Search Results for "Karnataka State Financial Corporation"

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INTERIM APPLICATION NO.5184 OF 2026

The matter arose from interim applications filed by The City and Industrial Development Corporation of Maharashtra Limited (CIDCO) seeking impleadment...

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High Court of Karnataka Allows Appeal Against Injunction Restraining Bank from Enforcing Corporate Guarantee. The court set aside the injunction as the guarantee deed was unconditional and the bank had a prima facie case under Order 39 Rules 1 and 2 of CPC, enabling it to proceed under SARFAESI Act and IBC.

The appeal arose from an order dated 25.07.2024 passed by the LXXXV Additional City Civil and Sessions Judge, Bengaluru (Commercial Court) in I.A. No....

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High Court of Karnataka Quashes Lokayukta Observation Note and KSRTC Disciplinary Order Against Employee for Lack of Jurisdiction. Observation Note Issued by Additional Registrar of Enquiries Without Authority Under Karnataka Lokayukta Act, 1984 and KSRTC Disciplinary Proceedings Based Thereon Set Aside.

The petitioner, S.S. Bharathi, an employee of Karnataka State Road Transport Corporation (KSRTC), filed a writ petition under Article 226 of the Const...

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High Court of Bombay Determines Applicability of Maharashtra Fee Regulation Act to Autonomous Professional Colleges. The Court Examined Whether Autonomous Status Under the Maharashtra Public Universities Act, 2016 Exempts Institutions from Fee Oversight by the Fees Regulating Authority.

The judgment addressed a common question of law arising from three writ petitions filed by autonomous educational institutions: K.J. Somaiya College o...

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Bombay High Court Allows SFC's Claim for Priority Over Central Excise Dues in Recovery from Borrower's Assets. State Financial Corporation's Statutory Charge Under Section 29 of SFC Act, 1951 Prevails Over Crown Debt Under Central Excise Act, 1944.

The petitioner, SICOM Ltd., a State Financial Corporation established under the State Financial Corporations Act, 1951, advanced a term loan of Rs. 51...