Search Results for "Erstwhile directors"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
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Search Results for "Erstwhile directors"

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High Court

Bombay High Court Dismisses Petition Challenging SEBI Settlement Regulations and Rejection of Settlement Proposal. Internal Committee's Power to Impose Conditions Precedent Upheld as Valid and Not Ultra Vires.

11 Nov 2024

The petitioners, Abans Enterprises Ltd. and its promoter Abhishek Bansal, challenged the validity of regulations 6(1)(f) and 13(2)(ba) of the Securiti...

High Court

Bombay High Court Dismisses Writ Petition Against State's Allotment of Surplus Land Under ULC Act — Petitioner Failed to Establish Any Right After Repeal. Land vested in the State under Sections 8, 9, and 10 of the Urban Land (Ceiling and Regulation) Act, 1976, prior to its repeal, remains with the State and cannot revert merely because the Act was subsequently repealed.

27 Oct 2016

The matter before the Bombay High Court arose from a writ petition under Article 226 of the Constitution of India filed by Chhaganlal Khimji and Co. L...

High Court

Bombay High Court Dismisses Multiple Writ Petitions Challenging Amalgamation Scheme of PMC Bank Under Section 45 of Banking Regulation Act, 1949. Petitioners Failed to Establish Violation of Fundamental Rights or Procedural Irregularities; Scheme Upheld as Serving Public Interest and Depositor Protection.

9 Mar 2026

The judgment deals with seven writ petitions filed before the Bombay High Court challenging a Notification dated 25 January 2022 issued by the Ministr...

High Court

High Court of Madras Disposes of Batch of Writ Petitions Challenging Income Tax and GST Assessment Orders, Suo Motu Impleads State Bank of India. No specific legal finding or ratio is discernible from the available text.

24 Feb 2026

The High Court of Madras heard a batch of writ petitions filed by multiple corporate entities, including Aqua Terra Coke and Energy Limited (formerly ...

High Court

Bombay High Court Allows Official Liquidator's Application for Sale of Company Assets in Winding-Up — Rejection of Higher Non-Compliant Offer Upheld. Court holds that strict compliance with earnest money deposit conditions is essential under Rule 272 of the Companies (Court) Rules, 1959, and the Official Liquidator's decision to accept a lower but compliant offer is valid.

1 Dec 2025

The case involves an application by the Official Liquidator seeking approval for the sale of assets of M/s. Navinon Ltd. (In Liquidation) to the appli...

High Court

High Court of Karnataka Dismisses University's Appeal Against Single Judge Order in Service Matter — Interim Relief Granted to Teachers Upheld. Court holds that the principle of natural justice and the right to be heard must be observed before reverting teachers from in-charge positions, and that the University's action was arbitrary and violative of Article 14 of the Constitution.

14 Jul 2022

The present appeals arise out of an interim order dated 04.12.2021 passed by a learned Single Judge of the High Court of Karnataka in W.P. No. 104236/...

High Court

Bombay High Court Dismisses Petition Seeking Elections to Market Committee Due to Non-Compliance with Reservation Notification Requirement. Court holds that elections cannot be ordered until State Government issues notification under Section 13(1B) of the Maharashtra Agricultural Produce Marketing (Development & Regulation) Act, 1963, specifying number of members and reserved categories.

19 Mar 2012

The petitioner, Shekhar Ramchandra Badade, claiming to be an agriculturist and member of the Agricultural Produce Market Committee, Neera, filed a wri...

Supreme Court

Supreme Court Allows Appeals by State Bank of India in Jet Airways Insolvency Case — Holds Performance Bank Guarantee Cannot Be Adjusted Against Resolution Plan Payment and Non-Implementation Leads to Liquidation. The Court ruled that the SRA's failure to pay airport dues and employee dues constituted non-implementation of the Resolution Plan under Section 33(3) IBC, 2016, and the PBG cannot be set off against the first tranche payment.

13 Nov 2024

The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Jet Airways (India) Limited, initiated by State Bank of India (SBI) under S...

High Court

High Court Quashes NCLT Order for Violation of Natural Justice in Corporate Insolvency Withdrawal Case. The court held that failure to issue notice and serve intervention applications on the suspended director under Rules 34(4) and 37 of the National Company Law Tribunal Rules, 2016, constituted flagrant violation of natural justice, making writ petitions maintainable despite alternative remedy under Section 61 of the Insolvency and Bankruptcy Code, 2016.

26 Mar 2026

The dispute arose from an order dated 09.09.2025 passed by the National Company Law Tribunal (NCLT), Mumbai, which allowed intervention applications b...

High Court

Bombay High Court Quashes Criminal Proceedings Against IAS Officer in NAFED Fraud Case — No Prima Facie Case for Criminal Breach of Trust or Conspiracy. Petitioner's Role as Managing Director Did Not Involve Mens Rea or Dishonest Misappropriation Under Sections 409, 420, 467, 468, 471 IPC Read with Section 120B IPC.

29 Jun 2012

The petitioner, Alok Ranjan, an IAS officer, was the Managing Director of NAFED from 2003 to 2005. During his tenure, NAFED entered into contracts wit...

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