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Supreme Court Allows Appeal in IBC Section 7 Application — Cumulative Redeemable Preference Shares Held as Debt, Not Investment. The Court held that CRPS constitute a debt under Section 3(11) of IBC, 2016, and the appellant is a financial creditor entitled to file an application under Section 7.

The appeal arises from the dismissal of the appellant's application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the NCLT and ...

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Bombay High Court at Goa Dismisses Appeals of Occupants Challenging Eviction from Comunidade Land — Appellants Failed to Prove Title or Authorisation, Eviction Upheld Under Order 12 Rule 6 CPC and Section 38 Specific Relief Act, 1963.

The case involves five first appeals filed by Ayub Khan, Khurshida Ahmad, Salim Sandhi, Mehmood A. Ansari, and Dadapir Lohar against the State of Goa,...

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Supreme Court Dismisses HUDA's Appeal in Plot Allotment Additional Price Demand Case. Demand for Additional Price Not Permissible Under Allotment Conditions as There Was No Enhancement in Land Cost by Competent Authority Under Land Acquisition Act.

The case involves a dispute between Haryana Urban Development Authority (HUDA) and an allottee, Jagdeep Singh, regarding the demand of additional pric...

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Supreme Court Disposes of Appeal in Property Dispute, Directs Status Quo Pending Civil Suit. Unilateral Cancellation of Registered Sale Deed Held Subject to Adjudication by Competent Civil Court.

The case involves a property dispute where the appellants claimed to have purchased land measuring Acs.3.46 cents from respondent Nos.1 to 4 through a...

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Bombay High Court Dismisses Second Appeals by Developer in Possession Suits — Concurrent Findings of Fact Cannot Be Reopened Under Section 100 CPC. Suits for possession based on title and prior possession were decreed; no substantial question of law arose.

The appellant, M/s. Samruddhi Developers, a partnership firm, filed four second appeals under Section 100 of the Code of Civil Procedure, 1908, challe...

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High Court of Karnataka Dismisses Review Petitions in Urban Land Ceiling Case — No Error Apparent on Record Found. Review petitions under Order 47 Rule 1 CPC seeking review of order dated 17/06/2016 in WP Nos.54609-54610/2014(ULC) dismissed as no error apparent on record.

The review petitions were filed by M/s Vivekananda Foundation (R), claiming to be the allottee of a portion of land in Sy.Nos.81 and 82 of Kasaba Hobl...

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Bombay High Court Allows Writ Petition Against MIDC for Unilateral Rescission of Land Allotment — MIDC's Action Held Arbitrary and Violative of Natural Justice. Concluded Contract Exists Upon Acceptance of Consideration, Entitling Petitioner to Specific Performance.

The petitioners, Kamlakar Bhimrao Patil and Terrafirm Softtech Private Limited (formerly Everest Realtors Pvt. Ltd.), filed a writ petition under Arti...

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Bombay High Court Quashes Cancellation of Plot Allotment and Forfeiture of Earnest Money by MIDC for Violation of Natural Justice. Allotment Cancelled Without Show Cause Notice Held Illegal Under Terms of Allotment Letter and Principles of Natural Justice.

The petitioner, M/s. Magma Agro Products Pvt. Ltd., a registered private limited company engaged in manufacturing agro-based products, applied to the ...