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Bombay High Court Dismisses Appeal Against Refusal to Injunction Bank Guarantee Encashment in Commercial Dispute. No Case of Fraud or Irretrievable Injustice Made Out to Restrain Bank Guarantee Invocation Under Contract Law Principles.

The appeal arises from an order of the learned Single Judge refusing to grant an injunction restraining the respondent from encashing a bank guarantee...

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Bombay High Court Dismisses Writ Petition Challenging E-Auction Sale Due to Alternate Remedy Under SARFAESI Act. Petitioner, as second highest bidder, alleged collusion and system malfunction but was directed to approach Debts Recovery Tribunal.

The petitioner, Radhika Rajesh Agarwal, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court challenging ...

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Supreme Court Allows Union of India's Appeals in Air Force Officers' Premature Separation Cases. Officers Cannot Withdraw PSS Application After Availing Pre-Release Course Under Human Resource Policy.

The Supreme Court heard a batch of appeals concerning four officers of the Indian Air Force who applied for Premature Separation from Service (PSS) un...

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Supreme Court Allows Promoter's Appeal in IBC Withdrawal Case — Commercial Wisdom of Committee of Creditors Cannot Be Overridden by NCLT/NCLAT. Settlement Plan Approved by 94.23% Voting Share Under Section 12A of Insolvency and Bankruptcy Code, 2016 Must Be Respected.

The case involves appeals by Vallal RCK, the promoter of M/s Siva Industries and Holdings Limited (Corporate Debtor), against the common judgment of t...

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Bombay High Court Upholds Reinstatement of Employee Who Resigned Under Mistake of Fact in MRTU & PULP Act Case. Employer's Failure to Disclose Circular Allowing Withdrawal of Resignation Constitutes Unfair Labour Practice Under Item 1(a) and (b) of Schedule IV.

The petitioner, Maharashtra State Road Transport Corporation, challenged the judgments of the Labour Court and Industrial Court which allowed the comp...