Search Results for "Section 166(5)"

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Arbitration Proceedings – Interim Relief – Failure to Issue Shares – Protection of Investment. High Court Granted Interim Relief Protecting Investment of Foreign Investor After Company Failed to Allot Shares Despite Utilizing Funds for Debt Clearance

Misappropriation of investment funds occurs not just by siphoning money but also by enjoying benefits of an investor’s funds without fulfilling corr...

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Arbitration – Liquidated Damages – Scope of Judicial Review under the Arbitration Act, 1940 – Interpretation of Contractual Terms – Performance Guarantees – Section 74 of the Indian Contract Act, 1872 – High Court’s Power to Set Aside Arbitral Awards.

The Supreme Court dismissed the appeal, upholding the High Court’s finding that the claim of ₹68.15 lakhs was speculative and beyond the contract...

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High Court of Karnataka Acquits Seven Accused in Murder Case Due to Lack of Credible Evidence and Unreliable Circumstantial Links. Conviction under Sections 302 and 201 IPC Set Aside as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

The case pertains to a criminal appeal filed by seven appellants against their conviction under Sections 302 and 201 IPC by the III Additional Distric...

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High Court of Karnataka Quashes Summoning Order Against Accused in Attempt to Murder Case Due to Lack of Prima Facie Evidence. Criminal conspiracy allegations under Section 120B IPC failed as no material showed meeting of minds between accused and main assailants.

The judgment pertains to two criminal petitions filed under Section 482 of the Code of Criminal Procedure, 1973 (Cr.P.C.) by accused Nos. 6 and 7 in C...

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Bombay High Court Acquits Three Accused in Attempt to Murder Case Due to Unreliable Identification and Lack of Corroboration. Conviction under Section 307 IPC read with Section 34 IPC set aside as sole eyewitness testimony was inconsistent and not supported by independent evidence.

The case involves three appeals filed by Darshan Harbans Singh, Jamin Sharafat Khan, and Jayesh @ Bachchi Jeetnarayan Singh against their conviction u...

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Bombay High Court Allows US National's Petition Against Expulsion Without Hearing. Court holds that an order under Section 3(2)(c) of the Passport (Entry into India) Act, 1920 requires compliance with natural justice.

The petitioner, Joshua Sadagursky, a US national, filed a writ petition under Article 226 of the Constitution of India challenging a notice dated 21st...

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Supreme Court Restores Compensation in Motor Accident Claim — Bus Driver's Negligence Established by Preponderance of Probabilities. Non-examination of Pillion Rider Not Fatal to Claim Under Motor Vehicles Act, 1988.

The case arises from a motor accident on 28 October 2011, when Sitaram, a senior government school teacher, was riding a motorcycle with a pillion rid...