Search Results for "disbursement"

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Search Results for "disbursement"

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Supreme Court

Supreme Court Dismisses Bank's Appeal in Insolvency Case — Holds Dispute Predominantly Contractual, Not a Straightforward Financial Debt Default Under IBC. The Court ruled that where loan disbursement is made directly to a builder under a quadripartite agreement and the corporate debtor's obligations are intertwined with the builder's performance, the transaction does not constitute a simple financial debt under Section 7 of the Insolvency and Bankruptcy Code, 2016.

7 May 2026

The Supreme Court dismissed the appeal filed by Dhanlaxmi Bank Limited against the order of the National Company Law Appellate Tribunal (NCLAT) which ...

High Court

Bombay High Court Dismisses Writ Petition Seeking Administrator Appointment for School Management in Absence of Statutory Violation. Petitioner fails to establish any breach of statutory provisions or government orders warranting appointment of administrator over educational society.

7 May 2026

The petitioner, Anantrao Laxmanrao Desale, filed a writ petition before the Bombay High Court at Aurangabad seeking directions to the State Government...

Supreme Court

Supreme Court Dismisses Appeal in Bank Employee Disciplinary Case, Upholding Post-Retirement Penalty Under Service Regulations. Reduction of Pay Penalty Valid as Service Regulations Permit Continuation of Disciplinary Proceedings Initiated Before Superannuation Under Regulation 20(3)(iii) of Punjab and Sind Bank Officers' Service Regulations, 1982.

19 Mar 2026

The appeal arose from disciplinary proceedings against a bank officer who superannuated while facing charges of irregularities in loan disbursement. T...

High Court

High Court Dismisses Appeal by Wipro Enterprises in Ex-Gratia Payment Dispute -- Upholds Money Decree Under Indian Contract Act, 1872 and CPC for Employee's Recovery Suit

23 Jan 2026

The High Court dismissed an appeal by Appellant against a money decree favoring Respondent for an ex-gratia payment of Rs. 6,32,000/- -- The responden...

High Court

Gujarat High Court Partly Allows Insurance Company's Appeal in Motor Accident Claim Due to Contributory Negligence of Deceased. Deceased motorcyclist found 50% negligent for riding without helmet and causing accident, reducing compensation by half.

22 Jan 2026

The case arises from a motor accident on 22.12.2015 where the deceased, Dahyabhai Umedsinh Parmar, was riding a motorcycle with two pillion riders whe...

High Court

Bombay High Court Sets Aside Family Court Order Disturbing Child Custody Based on Consent Without Welfare Inquiry. The court held that a custody order under Section 8 of the Guardians and Wards Act, 1890 cannot be passed solely on consent without considering the welfare of the child.

8 Dec 2016

The case involves an appeal by the father (Appellant 'A') against a Family Court order dated 15 July 2014 that disturbed the custody of his two minor ...

High Court

High Court of Bombay Upholds Compulsory Retirement of Bank Manager in Disciplinary Proceedings — Charges of Financial Irregularities and Lack of Integrity Proven. The Court held that the disciplinary authority's findings were based on evidence and the penalty of compulsory retirement was proportionate to the misconduct under the Bank of India Officer Employees' (Conduct) Regulations, 1976.

25 Oct 2016

The petitioner, R.M. Yadav, was a Branch Manager at Bank of India's Agardanda branch. In 2003, disciplinary proceedings were initiated against him bas...

High Court

Bombay High Court Upholds Compulsory Retirement of Bank Manager for Misconduct in Loan Sanctions. Disciplinary Proceedings Valid as Charges of Failing to Exercise Due Diligence and Integrity in Sanctioning Loans Were Established, and Penalty Not Disproportionate.

25 Oct 2016

The petitioner, R.M. Yadav, was a Branch Manager at Bank of India's Agardanda branch. In 2003, disciplinary proceedings were initiated against him for...

High Court

Bombay High Court Dismisses Writ Petitions Challenging MSME Facilitation Council Reference and Award — Held That Section 18 of MSMED Act, 2006 Does Not Require Prior Agreement for Reference and That Limitation Under Section 34 of Arbitration Act Applies to Setting Aside of Award.

30 Nov -0001

The judgment involves three writ petitions filed by Morarjee Textiles Ltd., its Head of Finance, and its Executive Director and Chairperson, challengi...

Tribunals

NCLAT Dismisses Appeals Challenging Admission of Section 7 Application by Allottees Against Corporate Debtor. The Tribunal upheld the NCLT order allowing impleadment of allottees and admitting the insolvency petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, as default was established.

30 Nov -0001

The judgment pertains to two appeals filed against an order dated 04.03.2024 passed by the National Company Law Tribunal (NCLT), New Delhi Principal B...

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