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High Court of Karnataka Allows Claimants' Appeal in Motor Accident Claim — Compensation Enhanced from Rs.13,36,000 to Rs.14,26,000. Tribunal's application of multiplier of 14 and 40% future prospects upheld; conventional heads increased to Rs.70,000 as per Pranay Sethi.

The appeal was filed by the claimants, legal representatives of deceased Shrishail Kore, challenging the judgment and award dated 31.03.2016 passed by...

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Supreme Court heard cross-appeals from NCLAT order partly reversing NCLT’s finding on trademark ownership during CIRP; cross-appeal challenged NCLT’s jurisdiction to determine title under Section 60(5) IBC.

The dispute originated in the corporate insolvency resolution process of Fort Gloster Industries Limited (corporate debtor), which was admitted into C...

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Supreme Court Dismisses Corporate Debtor's Appeal Against NCLT Order Admitting Insolvency Application Under Insolvency and Bankruptcy Code, 2016. Maharashtra Act Moratorium Does Not Bar Insolvency Proceedings as Section 238 of the Code Overrides Inconsistent State Laws.

The appeal arose from the first application under the newly enacted Insolvency and Bankruptcy Code, 2016. The corporate debtor, a multi-product compan...

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Bombay High Court Grants Bail to Police Officer in MCOCA Case for Lack of Sanction and Prima Facie Evidence of Organised Crime. The court held that the absence of valid sanction under Section 23(2) of MCOCA and failure to establish a prima facie case of organised crime entitled the applicant to bail.

The applicant, Anil Murlidhar Deshmukh, a police officer, was arrested on 8th October 2004 in connection with a case registered under various sections...

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ARBITRATION PETITION (L) NO. 1793 OF 2013

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Bombay High Court Dismisses Appeals Against Admission of Winding-Up Petitions Under Companies Act, 1956 — Held That Company Court Has Discretion to Appoint Provisional Liquidator and That Appeal Against Admission Order Is Not Maintainable Under Section 483 of the Companies Act, 1956.

The judgment concerns a batch of appeals filed by Vision Millennium Exports Pvt. Ltd. against orders of the Company Court admitting winding-up petitio...

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High Court of Karnataka Adjudicates Multiple Appeals on Land Acquisition Compensation for Minor Irrigation Tank. Reference Court's Enhanced Market Value Challenged by Both State and Land Losers.

The High Court of Karnataka Kalaburagi Bench heard a conglomeration of appeals filed under Section 54(1) of the Land Acquisition Act, 1894, and cross-...