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Supreme Court Dismisses Petition for Appointment of Arbitrator in International Commercial Arbitration Dispute — Seat of Arbitration Determined as Hong Kong Based on Clause 17.2 of MoU.

The petitioner, Mankastu Impex Private Limited, an Indian company, and the respondent, Airvisual Limited, a Hong Kong company, entered into a Memorand...

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Bombay High Court Dismisses Second Appeal in Property Dispute — Upholds Concurrent Findings of Adverse Possession. The court held that the plaintiff had perfected title by adverse possession and that the award of mesne profits under Order 20 Rule 12 CPC was proper.

The case involves a second appeal filed by Smt Shantabai against the judgment of the Additional District Judge, Wardha, which dismissed her appeal and...

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NOTICE OF MOTION NO. 2486 OF 2005

The suit was filed by shareholders of Spice Jet Ltd, a domestic airline company formerly known as Modi Luft, which had undergone several ownership cha...

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Supreme Court Dismisses Appeal in Insolvency Case Over Creditor Status and Resolution Plan Approval. Statutory Authority's Claim as Financial or Secured Creditor Rejected Due to Lack of Diligent Action During Corporate Insolvency Resolution Process Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from the Corporate Insolvency Resolution Process (CIRP) of M/s. JNC Construction (P) Ltd, the Corporate Debtor. The appellant, a sta...

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Bombay High Court Disposes of Appeals by Common Judgment in Multiple Arbitration Petitions Challenging Arbitral Awards on LPG Cylinder Pricing; Arbitral Awards Rejecting Suppliers' Claims Had Been Upheld by Single Judge; High Court Considers Scope of Interference Under Section 34 of Arbitration Act.

The matter involved multiple appeals filed by various LPG cylinder manufacturers against Bharat Petroleum Company Limited (BPCL), a Government of Indi...

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Bombay High Court Dismisses Winding-Up Petition Against Sundeep Polymers Due to Bona Fide Dispute Over Hire Purchase Agreement. Dispute Regarding Defective Vehicle and Pending Consumer Complaint Constitutes Substantial Grounds, Not a Mere Debt Acknowledgment.

The petitioning-creditor, Tata Motors Ltd (formerly Tata Finance Ltd), filed a winding-up petition under sections 433 and 434 of the Companies Act, 19...

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High Court of Karnataka Adjudicates Multiple Petitions Under Section 11 of Arbitration Act for Appointment of Sole Arbitrator in Loan Agreements. Petitions Filed by Financial Services Company Against Borrowers Under Loan and Security Agreements Containing Clause 21 Arbitration Clause.

The petitions were filed by Caterpillar Financial Services India Private Limited, a company incorporated under the Companies Act, 1956, against variou...

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High Court of Karnataka Allows HAL's Appeal, Upholds Cancellation of Promotion Due to Ineligibility. Promotion Cancellation Valid as Respondent Did Not Meet DPC Eligibility Criteria Under HAL's Promotion Policy.

The appellant, Hindustan Aeronautics Limited (HAL), a public sector undertaking under the Department of Defence Production, Ministry of Defence, Gover...

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High Court of Bombay at Goa Dismisses Appeal in Land Acquisition Case — No Enhancement of Compensation for Acquired Land. Appellants failed to prove entitlement to enhanced market value of Rs.2500 per sq. metre under Section 18 of the Land Acquisition Act, 1894.

The appellants, owners of land acquired for road construction in Margao, Goa, challenged the compensation awarded by the Land Acquisition Officer at R...