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Supreme Court Allows Appeal, Upholds Arbitral Award Holding Husband Jointly and Severally Liable for Wife's Debit Balance in Stock Trading Account — Oral Contract for Joint Liability Falls Within Scope of BSE Bye-law 248(a) Arbitration Clause.

The Supreme Court allowed the appeal filed by AC Chokshi Share Broker Private Limited against the order of the Bombay High Court's division bench, whi...

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Supreme Court Upholds NCLAT Order in Insolvency Resolution Plan Approval Under Insolvency and Bankruptcy Code, 2016. Resolution Plan Found Compliant with Section 30(2) and Binding on All Stakeholders Despite Pending Creditor Claim Challenges.

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016, against a judgment dated 4 January 2021 of the National Company Law App...

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Bombay High Court Allows Reinstatement of Nurse in Saibaba Sansthan Case Due to Disproportionate Punishment for Pursuing Higher Education. Termination for Unauthorized Absence While Seeking Leave for Nursing Course Set Aside Under Industrial Disputes Act, 1947.

The petitioner, Smt. Vidya Vijay Kadam, was appointed as a trained nurse by Shri. Saibaba Sansthan, Shirdi, on 6 January 1992 on probation for two yea...

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Bombay High Court Dismisses Section 9 Petition by Debenture Trustee Seeking Deposit and Injunction — No Prima Facie Case for Interim Relief as Trustee Failed to Establish Breach of Trust or Impairment of Security Under Trust Deed and Information Memorandum.

The petitioner, IDBI Trusteeship Services Limited, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking interim rel...

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Bombay High Court Allows Employer's Petition Challenging Reinstatement Order — Employee Abandoned Service by Taking Up Employment Abroad Without Intimation. Clause 13.4 of Certified Standing Orders Validly Invoked to Terminate Employment for Abandonment of Service Under Industrial Disputes Act, 1947.

The Petitioner, Infomedia India Ltd., engaged the First Respondent as a machine operator at its printing establishment in Mumbai. On 22 June 1992, the...

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Bombay High Court Quashes Disciplinary Proceedings Against Export Inspection Agency Employee Due to Inordinate Delay. Delay of Over 18 Years in Concluding Proceedings Violates Article 14 and Principles of Natural Justice.

The petitioner, M.K. Unnikrishnan, joined the services of the Export Inspection Agency (Second Respondent) in 1966 and was last posted in Mumbai as Ad...