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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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Bombay High Court Allows Lapse of Reservation Under Section 127 of MRTP Act for Land Reserved for Garden Since 1976 — Award Under Section 23 of RFCTLARR Act 2013 Quashed as Acquisition Not Completed Within Statutory Period

The petitioners, owners of land in Kankavali, challenged the reservation of their land for a garden under the Maharashtra Regional and Town Planning A...

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Bombay High Court Dismisses Amendment Application in Arbitration Challenge Due to Delay and Lack of Diligence. Petitioner Failed to Show Justification for Incorporating New Ground 17 Months After Filing Petition Under Section 34 of Arbitration and Conciliation Act, 1996.

The case involves a Chamber Summons filed by Zee Sports Limited (now Zee Digital Convergence Ltd.) seeking amendment to its Arbitration Petition chall...

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Bombay High Court Dismisses Amendment Application in Arbitration Challenge Due to Delay and Lack of Diligence. Petitioner Failed to Explain 17-Month Delay in Seeking to Add New Ground Under Section 34 of Arbitration and Conciliation Act, 1996.

The Petitioner, Zee Sports Limited (now Zee Digital Convergence Ltd.), filed a Chamber Summons seeking amendment to its Arbitration Petition under Sec...

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High Court of Karnataka Allows Claimant's Appeal for Enhanced Compensation in Motor Accident Case — Insurance Company's Appeal Dismissed. Claimant's income reassessed and compensation enhanced for loss of future income, pain and suffering, and medical expenses under Motor Vehicles Act, 1988.

The case involves two appeals arising from a motor accident claim. The claimant, Mr. M. Raju, a 25-year-old vegetable vendor, sustained grievous injur...

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High Court of Karnataka Hears Appeals in Motor Accident Claims Challenging Tribunal's Absolution of Insurer and Inadequate Compensation. Claimants Argue That Insurer Failed to Prove Driving Licence Breach and Must Pay Under 'Pay and Recover' Principle of Motor Vehicles Act, 1988.

The appeals arose from a motor vehicle accident on 30.06.2009 where a husband and wife on a motorcycle were hit by a rashly driven Light Goods Vehicle...

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Bombay High Court Dismisses Petitions Challenging Grant-in-Aid Cut-off Date for Secondary Schools. No Vested Right to Grant-in-Aid for Schools Established After 31st March 1997 Under Government Resolution Dated 5th July 1999.

The judgment involves five writ petitions filed by educational institutions challenging the Government Resolution dated 5th July 1999 issued by the St...