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High Court of Karnataka hears a writ petition challenging the assignment of investigation to the Serious Fraud Investigation Office under Section 212 of the Companies Act, 2013. The petition raises issues regarding the permissibility of parallel investigation and violation of natural justice principles.

The petitioner, Exalogic Solutions Private Limited, a one person company incorporated in 2014, sought to quash an order dated 31-01-2024 passed by the...

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Bombay High Court Allows Appointment of Arbitrator in Leave and License Agreement Dispute Under Section 11 of Arbitration and Conciliation Act, 1996. Court Holds That Existence of Arbitration Clause and Disputes Justify Appointment, Leaving Issues of Limitation and Validity to Arbitrator.

The applicant, Bafna Motors Private Limited, filed an application under Section 11 of the Arbitration and Conciliation Act, 1996 seeking appointment o...

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Bombay High Court Dismisses Appeals Against Execution of Foreign Decree in Mistaken Credit Case. Foreign Judgment for Recovery of USD 5,00,000 Held Conclusive Under Section 13 CPC as Not Contrary to Public Policy.

The appeals arise from a suit filed by BNP Paribas (Switzerland) SA (the respondent bank) for execution of a foreign judgment passed by the District C...