Search Results for "bank guarantees"

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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...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Dismisses Appeal in Compulsory Retirement Case Based on Declining ...
Supreme Court Disposes Appeal by Consent Appointing Arbitrator in MSME Dispute, ...

Search Results for "bank guarantees"

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Supreme Court

Supreme Court Hears Appeals Against High Court Decrees in Malankara Church Disputes. Rival Claims Over Control of Church Assets and Applicability of 1934 Constitution Pending Adjudication.

1 Aug 2026

The Supreme Court heard a batch of civil appeals arising from judgments and decrees of the High Court of Kerala in three sets of suits concerning chur...

High Court

Karnataka High Court Dismisses Petitioner's Claim for Compassionate Appointment Due to 15-Year Delay. Unexplained delay and lack of bona fides defeat the purpose of compassionate appointment, which is to provide immediate financial relief.

6 Feb 2025

The petitioner, Smt. Veena, filed a writ petition under Articles 226 and 227 of the Constitution of India, challenging an endorsement dated 07.05.2022...

Supreme Court

Supreme Court Allows Appeal in Land Acquisition Compensation Dispute — Liability for Supplementary Award Rests with Original Beneficiary, Not Transferee Company. Scheme of Arrangement Under Sections 391-394 of Companies Act, 1956 Does Not Transfer Contingent Liabilities of Pending Acquisition Proceedings.

20 Sep 2024

The Supreme Court allowed the appeal filed by M/s Ultra-Tech Cement Ltd. against the order of the Himachal Pradesh High Court dated 12.07.2022. The Hi...

High Court

Bombay High Court Allows Appeal of Assessee in Income Tax Case — Write-off of Advances and Expenses Held Allowable as Business Loss Under Section 28 of Income Tax Act, 1961. The court held that amounts advanced to a business associate in the course of business dealings and written off as irrecoverable are deductible as business loss.

9 Jun 2023

The appellant, Mahindra and Mahindra Ltd., a public limited company engaged in manufacturing and trading, filed an appeal under Section 206A of the In...

High Court

Bombay High Court Dismisses Petition Challenging Debarment of Contractor for Failure to Furnish Performance Bank Guarantee. Bank's action of debarment upheld as not arbitrary or malafide, based on contractual stipulations and due process.

22 Jun 2021

The case involves a writ petition filed by Nisa Industrial Services Pvt. Ltd. and another (Petitioners) challenging the debarment of Petitioner No.1 b...

Supreme Court

Supreme Court Upholds High Court Decision Quashing Labour Cess Demand Under Building and Other Construction Workers' Welfare Cess Act, 1996. The Court held that the cess demand was invalid as the contract work did not constitute 'building or other construction work' under Section 2(1)(d) of the Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996, and the levy under Sections 3(1) and (2) of the Cess Act was not applicable.

12 May 2021

The Supreme Court of India, in a civil appellate jurisdiction, addressed a special leave petition under Article 136 of the Constitution of India. The ...

High Court

Bombay High Court Quashes Blacklisting of Supplier by Central Bank of India for Non-Supply Due to Force Majeure. Natural Calamity in Thailand Constitutes Force Majeure Excusing Performance Under Contract Law Principles.

6 Jul 2018

The petitioner, M/s. Acer India (Pvt.) Ltd., a private limited company engaged in supplying computer software and hardware, challenged its blacklistin...

High Court

High Court of Karnataka Dismisses Writ Petition Seeking Release of Seized Minerals in Forest Offence Case — Petitioner Failed to Establish Ownership and Transport Permits Were Invalid

19 Sep 2014

The petitioner, a partner in Srinivasa Minerals Trading Company, filed a writ petition under Articles 226 and 227 of the Constitution of India seeking...

High Court

Bombay High Court Partially Sets Aside Arbitral Award in ONGC Contract Dispute Over Pour Point Depressant Supply — Contractor's Claim for Price Revision Rejected, ONGC's Claim for Excess Dosage Compensation Upheld in Part. The court held that the arbitrator's interpretation of the price variation clause was perverse and contrary to the express terms of the contract under Section 30 of the Arbitration Act, 1940, and reduced the interest rate from 18% to 12% per annum.

6 Dec 2012

The judgment concerns two arbitration petitions filed under Section 30 of the Arbitration Act, 1940, challenging an arbitral award dated 25th Septembe...

Supreme Court

Supreme Court Dismisses Creditor-Bank's Appeal in Insolvency Notice Case — Recovery Certificate Issued by DRT Cannot Form Basis for Insolvency Notice under Section 9(2) of Presidency Towns Insolvency Act, 1909. The Court Holds That Term 'Decree or Order' in Section 9(2) Must Be Strictly Construed to Exclude Recovery Certificates as the Insolvency Act Carries Grave Civil Consequences and Insolvency Notice Is Not a Mode of Execution.

1 Jan 1970

The dispute arose from an attempt by a creditor-bank to initiate insolvency proceedings against a guarantor director based on a recovery certificate i...

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