Search Results for "Housing Project Fraud"

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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 Bombay Hears Section 34 Petition Challenging Arbitral Award in Railway Laundry Contract. Petition Questions Recovery Rate for Lost Linen, Delay Penalty, Penalty Cap, and Fixed Cost Compensation Under the Arbitration Act, 1996.

The Central Railway filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dated 7 March 2024 ...

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Bombay High Court Dismisses Writ Petition Seeking Acquisition or Restoration of Land in Land Acquisition Act Case — Possession Already Taken Under Award. Writ of Mandamus Cannot Compel Acquisition When Land Vests in State Under Section 16 of Land Acquisition Act, 1894.

The petitioners filed a writ petition under Article 226 of the Constitution of India seeking a writ of mandamus directing the respondents to acquire t...