenging an order of the Debts Recovery Appellate Tribunal (...

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Bombay High Court Dismisses Employer's Petition in Unfair Labour Practice Case — Employee Retired Before Superannuation Age. Employer Failed to Prove Retirement Age of 58; Employee's Service Record Showed Superannuation Age of 60 Under Item 9 Schedule IV MRTU & PULP Act, 1971.

The case involves a writ petition filed by National Bicycle Corporation of India Ltd. (the employer) challenging an order of the Industrial Court date...

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Bombay High Court Allows Petition of Manufacturer for Refund of Octroi Duty on Imported Chemical Intermediate. Sulphonic Acid, a Raw Material for Detergents, Not Covered Under Entry 18 of Schedule H to the Mumbai Municipal Corporation Act, 1888 as It Is Not a Substance Used in Washing.

The petitioner, Hindustan Lever Limited, a manufacturer of soaps and detergents, imported Sulphonic Acid, a toxic chemical intermediate used as raw ma...