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Bombay High Court Dismisses Writ Petitions Against DRT Order in Debt Recovery Case — Bank Entitled to Recover Debt Under RDB Act. DRT Has Inherent Power to Reject Frivolous Counterclaim Without Recording Evidence, and High Court Should Not Interfere When Alternative Remedy of Appeal Exists.

The case involves two writ petitions arising from proceedings before the Debt Recovery Tribunal (DRT) under the Recovery of Debts Due to Banks and Fin...

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Supreme Court Dismisses Insurer's Appeal, Upholds Appointment of Arbitrator in Insurance Claim Dispute. Discharge Voucher Signed Under Protest and Coercion Does Not Bar Arbitration Under Section 11(6) of the Arbitration and Conciliation Act, 1996.

The case involves an appeal by The Oriental Insurance Co. Ltd. against a Bombay High Court order appointing an arbitrator under Section 11(6) of the A...

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Bombay High Court Allows Winding Up Petition Against Varun Global Limited for Non-Payment of Loan Debt. Life Insurance Corporation of India Succeeds in Proving Company's Inability to Pay Debts Under Sections 433(e) and 434 of the Companies Act, 1956.

The petitioner, Life Insurance Corporation of India (LIC), filed a company petition under Sections 433(e) and 434 of the Companies Act, 1956, seeking ...

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Bombay High Court Quashes FIR Against Accused in Money-Lending Case Due to Inordinate Delay of 33 Years. FIR under Section 39 of Maharashtra Money-Lending (Regulation) Act, 2014 Quashed as Abuse of Process Where Transaction Occurred in 1982 and Civil Suit Pending.

The petitioner, an 85-year-old woman, filed a writ petition seeking quashing of FIR No.21/2015 registered against her under Section 39 of the Maharash...

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Bombay High Court Dismisses Landlord's Restoration Applications in Eviction Disputes Due to Failure to Show Sufficient Cause for Non-Appearance. Order IX Rule 9 CPC Requires Satisfactory Explanation for Absence, Which Was Not Provided.

The judgment pertains to a group of civil applications filed by Lekhraj M. Solanki and Jasoda Lekhraj Solanki, the original plaintiffs, seeking restor...