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High Court of Karnataka Considers Application Under Section 434 Companies Act Seeking Transfer of Winding-Up Petition to NCLT. Applicant Argues No Irreversible Steps Taken, Citing Supreme Court Precedent.

The matter arose from a Company Petition filed in 2010 seeking winding up of Broadcast Infratel India Private Limited on grounds of unpaid admitted de...

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Supreme Court Allows IDBI Bank's Appeal in Winding Up Case — Revival of Winding Up Proceedings Set Aside and Sale Deed Directed to Be Executed. Agreement to Sell Not Fraudulent Preference Under Section 531 of Companies Act, 1956 as Executed Beyond Six-Month Period and Bona Fide.

The Supreme Court considered two appeals by IDBI Bank (erstwhile United Western Bank) against judgments of the Madras High Court relating to the windi...

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Bombay High Court Partly Allows Acquiring Body's Appeal in Land Acquisition Compensation Case Due to Lack of Evidence for Enhanced Market Value. Claimants Failed to Prove Market Value Through Comparable Sales or Reliable Expert Evidence, Resulting in Restoration of Original Compensation.

The appeal was filed by the Vidarbha Irrigation Development Corporation under Section 54 of the Land Acquisition Act, 1894, challenging the enhancemen...

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Karnataka High Court Sets Aside Order Allowing Amendment in Final Decree Proceeding — Amendment Sought After Final Decree Drawn Up Held Impermissible. Order VI Rule 17 CPC cannot be invoked to change the case after final decree is concluded.

The petitioners, Mrs. Aysha and S. Mohammed Iqbal, filed a writ petition under Article 227 of the Constitution of India challenging an order dated 20....

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Bombay High Court Dismisses Claim for Enhanced Compensation in Land Acquisition Reference for Municipal Market and Housing. Claimant failed to prove inadequacy of compensation awarded by SLAO under Section 18 of Land Acquisition Act, 1894.

The case is a Land Acquisition Reference under Section 18 of the Land Acquisition Act, 1894, filed by the claimant, Pundalik Raghunath Mahulkar, seeki...

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High Court of Bombay at Goa Allows Appeal in Land Acquisition Case — Market Value Enhanced to Rs.66 per Square Metre for Konkan Railway Project. Comparable Sale Deeds of Nearby Land at Rs.64 and Rs.66 per Square Metre Form Basis for Valuation Under Section 23 of Land Acquisition Act, 1894.

The case arises from the acquisition of 23,900 square metres of land belonging to the appellant, Smt. Shrimati Vishwanath Acharya (since deceased, rep...

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Bombay High Court Partially Allows Appeal in Land Acquisition Compensation Case — Enhancement from Rs.10,000 to Rs.25,000 per Hectare. Potentiality of Land for Residential Use Considered Under Land Acquisition Act, 1894.

The case pertains to an appeal filed by Kamalkishor Mundhada against the State of Maharashtra and the Sub-Divisional Officer, challenging the compensa...

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Bombay High Court Dismisses VIDC Appeals in Land Acquisition Compensation Cases, Enhances Compensation for Claimants. Court applies multiplier method based on potential yield and market value, rejecting belated objections to valuation.

The case involves multiple first appeals filed by Vidarbha Irrigation Development Corporation (VIDC) against the judgment of the Reference Court enhan...