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NCLAT Dismisses Appeal Against Rejection of CIRP Petition Due to Settlement Agreement - Mediated Settlement Bars Insolvency Proceedings Under Section 61 of IBC, 2016

The appeal was filed by Mr. Rakesh Kumar Jain, a financial creditor, under Section 61 of the Insolvency and Bankruptcy Code, 2016, against an order da...

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Bombay High Court Allows Petition of Employer in Industrial Dispute Settlement Case — Settlement Binding on All Workmen. Settlement under Section 18(3) read with Section 12(3) of Industrial Disputes Act, 1947 is binding on all workmen in the establishment, and Industrial Tribunal cannot ignore it.

The Petitioner, Novartis India Ltd., a company incorporated under the Companies Act, 1956, employed Medical Representatives in its Pharmaceutical Divi...

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Bombay High Court Allows Employer's Writ Petition Challenging Rejection of Preliminary Objection in Industrial Dispute - Settlement Bars Reference. The Court held that the existence of a binding settlement must be decided as a preliminary issue before proceeding with the main matter.

The petitioner, Siemens Ltd., an employer, challenged an order dated 26.10.2009 passed by the Industrial Tribunal, Thane, which rejected its applicati...

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Bombay High Court Dismisses Revenue's Challenge to Settlement Commission Order in Bogus Purchases Case — No Jurisdictional Error Found. Settlement Commission's Discretion to Accept Additional Income Disclosure Under Section 245D of Income Tax Act, 1961 Upheld as Not Perverse or Unreasonable.

The Revenue (Commissioner of Income Tax, Pune) filed a writ petition under Article 226 of the Constitution challenging an order dated 21 September 201...

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Madras High Court Allows Second Appeal in Property Dispute — Settlement Deed Set Aside for Fraud and Misrepresentation. Continuous Possession and Revenue Records Support Plaintiff's Claim Over Sister's Alleged Fraudulent Deed.

The case involves a property dispute between two sisters, Mahalakshmi (original plaintiff, now deceased) and Rajeswari (first defendant). The suit pro...

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Karnataka High Court Allows Land Owners’ Appeal, Remands Land Acquisition Reference for Fresh Consideration. Settlement Validity Must Be Examined Under KUDA Act and CPC, Prior Government Approval Necessary for Consent Award.

The appellants were owners of lands bearing Survey Nos.304/2A and 304/2B, measuring 11 acres 24 guntas, situated at Mahalbagayat, Vijayapura. The land...