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Bombay High Court Dismisses Challenge to Amendment of Section 88 of Maharashtra Co-operative Societies Act, 1960. Insertion of Third and Fourth Provisos Permitting Government Extension of Time for Inquiry Against Delinquent Promoters is Constitutionally Valid and Not Retrospective Penal Legislation.

The dispute arose from an inquiry under Section 88(1) of the Maharashtra Co-operative Societies Act, 1960 initiated against former directors of the Ma...

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Bombay High Court Upholds Bank's Right to Enforce Security Under SARFAESI Act Outside Insolvency; No Fetters on Secured Creditor. Secured creditor entitled to stand outside insolvency proceedings under Presidency-Towns Insolvency Act, 1909 and proceed under SARFAESI Act for recovery of dues.

The appellant, Punjab National Bank, stood as a secured creditor by virtue of a guarantee executed by the second respondent, Soumit Ranjan Jena, for a...

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Madras High Court Hears Cross-Appeals in Motor Accident Compensation Claim Involving Income Assessment and Future Prospects. Insurance Company Challenges Quantum While Claimants Seek Enhancement Under Section 173 of Motor Vehicles Act, 1988.

These cross appeals arose from a motor accident claim. The claimants, being the wife, two daughters, and parents of deceased Kanak Kumar Bararia, soug...

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Bombay High Court Hears Interim Application in Suit for Specific Performance of Family Settlement Minutes. Interim Injunction Sought to Restrain Defendants from Valuing or Buying Out Shareholding Pending Suit for Enforcement of Minutes of Discussion.

The dispute arose in the context of a family-run private limited company engaged in automobile dealerships across multiple states. The Plaintiffs and ...

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Bombay High Court Quashes FIR and Proceedings Under Section 306 IPC for Abetment of Suicide — No Prima Facie Case of Instigation or Abetment Established. Financial Dispute and Suicide Note Without Evidence of Intent to Instigate Suicide Do Not Attract Ingredients of Section 306 IPC.

The applicant, Ramrao Dhakane, filed a Criminal Application under Section 482 of the Code of Criminal Procedure seeking quashing of FIR No. 111 of 202...