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Bombay High Court Quashes Process in NI Act Complaint Due to Bar Under SICA Section 22A. Proceedings under Section 138 of Negotiable Instruments Act, 1881 cannot continue against a sick company without BIFR consent.

The petitioners, a company and its directors, challenged the order dated 20.04.2018 passed by the 25th Joint Civil Judge (Junior Division) and Judicia...

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Supreme Court Upholds Bombay High Court's Decision on Stamp Duty Refund for National Organic Chemical India Ltd. Maximum Cap on Stamp Duty a One-Time Payment, Rules Apex Court.

The Supreme Court dismissed the appeal filed by the State of Maharashtra, upholding the Bombay High Court's decision that granted National Organic Che...

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Karnataka High Court Adjudicates Writ Petition Challenging Transfer Order of Workman for Alleged Violation of Certified Standing Orders. Petition Raises Question Whether Inter-Unit Transfer is Permissible Under Standing Order Clause 7 and Industrial Employment (Standing Orders) Act, 1946.

The petitioners, a Junior Section Officer employee (first petitioner) and a registered Trade Union (second petitioner), challenged an inter-unit trans...

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Bombay High Court Hears Writ Petition Challenging Defamation Process in Companies Act Special Notice Case. The Dispute Involves Allegations Made in a Statutory Notice Under the Companies Act, 2013.

Background: The present writ petition arose from a criminal defamation complaint filed by Respondent No.2, Nusli Neville Wadia, against the petitioner...

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High Court of Karnataka Quashes Criminal Proceedings in NI Act Case Due to Company Having Been Dissolved Prior to Issuance of Cheque. Director Not Held Liable Under Section 138 of Negotiable Instruments Act, 1881 as Company Struck Off Under Companies Act, 1956.

Background: The petitioner, a director of Giga Networks Private Limited, approached the High Court under Section 482 of the Code of Criminal Procedure...