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Bombay High Court Dismisses Writ Petition Challenging DRAT Order Requiring Pre-Deposit Under Section 21 of Recovery of Debts Due to Banks and Financial Institutions Act, 1993 — Waiver of Deposit Not Justified as Petitioner Failed to Establish Irreparable Hardship.

The petitioner, Continental Construction Limited, was a defendant in a recovery suit filed by the Export Import Bank of India (Exim Bank) in the Debt ...

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High Court of Karnataka Dismisses Appeals in Co-operative Bank Election Dispute — Upholds Single Judge Order Staying Declaration of Results Due to Irregularities in Voter List. Election Process Under Karnataka Co-operative Societies Act, 1959 Must Comply with Statutory Requirements and Bye-laws.

The case pertains to a dispute regarding the election process of the Kittur Taluka Prathamika Sahakar Krishi Mattu Gramina Abhiruddhi Bank (PCARD Bank...

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High Court of Karnataka Quashes Assignment of Stage Carriage Timings Due to External Dictation and Invalid Tribunal Directions. The Tribunal’s General Directions Under Section 90 of the Motor Vehicles Act, 1988 Were Held to Be Without Jurisdiction and Non-Compliance with Natural Justice.

The writ petitions arose from the assignment of timings for stage carriage permits in Udupi district. The petitioner, K. Satish Nayak, an existing sta...

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Bombay High Court Allows Writ Petition for Return of Security Deposit in Tender Dispute - Bank Cannot Forfeit Deposit Without Express Contractual Term. Petitioner withdrew offer before acceptance; no concluded contract; Bank directed to refund Rs.25,00,000/- with interest.

The petitioner, M/s. Bholenath Trading Company, a partnership firm, submitted a tender in response to a tender notice dated 9.10.2004 issued by the re...