Search Results for "Saraswat Bank"

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Search Results for "Saraswat Bank"

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High Court

Bombay High Court Directs State to Issue Circular for Expeditious Disposal of Section 14 Applications Under SARFAESI Act; District Magistrates Ordered to Clear Pending Matters Within Two Months. The Court Reiterated Limited Scope of Enquiry Under Section 14 and Mandated Strict Timelines to Prevent Frustration of Securitization Act's Purpose.

30 Aug 2011

The writ petition was filed by Housing Development Finance Corporation Limited (HDFC), a financial institution under the Securitization and Reconstruc...

High Court

Bombay High Court Allows Co-operative Bank's Tax Appeals on TDS Exemption for Interest Paid to Members Under Section 194A(3)(v) of Income Tax Act, 1961 — Prospective Amendment Effective from 1st June, 2015 Clarifies Exemption Not Applicable to Time Deposits.

7 Mar 2017

The appellant, Saraswat Co-operative Bank Ltd., filed tax appeals against orders of the Income Tax Appellate Tribunal (ITAT) for assessment years 2010...

High Court

Bombay High Court Allows Writ Petition Against Bank's Illegal Dispossession of Auction Purchaser. Petitioner Purchased Flat in 2017 Auction by SBI, but Was Forcibly Evicted by Saraswat Bank in 2025 Without Due Process.

30 Jun 2026

The petitioners, Mariyam Rangwala and another, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court at Bo...

High Court

Bombay High Court Quashes Attachment Order in Arbitration Under Multi-State Co-operative Societies Act, 2002 — Arbitrator Lacks Power to Attach Non-Mortgaged Property Before Award. The court held that Section 96 of the Act must be read with Section 84, limiting attachment to property mortgaged to the society.

24 Aug 2005

The Saraswat Co-operative Bank Ltd. initiated arbitration proceedings under Section 84 of the Multi-State Co-operative Societies Act, 2002 against M/s...

High Court

Bombay High Court Adjudicates Petitions Challenging RBI and Central Government Actions Under Banking Regulation Act, 1949; Interim Stay Granted Against Amalgamation. Court Finds Prima Facie Haste and Lack of Propriety in Decision-Making Process Leading to Status Quo Ante Restoration.

5 Apr 2006

The matter involved two writ petitions before the Bombay High Court challenging actions taken by the Reserve Bank of India (RBI) and the Central Gover...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Cooperative Bank Loan Recovery Case. Court upholds award under Section 34 of Arbitration and Conciliation Act, 1996 and Section 84 of Multi-State Cooperative Societies Act, 2002, finding no grounds for interference.

29 Jan 2013

The petitioners, Vedansh Hospitality and Resorts Limited and two individuals, were original respondents in an arbitration proceeding initiated by New ...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award Under Section 34 of Arbitration Act — Assignment of Debt Does Not Include Right to Challenge Award. Multi State Cooperative Societies Act, 2002 Section 84 Arbitration Award Upheld as Claim Was Not Time-Barred and Arbitrator Had Jurisdiction.

10 Jun 2013

The petitioner, Sicom Limited, as assignee of the rights of The Shamrao Vithal Cooperative Bank Limited under an Assignment Deed dated 31 March 2010, ...

High Court

Bombay High Court Partially Allows Challenges to Arbitral Award in Co-operative Bank Dispute — Upholds Liability of Guarantor but Sets Aside Interest Rate and Costs. The court held that the arbitrator exceeded jurisdiction by awarding interest at 24% per annum and costs without agreement, but upheld the principal liability under the guarantee.

27 Jan 2017

The judgment concerns two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award da...

High Court

Bombay High Court Partially Allows Challenges to Arbitral Award in Co-operative Bank Dispute — Upholds Liability of Guarantor but Sets Aside Interest Rate. The court held that the arbitrator exceeded jurisdiction by awarding interest at 24% per annum with quarterly rests, which was contrary to the contractual rate of 16.5% per annum, and that the award of costs was without reasons.

27 Jan 2017

The judgment concerns two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award da...

High Court

Bombay High Court Dismisses Writ Petition Challenging Conditional Attachment Order in Co-operative Bank Dispute. Arbitrator's Power Under Section 84 of Multi-State Co-operative Societies Act, 2002 Includes Power to Pass Conditional Attachment Orders.

24 Jun 2014

The petitioners, Rohan M. Kapoor and others, challenged an order dated 10.01.2011 passed by an arbitrator appointed by the Central Registrar under Sec...

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