Search Results for "Negative Lien Letter"

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High Court

High Court of Karnataka Allows Writ Appeal by State Bank of India Against Single Judge Order Directing Release of Title Deeds, Holding That Bank Has a Lien Over Deposited Title Deeds Under Section 171 of the Contract Act, 1872, and That the Borrowers Must Repay the Loan Before Seeking Return of Documents.

4 Apr 2025

The case involves a writ appeal filed by the State Bank of India (appellants) against an order of a Single Judge dated 20.06.2024 in W.P.No.201339/202...

High Court

Bombay High Court Quashes DRT/DRAT Orders Allowing Sale of Mortgaged Property Below Reserve Price — Unsecured Creditor Cannot Be Treated as Secured Creditor with Priority Over Mortgagee. The court held that treating an unsecured creditor as a secured creditor with priority over the mortgagee is a fundamental fallacy, and directed a fresh auction in accordance with law.

18 Mar 2024

The writ petition was filed by Assets Reconstruction Company (India) Ltd. (ARCIL), the beneficiary of a mortgage over Flat No. 61, Basant Apartment, M...

Supreme Court

Supreme Court Upholds Normalization Process in Police Recruitment — Equi-Percentile Method Valid for Multi-Session Exams. Standardized Equi-Percentile Method for Normalization of Marks Across Different Sessions of Written Examination Held Permissible Under Uttar Pradesh Sub Inspector and Inspector (Police) Service Rules, 2015.

7 Jan 2022

The case pertains to the recruitment process for 2400 posts of Sub-Inspector of Police, 210 posts of Platoon Commander (PAC), and 97 posts of Fire Off...

Supreme Court

Supreme Court Allows Appeal in Bond Redemption Dispute, Upholding Defendant's Compliance with RBI Directives. Interest on Delayed Payment Not Payable Due to Regulatory Embargo and Pending Liquidation Proceedings Under Companies Act, 1956.

3 Jan 2022

The dispute arose from a suit filed by M/s. SIBCO Investment Pvt Ltd against Small Industries Development Bank of India seeking interest on alleged be...

High Court

Bombay High Court Allows Appeal by Defendants in Property Dispute — Holds That Plaintif Failed to Establish Prima Facie Case for Injunction Restraining Sale of Flat. Court finds that the agreement for sale was not a concluded contract and the plaintif's claim for specifc performance was not maintainable.

18 Mar 2021

The present appeal arises from an interim order dated 28 January 2021 passed by the learned Single Judge in Interim Application (L) No. 196 of 2021 in...

High Court

Special Court at Bombay Allows Recovery Suit Against Notified Person Under Special Court Act, 1992 — Custodian's Claim for Notified Property Rejected Due to Lack of Evidence of Tainted Transaction. The court held that the suit for recovery of Rs. 6 Crores is maintainable and the Custodian failed to prove that the property is notified property under Section 3 of the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992.

31 Jan 2019

The plaintiffs, Smt. Jyoti H. Mehta, Shri Ashwin S. Mehta, and M/s. ZEST Holdings Pvt. Ltd., filed Special Court Suit No. 1 of 2017 before the Special...

High Court

High Court of Karnataka Decides Revenue's Wealth Tax Appeals Involving Definition of 'Assets'. The Appeals Challenge ITAT Orders Regarding Assessment Years 1999-2000 to 2004-05 under Section 2(ea) of Wealth Tax Act, 1957.

30 Aug 2018

The High Court of Karnataka heard a batch of Wealth Tax Appeals filed by the Revenue under Section 27-A of the Wealth Tax Act, 1957, against the order...

High Court

High Court of Judicature at Bombay Disposes Appeal Against Single Judge’s Order in Arbitration Petition Arising from Share Purchase and Development Agreements. The dispute concerned termination of agreements, escrow arrangements, and obligations for transfer of shares and development rights in Regency Hotels Private Limited.

22 Sep 2017

The appeal arises from a judgment and order of a learned Single Judge dated 24 April 2015 passed in Arbitration Petition No.846 of 2014. The dispute i...

High Court

Bombay High Court Dismisses Suit for Declaration of Trust and Accounts Against Bank in Palm Oil Import Dispute. Consent Decree in Prior Suit Bars Plaintiff from Claiming Sale Proceeds as Trust Property.

12 Mar 2015

The plaintiffs, Bajranglal Anilkumar Jaju and Hitesh Anilkumar Jaju, filed Suit No. 824 of 1980 against The Vyasya Bank Ltd. seeking a declaration tha...

High Court

High Court of Karnataka Acquits Appellants in CBI Corruption Case Due to Lack of Evidence. Conviction for Criminal Conspiracy, Cheating, Forgery, and Corruption Set Aside as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

18 Jun 2013

The case involves two criminal appeals filed by the appellants against their conviction by the XXI Additional City Civil and Sessions Judge and Specia...

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