Search Results for "preferential transaction"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal of Claimant in Motor Accident Case — Functional Di...
Supreme Court Modifies Sentence in Forgery Case Due to Long Pendency and No Crim...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...

Search Results for "preferential transaction"

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Supreme Court

Supreme Court Allows Official Liquidator's Appeal in Property Tax Dispute — Municipal Corporation Cannot Claim Taxes After Winding Up Order Without Prior Adjudication. Held that property tax and water tax claims against company in liquidation are not 'taxes due' under Section 530(1)(a) of Companies Act, 1956 unless assessed and quantified before winding up.

4 May 2023

The case involves an appeal by the Official Liquidator of IISCO Ujjain Pipe and Foundry Company Limited (in liquidation) against a judgment of the Cal...

Supreme Court

Supreme Court Allows Appeal in Family Settlement Dispute — Upholds Validity of Pre-Emptive Right Clause. Clause requiring written concurrence of all co-sharers before sale to third party is valid and binding; High Court erred in holding it vague and void.

20 Aug 2019

The dispute arose from a family settlement dated 31.03.1982 among three brothers, including the appellant Tilak Raj Bakshi (plaintiff), the first defe...

High Court

Bombay High Court Allows Official Liquidator's Application for Sale of Company Assets in Winding-Up — Rejection of Higher Non-Compliant Offer Upheld. Court holds that strict compliance with earnest money deposit conditions is essential under Rule 272 of the Companies (Court) Rules, 1959, and the Official Liquidator's decision to accept a lower but compliant offer is valid.

1 Dec 2025

The case involves an application by the Official Liquidator seeking approval for the sale of assets of M/s. Navinon Ltd. (In Liquidation) to the appli...

High Court

High Court of Bombay at Aurangabad Allows Second Appeals in Part, Remands Suits for Fresh Consideration on Issue of Limitation and Entitlement to Interest in Recovery Suits by Small Scale Industrial Unit against State Corporation. The court held that the lower appellate court failed to properly consider the applicable articles of the Limitation Act and the entitlement to interest under the Interest Act.

30 Nov -0001

The appellant, Dattatray s/o Shankarrao Borgaonkar, proprietor of Shree Industries, a small scale industrial unit, filed three suits (Special Civil Su...

Supreme Court

Supreme Court Sets Aside Segregation of MLA&#039;s Trial in Communal Violence Cases - Appellant Appeal Allowed for Joint Trial with Co-Accused Under IPC Sections

12 Sep 2025

The Supreme Court allowed criminal appeals filed by Mamman Khan, a sitting MLA from Haryana, challenging the segregation of his trial from co-accused ...

High Court

Bombay High Court at Goa Quashes Tender Award to Non-Local Unit in Preferential Purchase Scheme Case. Court holds that State Government must follow its own preferential purchase policy for Small Scale Industrial Units and cannot ignore NOC requirement.

8 Sep 2016

The petitioners, Bharat Conductors Pvt. Ltd. and its authorised signatory Tarachand Bhandari, filed a writ petition before the Bombay High Court at Go...

Supreme Court

Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

29 May 2026

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

High Court

Bombay High Court Revokes Leave for Representative Suit in Tata Group Shareholder Dispute. Court holds that shareholders of different listed companies lack the same interest required under Order 1 Rule 8 CPC.

10 Jul 2017

The Plaintiffs, claiming to be shareholders of various listed companies of the Tata Group, filed a representative suit under Order 1 Rule 8 of the Cod...

Supreme Court

Supreme Court Holds Contemnors Guilty for Breach of Undertakings in Enforcement of Foreign Arbitral Award. Repeated assurances to court regarding protection of assets were violated by transferring shares, constituting civil contempt under Article 129 of the Constitution.

15 Nov 2019

The case arises from a dispute between Daiichi Sankyo Company Limited (the petitioner) and the respondents in Special Leave Petition (Civil) No.20417 ...

High Court

Bombay High Court Dismisses Writ Petition Challenging Settlement Commission Order Under Section 245D(4) of Income Tax Act — No Jurisdictional Error Found in Rejecting Settlement Application for Non-Disclosure of Full Income.

22 Feb 2012

The petitioner, Major Metals Ltd., filed a writ petition under Article 226 of the Constitution challenging an order dated 30 December 2010 passed by t...

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