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Bombay High Court Examines Whether Assignee Bank Can Invoke SARFAESI Act for Debt Assigned by NBFC. The case involves interpretation of 'debt' and 'secured creditor' under SARFAESI Act, 2002 and RDDBFI Act, 1993, and the effect of assignment from a non-banking financial company to a bank.

The petitioner, a banking company, sought to enforce security interest under the SARFAESI Act after acquiring a debt and underlying security from a no...

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Supreme Court Examines Legality of Arrest for Non-Furnishing of Written Grounds Under Article 22(1) and Section 47 BNSS. The Appeal Arises from High Court's Upholding of Arrest Despite Procedural Lapse, with the Supreme Court Considering the Mandatory Nature of the Requirement.

The Supreme Court considered multiple criminal appeals involving the common question of law regarding the mandatory nature of furnishing grounds of ar...

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Bombay High Court Dismisses Admiralty Suit for Pure Economic Loss Without Physical Damage — Claim for Production Loss Due to Vessel Grounding Held Not Maintainable in Tort of Negligence. Defendant Vessel Owner Not Liable as No Duty of Care Owed to Jetty Owner for Purely Economic Loss.

The plaintiff, owner of a captive jetty and PVC resin plant, filed an admiralty suit against the defendant vessel, claiming production loss of Rs. 12,...

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Bombay High Court Allows Writ Petition for Enforcement of SDM's Order on Removal of Unauthorised Parking and Encroachments. Directs Authorities to Implement Order and Frame Guidelines to Ensure Free Traffic Movement Under Motor Vehicles Act and Municipal Laws.

The petitioners, residents of Chandrapur, filed a criminal writ petition under Article 226 of the Constitution of India seeking a writ of mandamus to ...

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Bombay High Court Adjudicates Petitions Challenging RBI and Central Government Actions Under Banking Regulation Act, 1949; Interim Stay Granted Against Amalgamation. Court Finds Prima Facie Haste and Lack of Propriety in Decision-Making Process Leading to Status Quo Ante Restoration.

The matter involved two writ petitions before the Bombay High Court challenging actions taken by the Reserve Bank of India (RBI) and the Central Gover...

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High Court of Judicature at Bombay Quashes State Government's Cancellation of Slum Rehabilitation Scheme Approvals and Directs Fresh Hearing. Inconsistencies Between Government Directives and SRA Circular Were Not Established, and Scheme Was Permitted Under New Housing Policy of 2007.

The petitioner, a developer, submitted a proposal for a Slum Rehabilitation Scheme which was in the nature of a Township Development Scheme for approx...