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Supreme Court Dismisses MSME Appeals Holding Restructuring Notification Directory. Banks/NBFCs Not Obliged to Restructure MSME Accounts Suo Moto Under Section 9 MSMED Act Before SARFAESI Action.

The Supreme Court dismissed a batch of appeals filed by MSMEs challenging the Bombay High Court's order that Banks/NBFCs are not obliged to adopt the ...

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Bombay High Court Dismisses Section 37 Petition Challenging Arbitrator's Order Terminating Arbitration for Lack of Arbitration Agreement. Developer Fails to Prove Existence of Arbitration Clause in Development Agreement with Cooperative Housing Society.

The petitioner, M/s. Panama Builders & Developers Pvt. Ltd., filed a petition under Section 37 of the Arbitration and Conciliation Act, 1996, challeng...

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Supreme Court Dismisses Appeal of 100% EOU in Customs Duty Case for Unauthorized DTA Sales of Cut Flowers. Cut Flowers Held Non-Excisable, Duty Leviable on Inputs Under Notification No. 126/94-Cus as Amended, Extended Limitation Period Invoked for Wilful Suppression.

The appeal arises from a dispute between M/s. L.R. Brothers Indo Flora Ltd., a 100% Export Oriented Unit (EOU) engaged in floriculture, and the Commis...

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Karnataka High Court Dismisses Writ Appeal Against Transfer Order as Premature — Transfer Order Not Yet Implemented, No Cause of Action Arises. The court held that a challenge to a transfer order is not maintainable until the order is given effect to, as no cause of action arises before implementation.

The appellant, Alla Saheb, was working as Executive Engineer in the District Urban Development Cell, Vijayapura since 6.3.2014. On 18.8.2016, the Stat...

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Bombay High Court Quashes Standing Committee Election in Sangli Municipal Corporation Due to Invalid Nomination Process. Single Nomination for Mayor's Post Invalidates Election of Standing Committee Members Under Maharashtra Municipal Corporations Act, 1949.

The petitioner, a councillor of the Sangli-Miraj & Kupwad Municipal Corporation, challenged the election of the Standing Committee held on 31.8.2012. ...

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Bombay High Court Quashes Dissolution of Gram Panchayat for Non-Compliance with Section 145(1) of Bombay Village Panchayats Act, 1958 — Failure to Provide Show Cause Notice and Opportunity of Hearing Renders Order Illegal.

The petitioners, three elected members of Gram Panchayat Morane, challenged the order dated 15th October 2010 passed by the Divisional Commissioner, N...