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Bombay High Court Dismisses Petition Challenging Arbitral Award in Share Purchase Agreement Dispute. Court upholds award of damages for breach of contract, finding no patent illegality or conflict with public policy under Section 34 of the Arbitration and Conciliation Act, 1996.

The petitioner, Sonoma Management Partners Pvt. Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an ...

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Bombay High Court Allows Petitioners' Claim for Rental Compensation in Land Acquisition Case. Petitioners Entitled to Rental Compensation Under Government Resolutions for Possession Taken Before Acquisition Proceedings.

The petitioners, including The Ichalkaranji Cooperative Spinning Mills Ltd. and Sou. Kishori P. Awade and others, filed writ petitions challenging a l...

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High Court Dismisses Appeal Against Winding-Up Order in Bond Default Case; Upholds Adverse Remarks Against Directors for Fund Diversion. Company Found Unable to Pay Debts and Substratum Lost, Justifying Winding Up Under Sections 433(e) and 433(f) of Companies Act, 1956.

The appeal arose from a winding-up order passed by the learned company Judge against Zenith Infotech Limited (the appellant) in a petition filed by Th...