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High Court Allows Bank Appeal, Holds Guarantors Liable for Loan Recovery; Trial Court's Dismissal Against Guarantors Reversed. Equitable Mortgage by Deposit of Title Deeds Valid and Suit Within Limitation as Guarantors Agreed to be Bound by Principal Borrower's Acknowledgment.

The dispute arose from a loan recovery suit filed by Allahabad Bank against the principal borrower and six guarantors. The bank had sanctioned a loan ...

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Supreme Court Remands Case to High Court for Fresh Hearing Due to Jurisdictional Error in Deciding Application Under Order 41 Rule 27 CPC. High Court Failed to Follow Settled Precedents on Admission of Additional Evidence in Appeal.

The Supreme Court allowed the appeals filed by the legal representatives of the original defendants against the common judgment of the High Court of J...

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High Court of Bombay at Goa Partially Allows Appeal in Land Acquisition Case, Reduces Compensation from ₹450 to ₹360 per sq. metre for Devasthan Property. Deduction of 10% applied due to restrictions under Devasthan Regulation on sale of trust properties.

The case involves a First Appeal filed by the Executive Engineer, Works Division VII, Public Works Department, Government of Goa, challenging the Judg...

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Bombay High Court Allows Husband's Appeal Against Restitution of Conjugal Rights Decree, Holds No Valid Marriage Under Hindu Marriage Act, 1955. Essential Ceremonies Like Saptapadi Not Proved, Hence Marriage Invalid Under Section 7 of Hindu Marriage Act, 1955.

The appellant-husband filed a Family Court Appeal under Section 19 of the Family Courts Act, 1984 read with Section 28 of the Hindu Marriage Act, 1955...

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Supreme Court Dismisses Appeal Against Initiation of CIRP Against Corporate Debtor Despite Payment by Guarantor's Resolution Applicant. Right of Subrogation Under Section 140 of Indian Contract Act, 1872 Not Available Where Resolution Plan Extinguishes Guarantee and No Payment of Entire Debt.

The case involves an appeal against the initiation of Corporate Insolvency Resolution Process (CIRP) against the 2nd respondent, Gujarat Hydrocarbon a...

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Bombay High Court Allows Appeal in ESI Act Case — Conveyance Allowance Excluded from Wages Under Section 2(22)(b). Conveyance allowance paid to employees for actual travel expenses is not 'wages' under the ESI Act, 1948, and no contribution is payable on such amount.

The appellant, Paramount Agencies Pvt. Ltd., a company covered under the Employees' State Insurance Act, 1948, received a letter dated 31.01.1991 from...