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Bombay High Court Dismisses Petition Challenging Tender Extension in HPCL LPG Cylinder Procurement. Court upholds HPCL's decision to extend contract without re-tendering, finding no arbitrariness or violation of Article 14.

The petitioners, Perfect Alloys and Steel Limited and another, challenged the tender conditions in a Notice Inviting Tender (NIT) dated November 8, 20...

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Supreme Court Sets Aside Bail Granted by High Court in SFIO Case Involving Massive Corporate Fraud. Twin Conditions Under Section 212(6)(ii) of Companies Act, 2013 Must Be Satisfied Before Granting Bail for Offences Under Section 447.

The Serious Fraud Investigation Office (SFIO) appealed against the grant of bail to Nittin Johari, the former Chief Financial Officer and Whole Time D...

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Bombay High Court Allows Appeal Against Conversion Date in Execution of Foreign Currency Decrees Under Section 44-A CPC. Relevant Date for Conversion Held to Be Date of Foreign Decree, Not Date of Enforceability After Removal of Stay.

The appeals arose from execution proceedings to enforce foreign costs decrees obtained by the respondents (Ananda Bazar Patrika Limited and Aveek Sark...

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Bombay High Court Upholds Constitutional Validity of MVAT Provisions on Input Tax Credit Reversal for Capital Goods Sold as Scrap. Section 48(5) of MVAT Act, 2002 and Rule 58A of MVAT Rules, 2005 held intra vires the Constitution and not ultra vires the parent Act.

The judgment concerns a batch of writ petitions filed by various companies challenging the constitutional validity of Section 48(5) of the Maharashtra...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Contractual Dispute Over Withheld Payments. Court upholds award directing release of Rs. 2,66,48,000 with 8% interest, finding no patent illegality or perversity under Section 34 of the Arbitration and Conciliation Act, 1996.

The petitioner, Hindustan Petroleum Corporation Ltd., challenged an arbitral award dated 2 March 2009 passed by a sole arbitrator under Section 34 of ...

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Bombay High Court Dismisses Petition by Maharashtra Industrial Development Corporation Challenging Reinstatement Order. Employer-Employee Relationship Established Despite Contractor System, Termination Held Unfair Labour Practice Under MRTU & PULP Act.

The petitioner, Maharashtra Industrial Development Corporation, challenged the order of the Industrial Court dated 17/9/1999, which reversed the Labou...