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Judicial Scrutiny of RBI's Supersession of Abhyudaya Co-operative Bank's Board. Balance between Constitutional mandates and banking regulations reaffirmed.

The Bombay High Court assessed the legality of the Reserve Bank of India's (RBI) supersession of the Board of Directors of Abhyudaya Co-operative Bank...

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Bombay High Court Allows Writ Petition Challenging Property Tax Reassessment by Municipal Corporation. Reassessment of property tax under Maharashtra Municipal Corporations Act, 1949 must be based on capital value and cannot be arbitrary.

The petitioner, Jagjeevan Jaikumar Sanghai (since deceased, through legal heirs), filed a writ petition challenging the reassessment of property tax b...

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Bombay High Court Allows Writ Petition Challenging Rejection of Objections in Cooperative Election Without Specific Reasons. District Cooperative Election Officer's Order Set Aside for Non-Compliance with Natural Justice and Statutory Requirements Under Maharashtra Cooperative Societies Act, 1960.

The petitioner, Vishwas Chandar NejdarMane, filed a writ petition challenging an order dated 13.3.2015 passed by Respondent No.2, the District Coopera...

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Bombay High Court Partially Sets Aside Arbitration Award Against Guarantors in Cooperative Bank Dispute — Guarantors Not Liable for Enhanced Credit Facility Without Their Consent. Guarantor Liability Cannot Be Extended Beyond Original Guarantee Under Section 34 of Arbitration and Conciliation Act, 1996.

The judgment concerns two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging a common undated arb...

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Bombay High Court Dismisses State's Petition Challenging MAT Order Granting Pensionary Benefits to SRPF Constable. Respondent entitled to pension after completing 20 years of qualifying service under Maharashtra Civil Services (Pension) Rules, 1982, as per Rule 49(1) read with Rule 50.

The case involves a writ petition filed by the State of Maharashtra and others under Articles 226 and 227 of the Constitution of India, challenging th...

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Bombay High Court Allows Petition Challenging Cooperative Society's Bye-Law Amendment and Appointment of Administrator. Court holds that amendment to bye-laws requiring members to pay additional contribution for non-residential use is ultra vires the Maharashtra Cooperative Societies Act, 1960.

The petitioners, Balaji Tower Coop. Housing Society Ltd. and Parthasarathy Rangachari, filed a writ petition challenging the amendment to bye-law 28A ...