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Madurai Bench of Madras High Court adjudicates writ petition for regularization of watchman services and continuation of sanction under government orders; the court examines whether the Division Bench guidelines in (2008) 4 MLJ 289 were satisfied and directs report on action taken.

The writ petition was filed by a watchman and the CSI High School, Manamadurai, seeking a writ of mandamus directing the Government of Tamil Nadu, rep...

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Supreme Court Allows Appeal in Contractual Forfeiture Case — HUDCO Cannot Forfeit Payments Without Fulfilling Reciprocal Obligations. Allotment Cancellation and Forfeiture of Rs. 28.11 Crores Set Aside as Unjust Enrichment Where Lessor Failed to Execute Agreement to Sub-Lease.

The dispute arose from an allotment letter issued by HUDCO to Tomorrowland Limited for a 99-year lease of land to build a 5-star hotel. The appellant ...

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NCLAT Considers Appeal Against NCLT Order Dismissing Application to Prevent Deduction from Resolution Plan Payout in CIRP of Amtek Auto Limited. CoC's Commercial Wisdom Under IBC and Permissibility of Deduction for Pre-CIRP Recoveries Examined by Appellate Tribunal.

(1) Background: The appeal arises from the Corporate Insolvency Resolution Process (CIRP) of M/s. Amtek Auto Limited, initiated on 24 July 2017 on an ...

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Bombay High Court Upholds Conviction of Tax Collector in Bribery Case Under Prevention of Corruption Act, 1947. Demand of Illegal Gratification for Issuing Tax Demand Notice Proved Through Trap and Recovery of Tainted Currency Notes.

The appellant, Dayaram s/o Balram Kuthe, was a Tax Collector with the Nagpur Municipal Corporation. The complainant, Dharamraj Natthuji Madankar, cons...

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Bombay High Court Sanctions Scheme of Arrangement for Amalgamation of Five Transferor Companies with Unichem Laboratories Limited. Scheme held fair and reasonable under Sections 391-394 of Companies Act, 1956, despite shareholder objection.

The judgment concerns five Company Scheme Petitions filed under Sections 391 to 394 read with Sections 80, 100 to 103 of the Companies Act, 1956, seek...