Search Results for "equitable principle"

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High Court of Bombay Considers Interim Motions in Suit by Foreign Trustees for Recovery of Assets Allegedly Concealed in India. The Court Examines Whether Plaintiffs Have Made Out Prima Facie Case for Disclosure and Deposit Orders Based on US Bankruptcy Court Findings.

The suit was filed by ITC Ltd., acting as trustees in bankruptcy of Suresh Chitalia, Devang Chitalia, EST Fibres Inc., and Lokman Establishment, to re...

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Bombay High Court Quashes Government Resolution Granting Letter of Intent for New Colleges, Holds State's Discretion Under Section 109(3)(d) of Maharashtra Public Universities Act Must Be Non-Arbitrary. Refusal Based on Extraneous Factors Like Age of Institution Violates Article 14 of Constitution.

The matter pertained to the establishment of a new college in Taluka-Haveli, Pune, under the Maharashtra Public Universities Act, 1960. The petitioner...

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High Court of Bombay Grants Injunction Against Former Whole-Time Director for Breach of Confidentiality and Concurrent Employment. Forwarding Customised Software Manual to Competitor and Accepting Directorship Without Approval Constitutes Threat of Breach, Necessitating Injunction.

The dispute arose from an employment agreement between Bombay Dyeing and Manufacturing Co. Ltd. and Mehar Karan Singh, who served as whole-time direct...

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High Court of Karnataka Dismisses/Allows Appeals Against Interim Orders Restraining LCIA Arbitration in Convertible Debentures Dispute. Court Examines Whether Civil Suit to Restrain Arbitration is Maintainable Under Section 5 of Arbitration Act and Interprets Arbitration Clause.

The litigation arises from a dispute over a Compulsorily Convertible Debentures Subscription and Securities Holders Agreement dated 21.06.2013 between...

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Bombay High Court Dismisses Writ Petition Challenging Recovery of Excess Pay Due to Suppression of Material Undertaking. Employee Bound by Written Undertaking to Refund Excess Payments and Failure to Disclose It Violated Principle of Clean Hands in Writ Jurisdiction.

The writ petition arose from orders dated 18.11.2019 and 22.11.2019 issued by the Sub-Divisional Engineer, Civil, Zilla Parishad, Vaijapur, directing ...