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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Cases. Court upholds enhanced compensation based on market value and potential use under National Highways Act, 1956.

The National Highways Authority of India (NHAI) filed four arbitration appeals under Section 37 of the Arbitration and Conciliation Act, 1996, challen...

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Bombay High Court Sanctions Scheme of Arrangement for Amalgamation of Five Transferor Companies with Unichem Laboratories Limited. Scheme held fair and reasonable under Sections 391-394 of Companies Act, 1956, despite shareholder objection.

The judgment concerns five Company Scheme Petitions filed under Sections 391 to 394 read with Sections 80, 100 to 103 of the Companies Act, 1956, seek...

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APPEAL NO.662 OF 1995

The appeal arises from a judgment and order of a learned Single Judge of the Bombay High Court dated 18 January 1996 in Arbitration Petition No.184 of...

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High Court Sanctions Scheme of Amalgamation Between Transferor and Transferee Companies Despite Intervenor Objection. Non-Disclosure of Pre and Post Capital Structure in Explanatory Statement Did Not Invalidate Scheme When Shareholders Had Sufficient Information Under Section 393 of Companies Act, 1956.

The transferor company, Chemidye Manufacturing Company Pvt. Ltd., and the transferee company, Thirumalai Chemicals Ltd., both engaged in similar chemi...

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High Court of Bombay Dismisses Petition Challenging Arbitral Award in Joint Venture Dispute — No Grounds for Interference Under Section 34 of Arbitration and Conciliation Act, 1996. Court upholds arbitrator's findings on breach of joint venture agreement and rejection of counter claims as not perverse.

The petitioner, Development Corporation of Konkan Limited, a government company, filed a petition under Section 34 of the Arbitration and Conciliation...

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High Court of Bombay Allows Section 37 Appeals, Directs Inclusion of Solatium in National Highways Acquisition Awards. Omission of 30% Solatium Held to be a Computational Error Rectifiable Under Section 34 of Arbitration and Conciliation Act, 1996.

Background: The matters involved a batch of appeals under Section 37 of the Arbitration and Conciliation Act, 1996, challenging arbitral awards that d...