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Bombay High Court Declares Payments Made by Company in Liquidation Void Under Section 536(2) of Companies Act, 1956 and Orders Refund. Payments made after winding up order to caterer without court approval are void, and the caterer must repay with interest.

The Official Liquidator of M/s. GOL Offshore Limited (in liquidation) filed OLR No. 139 of 2018 under Section 536(2) of the Companies Act, 1956, seeki...

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Bombay High Court Allows Debenture Trustee's Claim for Payment from Suit Amount Held by Court Receiver in Priority Over Assignee of Decree. The court held that an assignee of a decree steps into the shoes of the assignor and cannot claim priority over the original decree holder who is a debenture trustee.

The dispute arose from a suit filed by ICICI Bank Ltd. (plaintiff) as debenture trustee for holders of 15% non-convertible debentures issued by Pal Pe...

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Bombay High Court at Goa Upholds Eviction of Tenant for Wilful Default in Rent Payment Despite Prior Condonation Under Section 22(3) of Goa Rent Control Act. Tenant's repeated default and failure to pay rent for 14 months justifies eviction, and benefit under Section 22(3) cannot be claimed more than once.

The case involves a dispute between landlords (respondents) and a tenant (petitioner) over eviction from suit premises let out in January 1966 for a r...