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Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...

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High Court of Bombay Hears Section 34 Petition Concerning Forfeiture of Bid Securities in Tender Process. The Petition Questions Whether the Arbitrator Correctly Interpreted Clause 19.6 of the Tender Instructions and the Law on Bank Guarantees.

The dispute arose out of a tender process floated by the Maharashtra State Electricity Distribution Company Limited for supply, construction, and comm...

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Karnataka High Court Hears Batch of Writ Petitions Challenging Rejection of Quarry Lease Applications under Karnataka Minor Mineral Concession Rules. Petitioners sought processing of pre-2016 amendment applications under unamended rules as per Rule 8-B.

Multiple writ petitions were filed before the Karnataka High Court challenging endorsements issued by the Department of Mines and Geology rejecting ap...

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Bombay High Court Dismisses Contractor's Suit for Specific Performance and Allows Society's Counterclaim for Damages in Construction Dispute. Agreement dated 13th March 1978 held valid but not specifically enforceable due to mutual breaches and failure to prove readiness and willingness.

The judgment concerns two cross-suits between M/s. Shanti Builders (a building contractor) and CIBA Industrial Workers' Co-op. Housing Society Ltd. (t...

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Bombay High Court at Goa Quashes Captain of Ports' Order Changing Zone of Operation for Parasailing Boats — Violation of Natural Justice and Water Sports Policy. Court holds that change of zone without hearing and without valid reasons is arbitrary and contrary to the Water Sports Policy 2020.

The petitioners, owners of parasailing boats, challenged communications dated 19.01.2024 issued by the Captain of Ports (COP) directing them to shift ...

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High Court of Karnataka Dismisses Insurance Appeals in Motor Accident and Workmen Compensation Cases — Upholds Awards for Injured Driver and Deceased Worker's Dependents. Insurer's Liability Affirmed Despite Alleged Policy Violations and Lack of Driving License.

This judgment involves multiple Miscellaneous First Appeals filed by insurance companies against awards of compensation under the Workmen's Compensati...