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Bombay High Court Sanctions Scheme of Amalgamation of Monarch Research and Brokerage Private Limited and Monarch Project and Finmarkets Limited with Networth Stock Broking Limited under Sections 391-394 of the Companies Act, 1956 — Objection by Gold Castle Realtor Dismissed as Not a Creditor or Member.

The judgment concerns two Company Scheme Petitions (CSP 575/2012 and CSP 576/2012) filed by Monarch Project and Finmarkets Limited (2nd Transferor Com...

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High Court of Bombay Hears Section 34 Petition Concerning Forfeiture of Bid Securities in Tender Process. The Petition Questions Whether the Arbitrator Correctly Interpreted Clause 19.6 of the Tender Instructions and the Law on Bank Guarantees.

The dispute arose out of a tender process floated by the Maharashtra State Electricity Distribution Company Limited for supply, construction, and comm...

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Bombay High Court Hears Company Petition for Sanction of Scheme of Arrangement and Reduction of Share Capital. Petition Seeks to Restructure Debts and Reduce Capital Under Sections 391, 392, and 102 of the Companies Act, 1956.

This matter pertains to a company petition filed by Sharp Industries Limited under Sections 391-394 of the Companies Act, 1956, seeking sanction of a ...

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Bombay High Court Sanctions Scheme of Arrangement in Company Petition for Revival of Sick Pharmaceutical Company. Scheme under Section 391 of Companies Act, 1956, Approved Involving Settlement of Secured Creditors' Dues through Cash and Securities.

The Pharmaceutical Products of India Limited (PPIL), a company incorporated under the Companies Act, 1956, filed two company petitions under Section 3...

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Bombay High Court Examines Writ Petition Challenging Rejection of Technical Bid in Smart LED Street Lighting Tender. Court Notes Settled Principle that Judicial Review in Tender Matters is Limited to Public Interest and Malafide, and Examines Turnover Eligibility Criteria Under Tender Clause.

The matter concerned a writ petition under Article 226 of the Constitution of India filed before the Bombay High Court by a public limited company aga...

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Bombay High Court Dismisses Challenge to Tender Evaluation in Solid Waste Management Contract. Technical Evaluation Upheld as Per Tender Conditions and No Malafides Established.

The petitioner, A2Z Infra Services Ltd., challenged the technical evaluation of a tender issued by Nagpur Municipal Corporation (NMC) for door-to-door...