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Bombay High Court Dismisses Petition Challenging Impleadment of Promoter in Co-operative Dispute Under Section 94(3)(c) MCS Act. Co-operative Court's Power to Implead Parties Is Not Restricted to Persons Enumerated Under Section 91(1)(a) to (e) and Includes Necessary Parties for Effective Adjudication.

The petitioners, members of Bramha Suncity Co-operative Housing Society Ltd., filed Dispute No.106/2021 before the Co-operative Court under the Mahara...

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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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Bombay High Court Dismisses Petition to Set Aside Arbitral Award in Cotton Supply Dispute. Consolidation of Claims from Nine Contracts with Identical Terms Does Not Violate Fundamental Policy of Indian Law Under Section 34 of the Arbitration and Conciliation Act, 1996.

The petitioner, BST Textile Mills Pvt. Ltd., entered into nine contracts with the respondent, The Cotton Corporation of India Ltd., for the purchase o...