Search Results for "Banking Companies"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
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Search Results for "Banking Companies"

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High Court

Bombay High Court Allows Section 11 Arbitration Application Under SARFAESI Act Between Secured Creditor and Prospective Secured Creditor Over Title Documents Dispute. The court held that a dispute between a secured creditor and an entity prevented from becoming a secured creditor due to refusal to hand over title documents is arbitrable under Section 11 of the SARFAESI Act, 2002.

6 May 2026

The case involves a petition under Section 11 of the Arbitration and Conciliation Act, 1996, filed by Aditya Birla Housing Finance Limited (Applicant)...

High Court

Bombay High Court Allows Revenue Appeals in Income Tax Cases on Disallowance of Interest Expenditure on Tax-Free Securities. Held that Section 14A of the Income Tax Act, 1961 read with Rule 8D of the Income Tax Rules, 1962 mandates disallowance of expenditure incurred in relation to income not includible in total income, and the Assessing Officer must record satisfaction before invoking Rule 8D.

16 Apr 2019

The judgment involves a batch of appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961, challenging orders of the Income Tax App...

High Court

Bombay High Court Dismisses Landlord's Application for Possession from Official Liquidator in Bank Winding-Up — No Alternative Premises Provided Despite Earlier Direction. Section 457 of Companies Act, 1956 does not empower court to order eviction of liquidator without suitable alternative accommodation being made available.

15 Apr 2026

The Applicant, Shree Vishnu Holdings & Consultants Pvt. Ltd., is the owner and landlord of premises situated at Jayshree Chambers, 82 Nagindas Master ...

High Court

Bombay High Court Examines Challenge to SEBI Special Court's Rejection of Compounding Application Under Section 24A of SEBI Act. Writ Petition Filed Against Order Denying Compounding of Offence Under Section 24(2) for Non-Payment of Penalty Without SEBI Consent.

30 Oct 2018

The case involved a criminal writ petition filed by N.H. Securities Ltd. and its directors seeking to quash an order of the SEBI Special Court that ha...

High Court

High Court of Karnataka Upholds Reinstatement of Bank Employee in Disciplinary Proceedings — Dismissal Order Set Aside for Non-Compliance with Natural Justice. The court held that the disciplinary authority failed to provide adequate opportunity to the employee to cross-examine witnesses and that the punishment of dismissal was disproportionate to the misconduct alleged.

4 Jun 2024

The case involves an intra-court appeal filed by Vijaya Bank (the employer) against an order of a learned Single Judge dated 15.10.2003 in Writ Petiti...

High Court

Bombay High Court Upholds DRAT Order Requiring 25% Pre-deposit for Waiver of Appeal Under SARFAESI Act. Legal Heirs of Guarantor Must Deposit 25% of Section 13(2) Notice Amount as Condition for Hearing Appeal on Merits.

14 Nov 2017

The petitioners, Smt. Julie Amitabh Parekh and others, who are the legal heirs of the deceased guarantor Amitabh Arun Parekh, filed a writ petition ch...

High Court

High Court of Karnataka Dismisses Appeal in Tender Dispute — Bank of Baroda's Disqualification of Bidder Upheld. Pre-qualification criteria requiring specific experience in printing of magnetic strip and QR code passbooks was not met by the appellant, and the court found no arbitrariness in the evaluation.

16 Jul 2026

The appellants, Manipal Technologies Limited (MTL) and its shareholder, filed a writ appeal against an interim order of a Single Judge declining inter...

High Court

Bombay High Court Upholds Conditional Leave to Defend in Summary Suit for Credit Card Dues — Defendant Must Deposit Entire Principal Amount. Court holds that under Order 37 CPC, conditional leave is justified when defendant fails to raise a triable issue or show substantial defence, and the amount claimed is admitted or undisputed.

5 Jan 2024

The petitioner, Dhanaraj Meghraj Rajpal, proprietor of M/s Bombay Apparel Manufacturing Company, challenged an order dated 24 August 2022 passed by th...

Supreme Court

Supreme Court Allows Appeal in Insolvency Case Due to Limitation Bar — Winding Up Petition Filed Beyond Three Years from Default Date Cannot Be Revived Under IBC. The Court held that a time-barred winding up petition under the Companies Act, 1956 cannot be treated as a valid Section 7 application under the IBC, and the filing of a suit for specific performance does not extend limitation for a winding up petition.

25 Sep 2019

The Supreme Court considered appeals arising from the admission of a winding up petition under the Insolvency and Bankruptcy Code, 2016 (IBC). The pet...

High Court

Bombay High Court Allows Former CEO's Suit for Specific Performance of Early Retirement Agreement Against ICICI Bank. Court holds that once ICICI Bank accepted Mrs. Kochhar's early retirement, it could not unilaterally treat her services as terminated for cause, and that the clawback of bonuses and ESOPs was impermissible.

10 Nov 2022

The dispute arises from the employment relationship between Mrs. Chanda Kochhar, former Managing Director and CEO of ICICI Bank Ltd., and the bank. Mr...

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