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Bombay High Court Allows Resolution Professional to Continue CIRP Under IBC Despite Pending Winding-Up Petition Under Companies Act, 1956. Leave under Section 446 of Companies Act, 1956 granted to proceed with Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016.

The judgment concerns Company Application No. 10 of 2017 filed by the Resolution Professional of Murli Industries Limited (the corporate debtor) under...

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WRIT PETITION NO. 73 OF 2015

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Bombay High Court Dismisses Section 9 Arbitration Petition and Winding Up Petition Against Corporate Debtor — No Prima Facie Case for Interim Relief or Insolvency as CDR Scheme Was Under Consideration and Debt Was Not Clearly Due.

The petitioner, Tata Capital Financial Services Ltd., a non-banking financial company, granted a term loan of Rs. 50 crores to the first respondent, U...

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Supreme Court Allows Appeal in Ceiling Act Case — Gift Deed Valid Despite Lack of Express Acceptance. Transfer of Property Act, 1882 Sections 122 and 123 do not require express acceptance; implied acceptance from circumstances suffices for a valid gift between father and son.

The present appeal arises from a land ceiling dispute in Rajasthan. Daulat Singh (since deceased, represented by legal heirs) was the owner of 254.2 B...

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Bombay High Court Dismisses Petitioner's Challenge to NCTE's Refusal to Grant Recognition to D.Ed. College. Recognition Denied Due to Lack of Valid No Objection Certificate from State Government and Failure to Meet Norms Under Section 14(2) of National Council for Teacher Education Act, 1993.

The petitioner, M/s. Dhananjay Samaj Seva Sanstha, through its President, filed a writ petition under Article 226 of the Constitution before the Bomba...

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High Court of Bombay at Goa Dismisses Petition Challenging MBBS Seat Allotment Based on NEET Scores — No Right to Claim Admission Beyond Published Merit List. Petitioners, who were not in the merit list, had no vested right to challenge allotment to other candidates.

The petitioners, Kum. Pujal V. Nayak and Kum. Annabelle Melanie Gomes, filed a writ petition before the High Court of Bombay at Goa challenging the al...

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Bombay High Court Allows Students to Appear for M.Pharm Examination Despite Delay in B.Pharm Revaluation Result. University's Failure to Declare Revaluation Result Within Stipulated Time Cannot Deprive Students of Right to Pursue Higher Education.

The petitioners, Sneha Fulchand Hargude and Bharat Gopal Murarka, were students who appeared for the B.Pharm Final Examination in Summer 2015 but were...