Search Results for "loan account settlement"

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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 Acquits Accused in Murder Case Due to Incredible Dying Declaration...
Supreme Court Quashes Criminal Proceedings Under Section 182 IPC for Lack of Val...

Search Results for "loan account settlement"

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High Court

High Court of Bombay at Goa Allows Appeal in Negotiable Instruments Act Case — Reverses Acquittal and Restores Conviction for Cheque Dishonour. The court held that the presumption under Section 139 of the Negotiable Instruments Act, 1881 operates in favour of the complainant once the signature on the cheque is admitted, and the accused failed to rebut the presumption of legally enforceable debt.

19 Jul 2013

The appellant, Krishna P. Morajkar, filed a criminal appeal against the judgment of the Additional Sessions Judge, Mapusa, which set aside the convict...

Supreme Court

Supreme Court Allows Appeal in IBC Limitation Dispute — Application Under Section 7 Held Barred by Limitation. Acknowledgment of Debt in Balance Sheets Does Not Extend Limitation for Initiating CIRP Under IBC.

9 Aug 2019

The Supreme Court allowed the appeal filed by Babulal Vardharji Gurjar, a director of Veer Gurjar Aluminium Industries Pvt. Ltd., against the order of...

High Court

High Court of Karnataka Hears Regular First Appeal Challenging Decree for Specific Performance of Sale Agreement — Appellants Argue Time Was Essence of Contract and Plaintiff Defaulted on Payment. The Court Frames Issues on Time Essence and Plaintiff's Continuous Readiness and Willingness to Perform.

24 Apr 2026

The case arose from a Regular First Appeal under Section 96 of the Code of Civil Procedure, 1908, filed against the judgment and decree dated 25.04.20...

High Court

High Court of Judicature at Bombay, Ordinary Original Civil Jurisdiction, hears a company petition for winding up of Videocon Industries Limited under sections 433(e) and 434(1)(a) read with 439 of the Companies Act, 1956. The petition, filed by an Italian bank, alleges non-payment of Euros 38 million under a Patronage Letter, which the petitioner argues is a guarantee for a loan to a step-down subsidiary.

5 Dec 2013

The petition, Company Petition No. 528 of 2012, was filed by Intesa Sanpaolo S.P.A., an Italian bank, seeking the winding up of Videocon Industries Li...

High Court

Bombay High Court Allows Petition Under Section 34 of Arbitration Act Against Arbitral Award Dismissing Dispute Over Forfeiture of Shares by Cooperative Bank. Arbitrator's Award Set Aside for Being Perverse and Contrary to Law as Bank's Action of Forfeiting Shares Without Following Procedure Under Multi-State Cooperative Societies Act, 2002 and Bye-Laws Was Illegal.

3 May 2013

The petitioner, Dr. Dalvi Ali Abdul Quadar, was a member and director of M/s Ratna Drugs Ltd., which had obtained a loan from the respondent, Kokan Me...

High Court

High Court of Bombay Restrains Bank from Honoring Bank Guarantee Invocation After Completion of Contract — Invocation Held Invalid as Guarantee Ceased to Be Operative. The court held that the bank guarantee had ceased to be operative upon completion of the contract as certified by the Independent Engineer, and the beneficiary's invocation was not in terms of the guarantee.

12 Apr 2013

The plaintiff, M/s. ABG Kandla Container Terminal Ltd., filed a suit seeking declarations that a bank guarantee had ceased to be operative and that th...

High Court

Bombay High Court Allows Compromise Decree in Property Suit Despite Third-Party Intervention Claim — Consent Terms Binding on Parties, Intervener's Rights Not Affected. The Court held that a compromise between the original parties does not affect the rights of a third party claiming independent title, and such third party need not be impleaded in the suit.

29 Nov 2024

The judgment arises from a suit filed by Vinesh Rashmikant Shah and others (Plaintiffs) against Pee Jay Traders and others (Defendants) concerning dis...

High Court

High Court of Karnataka Quashes FIR in Cheating and Criminal Breach of Trust Case — Dispute Found to be Purely Civil in Nature. Allegations of Criminal Breach of Trust and Cheating Under Sections 406, 420, 506 IPC Read with Section 34 IPC Quashed as Transaction Was a Civil Dispute Arising from a Loan Agreement.

10 Jul 2020

The petitioners, Mr. Nitesh Shetty and Mr. L.S. Vaidyanathan, filed a writ petition under Articles 226 and 227 of the Constitution of India read with ...

High Court

Bombay High Court Allows Consolidation of Cooperative Disputes for Joint Trial — Revision Order Upheld. Common questions of law and fact justified consolidation under Maharashtra Cooperative Societies Act, 1960.

13 Jul 2011

The petitioner, Tarkude Hotels Pvt. Ltd., filed a dispute (No.254/2006) before the Cooperative Court, Pune, against The Rupee Cooperative Bank Ltd. an...

High Court

Gujarat High Court Allows Appeals in Recovery Suits, Holding That Suits Against Guarantors Were Barred by Limitation. The court held that limitation for suit against guarantor runs from date of default by principal debtor, not from date of guarantee, under Article 55 of Limitation Act, 1963.

11 Mar 2026

The case involves three first appeals arising from a common judgment and decree passed by the City Civil Judge, Court No. 11, Ahmedabad, in Civil Suit...

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