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Bombay High Court Adjudicated Arbitration Petition Under Section 34 of the Arbitration and Conciliation Act, 1996 Challenging Arbitral Award in Lease Finance Dispute. The Award Held Lessee Liable for Tax Demands Arising from Disallowance of Depreciation Under Income Tax Act, 1961.

The matter pertains to an arbitration petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 before the High Court of Judicatur...

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High Court of Bombay at Goa Adjudicates Writ Petition on Tender Disqualification of Consortium with Proprietary Lead Member. Court Examines Whether RFP Clauses Required All Consortium Members to be Companies Under Companies Act, 2013.

Background: The dispute arose from a tender process initiated by Mormugao Port Authority (Respondent No.1) for the operation and maintenance of Intern...

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CRIMINAL WRIT PETITION NO. 3301 OF 2018

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Supreme Court Quashes NCLT Approval and NCLAT Judgment in Bhushan Power CIRP, Remands for Fresh Resolution Plan. Approved Plan Set Aside Due to Inordinate Delay, Illegal Extension Clause, Waterfall Violation, and Non-Compliance with IBC Provisions Including Sections 30, 31, and 53.

The Supreme Court adjudicated a batch of civil appeals under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) challenging the approval of ...

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High Court of Karnataka Disposes of Batch of Writ Appeals Filed Under Karnataka High Court Act Against Single Judge Order in BDA Matter. The Court’s decision and specific legal findings are not provided in the extracted text.

The High Court of Karnataka at Bengaluru, constituted by Justice B.V. Nagarathna and Justice N.S. Sanjay Gowda, heard a batch of writ appeals on 26th ...