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Bombay High Court Dismisses Appeal in Derivative Suit Challenging Sale of Shares by Company Management. Minority Shareholders' Challenge to Sale of Bajaj Hindustan Ltd Shares Fails as Court Finds No Prima Facie Case of Fraud or Mismanagement.

The appellants, minority shareholders of Bachharaj & Company Pvt Ltd, filed a derivative suit challenging the proposed sale of 3,46,96,250 shares of B...

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Gujarat High Court Dismisses Revision Against Succession Certificate Granted to Widow and Children in Summary Proceeding Under Indian Succession Act. Concurrent findings of fact on validity of marriage cannot be interfered with under Section 115 CPC in absence of jurisdictional error or perversity.

The present Civil Revision Application under Section 115 of the Code of Civil Procedure, 1908 read with Section 384(1)(3) of the Indian Succession Act...

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High Court of Karnataka Dismisses Appeal Challenging DICGC Act Provisions in Cooperative Bank Deposit Insurance Dispute. Sections 18A(5) and 21(3)(4) of the Deposit Insurance and Credit Guarantee Corporation Act, 1961, held constitutional and not arbitrary.

The appellant, Sri G.K. Gururaja Rao, Secretary of Sri Guru Raghavendra Sahakara Bank Niyamitha, filed a writ petition under Article 226 of the Consti...

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Bombay High Court Allows Gratuity Claim of Terminated LIC Employee in Fraud Case, But Denies Pay Revision. Payment of Gratuity Act, 1972 Section 4(6) Requires Termination Order for Forfeiture; Employee Not Entitled to Post-Termination Pay Benefits.

The petitioner, Shivaji Kerba Paikrao, was employed with the Life Insurance Corporation of India (LIC) initially as an Assistant and later as a Higher...

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High Court of Karnataka Quashes Lok Adalat Award in Partition Suit for Lack of Jurisdiction and Non-Compliance with Legal Formalities. Lok Adalat Award Passed Without Proper Notice and Without Recording Compromise Terms is Null and Void.

The petitioners, who were defendants in a partition suit, challenged the award passed by the Lok Adalat on 14/08/2009 and the consequential final decr...

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High Court of Karnataka Partially Allows Insurance Company's Appeal and Claimant's Cross-Objections in Motor Accident Compensation Case — Multiplier Applied as per Second Schedule of Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by K.B. Shivakumar Swamy (claimant) under Section 166 of the Motor Vehicles Act, 1988, seek...