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Supreme Court Dismisses Appeal Against Initiation of CIRP Against Corporate Debtor Despite Payment by Guarantor's Resolution Applicant. Right of Subrogation Under Section 140 of Indian Contract Act, 1872 Not Available Where Resolution Plan Extinguishes Guarantee and No Payment of Entire Debt.

The case involves an appeal against the initiation of Corporate Insolvency Resolution Process (CIRP) against the 2nd respondent, Gujarat Hydrocarbon a...

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Supreme Court Dismisses Appeals in Arbitration Act Case Regarding Foreign Award Enforcement. Non-Signatory Parties Not Bound by Arbitration Agreement Under Alter Ego Doctrine for Enforcement Under Part II of Arbitration and Conciliation Act, 1996.

The Supreme Court of India heard civil appeals concerning the recognition and enforcement of foreign awards under Part II of the Arbitration and Conci...

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Bombay High Court Allows Writ Petition Against Withholding of Payment Due to Complaints by Ex-Employee. Unilateral Withholding of Payment Without Contractual Authority or Opportunity of Hearing Violates Article 14 and 19(1)(g) of Constitution.

The petitioner, Mahimtura Consultants Pvt. Ltd., a company engaged in consultancy engineering and project management, was awarded a contract by the Pi...

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Bombay High Court Dismisses Petition Challenging Arbitral Award on Service Tax Reimbursement. Contractor not entitled to reimbursement of service tax imposed after bid submission but before contract award where contract provided for reimbursement only if tax was payable on date of bid.

The petitioner, Punj Lloyd Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dated ...

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Bombay High Court Allows Petition Against Forfeiture of Earnest Money in Toll Collection Tender Dispute. Variation in Contract Period from 90 Weeks to 52 Weeks Constitutes Counter-Offer, Not Acceptance, Thus Forfeiture Invalid.

The petitioner, M/s Abhay Construction, a partnership firm, submitted a tender to the Maharashtra State Road Development Corporation Ltd. for collecti...

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Bombay High Court Dismisses PIL Challenging Extension of Toll Collection Period in BOT Road Project. Court holds that concession period extension is a contractual matter and not subject to judicial review under Article 226 in absence of arbitrariness or public interest violation.

The petitioners, claiming to be public-spirited citizens, filed a writ petition in public interest challenging the decision of the State of Maharashtr...