Search Results for "management clause"

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Search Results for "management clause"

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High Court

High Court of Judicature at Bombay Hears Commercial Appeal Against Conditional Leave to Defend in Summary Suit Under Order XXXVII CPC. The Appeal Centres on Whether Section 12A of Commercial Courts Act, 2015 Mandates Pre-Institution Mediation and Whether the Single Judge Correctly Required Deposit of the Suit Amount.

1 Oct 2021

The dispute arose from a commercial summary suit filed by the respondent against the appellant for recovery of Rs.5.54 crores with accrued interest. T...

High Court

Bombay High Court Holds That Proviso to Clause 53 of Statute 24 Is Not Attracted When Employee Is Terminated for Willful Neglect of Duty or Misconduct Covered by Clauses (a) and (b) of Schedule A of Ordinance 6 of College Code. The requirement of prior approval under the proviso applies only to termination simpliciter, not to termination for misconduct under the specified clauses.

20 Feb 2023

The case involves a reference made by a Division Bench of the Bombay High Court at Nagpur regarding the interpretation of the proviso to Clause 53 of ...

High Court

High Court of Judicature at Bombay Refers Question of Law on Allowability of Expenditure under Section 40(a)(i) and Section 172 of Income Tax Act to Larger Bench. Disagreement with earlier Division Bench decision in CIT v. Orient (Goa) Pvt. Ltd. leads to referral on whether payer's non-resident status required for invoking proviso to Section 172.

5 Feb 2016

Background: The case concerns income tax appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961, against the order of the Income ...

Supreme Court

Supreme Court Dismisses Appeal Against RBI Guidelines Prohibiting Merchanting Trade in Banned Goods During Pandemic. Clause 2(iii) of the 2020 MTT Guidelines is a reasonable restriction under Article 19(6) as it serves the legitimate aim of preserving domestic PPE stocks and is not manifestly arbitrary.

6 Dec 2021

The appeal arose from a judgment of the Madhya Pradesh High Court upholding Clause 2(iii) of the Revised Guidelines on Merchanting Trade Transactions ...

High Court

Bombay High Court Allows Arbitration Appeal Against Vacation of Stay on Bank Guarantee Invocation. Court holds that the arbitral tribunal's interim order under Section 17 of the Arbitration and Conciliation Act, 1996, granting stay on invocation of performance bank guarantees, cannot be vacated solely on the ground of balance of convenience when there is a serious dispute regarding the underlying contract and the invocation is alleged to be fraudulent.

10 Sep 2025

The appellant, M/s. Pinnacle Teleservices Pvt. Ltd., filed an arbitration appeal against the order dated 27-08-2024 passed by the learned District Jud...

High Court

Bombay High Court Dismisses Employer's Petition Challenging Reinstatement of Workman in Unfair Labour Practice Case. Labour Court's finding of illegal termination and award of 25% back wages upheld as not perverse.

27 Feb 2020

The petitioner, Hartex Tubes Pvt. Ltd., challenged the judgment of the First Labour Court, Nagpur, dated 26.2.2007, which declared the dismissal of re...

High Court

Bombay High Court Decrees Suit in Favour of Financial Advisor in Commercial Summary Suit for Professional Fees — Interpretation of Mandate Letter Options for Success Fee on Cash Sales of NPAs. Court holds that where the Bank exercised option of 100% cash sales, the Financial Advisor is entitled to success fee at the higher rate of 0.50% on cash received, as per option (a) of the Mandate Letter dated 1 July 2017.

25 Feb 2025

The Plaintiff, Special Situation Advisors (India) Pvt. Ltd., a company registered under the Companies Act, 1956, engaged in providing financial adviso...

High Court

Bombay High Court Allows Continuation of Arbitration Proceedings After Amalgamation of Multi-State Cooperative Society into Non-Cooperative Entity. The court held that Section 29A of the Arbitration and Conciliation Act, 1996 does not apply to arbitrations under the Multi-State Co-operative Societies Act, 2002, and that arbitration proceedings survive amalgamation.

20 Mar 2024

The judgment concerns two writ petitions filed by Emerald Realtors Pvt. Ltd. and Dewan Realtors Pvt. Ltd. challenging the continuation of arbitration ...

Supreme Court

Supreme Court Dismisses Appeals by Appellants -- Upholds Committee of Creditors' Approval of Sarda Energy and Minerals Limited's Resolution Plan Under Insolvency and Bankruptcy Code, 2016 -- Doctrine of Commercial Wisdom Affirmed in Insolvency Resolution

27 Feb 2026

The Supreme Court upheld the approval of a Resolution Plan by Sarda Energy and Minerals Limited (SEML) for SKS Power Generation (Chhattisgarh) Ltd. un...

High Court

KAHC010059832012_1

21 Jun 2016

The available text of the judgment only includes the list of parties in W.P.No.27674/2012 and connected cases, filed as a Public Interest Litigation b...

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