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Bombay High Court Admits Winding Up Petition Against Syrma Technology Pvt. Ltd. for Non-Payment of Admitted Debt Despite Insurance Payment. Court holds that receipt of insurance proceeds does not extinguish the debt or bar winding up proceedings under the Companies Act, 1956.

The petitioner, Jiangsu Skyrun Wuxi Co. Ltd., filed a company petition under Section 433(e) of the Companies Act, 1956 seeking winding up of Syrma Tec...

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Bombay High Court Dismisses Petition by Union of India and Government Presses Challenging Industrial Tribunal Award. Notice of Change Under Section 9A of Industrial Disputes Act, 1947 Held Invalid Due to Existing Settlement Under Section 2(p) of the Act.

The Union of India and the managements of India Security Press and Currency Note Press, Nashik, filed a writ petition challenging the award of the Cen...