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Bombay High Court Dismisses Guarantor's Appeal in Bank Recovery Suit — Guarantee Not Limited to Three Years, Liability Joint and Several. The court held that the guarantor failed to prove the alleged limitation of three years and is jointly and severally liable under the Indian Contract Act, 1872.

The case involves a first appeal filed by Padmakar Krushnarao Bhagwatkar, who was the guarantor/defendant No.2 in a suit filed by the State Bank of In...

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Supreme Court Upholds Validity of States Reorganisation Act, 1956: Formation of Composite Bombay State Without Fresh Reference to State Legislature Upheld. Modification of Bill by Parliament Does Not Require Second Reference Under Proviso to Article 3 of the Constitution of India.

The case arose from a challenge to the constitutional validity of the States Reorganisation Act, 1956. Following the report of the States Reorganisati...