Search Results for "Fraud"

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Dispute Over Insolvency Proceedings and Settlement. A pivotal judgment addressing the scope of inherent powers under Rule 11 of NCLAT Rules for settling insolvency proceedings before the constitution of the Committee of Creditors.

The Supreme Court of India examined the legality of a settlement approved by the National Company Law Appellate Tribunal (NCLAT), which was challenged...

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Anticipatory Bail Denied in High-Profile Case Involving Death and Alleged Conspiracy. Court rejects bail plea in a case involving a deadly car crash, bribery, and forgery allegations against a businessman.

The Bombay High Court, presided by Justice Manish Pitale, denied anticipatory bail to the applicant, who was implicated in a conspiracy involving a fa...

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HDFC Bank Cleared of Criminal Charges: FIR Quashed by Supreme Court. Supreme Court rules in favor of HDFC Bank, quashing FIR related to alleged violations of prohibitory orders concerning a bank locker.

The Supreme Court set aside a 2022 judgment from the Patna High Court and quashed an FIR filed against HDFC Bank and its officials. The FIR had allege...

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Resolution of Property Dispute Through Legal Validation and Evidence

A property dispute between M/s Honesty Land Developers and the defendants, where the appellants claim possession and ownership of certain plots in Aur...

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"Bombay High Court Upholds Tender Award for Waste Management Services: Minor Procedural Lapse Not Sufficient for Interference" "Public interest outweighs technical irregularities, as the court balances fairness and practicality in tender proceedings."

The writ petition challenging the award of a tender to Konark Infrastructure Ltd. for the daily sweeping, cleaning, and waste management services in ...

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Challenge Against Lokayukta’s Direction on Payment Dispute Quashed by Court. Lokayukta’s jurisdiction and natural justice questioned; Cooperative Society's resolution challenged; Civil courts left to decide inheritance rights.

The petition challenged the Lokayukta’s order dated 6 December 2019, directing the cooperative society (Respondent No.2) to withhold payments for su...

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Supreme Court Dismisses Appeal, Discharges Ex-CMD in Fraud Case Involving Electrotherm (India) Ltd. Supreme Court finds insufficient evidence against ex-CMD in Rs. 436 crore loan fraud; dismisses CBI's appeal while observing that suspicion alone does not justify charges.

The Supreme Court upheld the discharge of the former Chairman and Managing Director (CMD) of Central Bank of India (Accused No. 7) in a case involving...

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Employees Win Relief Against Post-Retirement Recovery of Alleged Overpayments. Bombay High Court halts post-retirement recovery efforts, citing lack of employee fault and absence of relevant undertakings.

The High Court ruled in favor of retired Zilla Parishad employees, halting recoveries for alleged excess payments due to revised pay scales. The Court...

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"High Court Allows Director's Fraud Allegation Against Loan Sanction to Proceed in Civil Court" "Commercial Court's rejection overturned as fraud claims bypass SARFAESI Act jurisdiction."

The petitioner, against the rejection of his plaint by the Commercial Court under Order 7 Rule 11 CPC on grounds of being barred by Section 34 of the ...

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"Adjudication Order Set Aside Due to Lack of Reasoning: Court Remands for Fresh Hearing" "High Court emphasizes the need for reasoned and speaking orders to uphold principles of natural justice."

The High Court set aside the adjudication order made by the Deputy Commissioner of State Tax on the grounds of failure to provide reasons and lack of ...