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Bombay High Court Allows Writ Petition Challenging Rejection of Export Obligation Discharge for Supplies to SEZ Without Bill of Export. Policy Circular Relaxing Requirement for Supplies Prior to July 1, 2017 Applied; Balance Supplies Remanded for Fresh Consideration.

The petitioner, Phoenix Industries Limited, engaged in manufacturing and export of non-ferrous metal alloys, obtained an Advance Authorisation (AA) fo...

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Supreme Court Dismisses Appeal to Enforce English Summary Judgment in Guarantee Dispute — Foreign Judgment Held Unenforceable for Violating Principles of Natural Justice Under Section 13 CPC. Summary judgment passed after denying leave to defend is not conclusive and cannot be enforced in India.

The dispute arose from a Share Purchase and Co-operation Agreement (SPCA) executed on 12.05.1995 between (appellant, a foreign company) and (responden...

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Bombay High Court Dismisses Appeal Against Single Judge Order in Suit for Specific Performance and Injunction — Court Receiver Directed to Hand Over Possession to Plaintiff. Held that the Court Receiver's appointment was proper and the appeal lacked merit.

The appellants, who are partners of Crescent Builders, filed an appeal against an order of the learned Single Judge in Suit No.1512 of 2009. The Singl...

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Bombay High Court Allows Writ Petition Against Dissolution of State Wrestling Association by National Federation. Court holds that dissolution without notice and hearing violates principles of natural justice and the Trust's own bye-laws.

The petitioner, Maharashtra State Wrestling Association, a public charitable trust registered under the Bombay Public Trusts Act, 1950, challenged the...

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High Court of Bombay Considers Revision Against SEBI Special Court's Rejection of Discharge in SEBI Prosecution for Non-Payment of Penalty. Vicarious Liability of Directors Under Section 27 SEBI Act Questioned Due to Absence of Specific Averments in Complaint.

The matter arose from four Criminal Revision Applications filed before the High Court of Bombay challenging a common order of the SEBI Special Court t...