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Supreme Court Dismisses Power Trust's Appeal Against CIRP Initiation for Appellant(s), Upholds NCLAT Order Admitting Section 7 IBC Application Due to Default and Non-Compliance with Restructuring Conditions

The Supreme Court dismissed an appeal challenging the initiation of corporate insolvency resolution process (CIRP) against Hiranmaye Energy Ltd. under...

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Bombay High Court Quashes Tax Demand Against Factory in Lump-Sum Contribution Dispute. Agreement for lump-sum contribution in lieu of taxes under Maharashtra Village Panchayats Rules, 1961 held binding on village panchayat, barring unilateral revision of tax.

The petitioner, Bajaj Auto Ltd., a public limited company located within the territorial jurisdiction of Village Panchayat Jogeshwari, challenged a ta...

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Bombay High Court Allows Winding Up Petition Against Debtor Company for Non-Payment of Decretal Debt. Decretal debt remains due and payable despite unsuccessful attempt to set aside ex-parte decree; no bona fide defence raised.

The petitioner, Gati Ltd., filed a winding up petition under Sections 433 and 434 of the Companies Act, 1956 against the respondent, Atcom Technologie...

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Bombay High Court Sets Aside Discharge of Accused in Cheque Bounce Case Despite BIFR Proceedings. The court held that an order under Section 22 of SICA does not automatically bar criminal proceedings under Section 138 of the Negotiable Instruments Act, 1881.

The petitioner, Harshad Jayprasad Bakshi, filed a criminal writ petition challenging the order of the learned Metropolitan Magistrate, 12th Court, Mum...

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Bombay High Court Directs MIDC to Distinguish Water Usage for Manufacturing vs. Allied Activities in Levy of Water Charges. The court held that MIDC cannot levy uniform higher water charges on industrial units without distinguishing between water used as raw material and water used for allied activities.

The petitioner, United Breweries Limited, filed a writ petition under Article 226 of the Constitution of India challenging demand notices, water bills...

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Bombay High Court Dismisses Union of India's Challenge to Arbitral Award in Contract Dispute. Court upholds award granting compensation for work done, security deposit refund, and loss of profit under Arbitration and Conciliation Act, 1996.

The Union of India, through the Chief Project Manager (Conversion), Central Railway, Mumbai, filed a petition under Section 34 of the Arbitration and ...

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Bombay High Court Allows Refund of Octroi on Computer Software in Classification Dispute. Software Held to Be Separate Goods from Hardware Under Bombay Municipal Corporation Act, 1988 and Octroi Rules.

The petitioner, Tata Information Systems Ltd. (now IBM Global Services India Private Limited), was engaged in the manufacture, import, sale, and marke...

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Bombay High Court Allows Writ Petition Against Municipal Corporation for Illegal Demolition of Building Without Notice. Demolition Without Prior Notice Under Section 354 of Mumbai Municipal Corporation Act, 1888 Violates Natural Justice.

The petitioners, purchasers of flats in a building known as Vishal Towers at 107, Motishaw Lane, Mazgaon, Mumbai, filed a writ petition against the Mu...