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Bombay High Court Adjudicates Section 34 Petition Against Arbitral Award on Termination and Repudiation of Master Asset Purchase Agreement. Arbitrator's Finding of Repudiation by Purchaser and Direction for Refund of Consideration under MAPA Considered.

The dispute arose from a Master Asset Purchase Agreement (MAPA) dated 31st March 2005 between Siddhivinayak Realties Pvt. Ltd. as purchaser and V Hote...

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COMMERCIAL ARBITRATION APPEAL NO.10 OF 2024

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Bombay High Court Dismisses Union of India's Petition Challenging Interest on Delayed Rebate Claims Under Central Excise Act. Interest Under Section 11BB of Central Excise Act, 1944 Held Payable from Expiry of Three Months from Date of Receipt of Rebate Claim, Not from Date of Final Adjudication.

The case involves a dispute between the Union of India (Petitioner) and Jindal Drugs Limited (Respondent) regarding the payment of interest on delayed...

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Karnataka High Court Dismisses Writ Petition Seeking Prohibition Against Commercial Court in Arbitration Matter. Commercial Court's Jurisdiction Upheld Under Section 2(1)(c) of Commercial Courts Act, 2015, and Petitioner Estopped from Challenging Jurisdiction After Having Earlier Invoked It.

The writ petition was filed under Article 226 of the Constitution of India seeking a writ of prohibition to restrain the LXXXV Additional City Civil a...

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Karnataka High Court Hears Petition to Quash FIR Against Company and Director Over Tampered RFID E-Seals. Allegations Involved Offences Under IT Act and IPC for Submitting False Reports and Compromising Container Security.

The case stemmed from the Government of India's implementation of electronic sealing for containerized export cargo using RFID tamper‑proof e‑seal...

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Supreme Court Dismisses Municipal Corporation's Appeal Against Resolution Plan Approval in Insolvency Case. Municipal Corporation's Prior Consent to Resolution Plan Precludes Later Objections Under IBC.

The Municipal Corporation of Greater Mumbai (MCGM) appealed against the order of the National Company Law Appellate Tribunal (NCLAT) which had upheld ...

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High Court of Bombay Adjudicates Section 34 Petition Against Arbitral Award in Commercial Dispute. Termination of Services Agreement by State Assembly Secretariat Held Illegal by Arbitrator; Court's Decision on Frustration and Party Distinctness Not Available in Provided Excerpt.

Background: The dispute arose from an agreement dated 5 December 2015 between the Uttar Pradesh Legislative Assembly (UPLA) Secretariat and Tata Consu...