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Bombay High Court Allows SICOM Petition to Enforce Guarantee Liability Under State Financial Corporations Act, 1951. Guarantors' Defense of Discharge Due to Variation in Contract Rejected as Guarantees Were Continuing and No Material Alteration Occurred.

The petition was filed by SICOM Ltd., a State Financial Corporation, under Sections 31(1)(aa) and 32 of the State Financial Corporations Act, 1951, se...

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Madras High Court Allows SIPCOT's Appeal in Sub-Leasing Dispute — Demand for Sub-Leasing Charges Upheld. Lease Agreement Clause 2(vii) Prohibiting Sub-Leasing Without Consent and Requiring Payment of Charges is Valid and Enforceable.

The case involves two writ appeals filed by State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) against orders of a learned Single J...

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Supreme Court Allows Workman's Appeal on Distribution of Company Assets in Liquidation. Holds that Secured Creditors Have Pari Passu Charge Only Over Properties Specifically Charged, Not All Assets; Workmen Have Priority for Uncharged Properties Under Sections 529 and 529A Companies Act, 1956.

The dispute arose from the winding up of U.M.I. Special Steel Limited, a company registered under the Companies Act, 1956. The company became sick, an...

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Karnataka High Court Hears Writ Petition Challenging Forfeiture of Earnest Money by KSFC in E-Auction Under SARFAESI Act. Petitioner Claims Suppression of Pending Suit and Interim Order Affected Marketable Title, Rendering Auction Notification Fraudulent.

The petitioner, N. Lakshmana, filed a writ petition under Articles 226 and 227 of the Constitution of India before the High Court of Karnataka seeking...

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KAHC010131542020_1

The matter arose from two writ petitions filed by M/s. Chamundeshwari Electricity Supply Corporation Limited, a Government company engaged in electric...

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Bombay High Court Nagpur Bench Reviews Industrial Court's Finding of Unfair Labour Practice Against Employer for Denying Permanent Status to Temporary Workers. Court Examines Whether Completion of 240 Days of Continuous Service Under Model Standing Orders Mandates Confirmation.

This batch of writ petitions was filed by Mahindra and Mahindra Ltd. and one employee before the Bombay High Court, Nagpur Bench, challenging a common...

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High Court of Karnataka Hears Challenge to Direction Deleting Gram Panchayat from Co-operative Society's Area of Operation. Direction Issued Under Section 12(5) of Karnataka Co-operative Societies Act Allegedly Without Authority and in Violation of Natural Justice.

The petitioners, directors of the Antarsante Primary Agricultural Co-operative Society, filed a writ petition under Articles 226 and 227 of the Consti...