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High Court

Bombay High Court Dismisses Petition Challenging Board Resolution in Canara Bank Dispute — Upholds Validity of Board Resolution Passed with Majority. Court holds that board resolutions passed by majority are valid and binding, and that the court cannot interfere with commercial decisions of the board under Article 226 of the Constitution of India.

7 Oct 2025

The petitioner, M/s. Ray Projects Pvt. Ltd., filed a writ petition under Article 226 of the Constitution of India challenging a resolution passed by t...

High Court

Bombay High Court Dismisses Recall and Review Applications in Bank Loan Assignment Case — Consent Order Recorded on Minutes of Order Cannot Be Unilaterally Recalled. Assignment of Debt and Security by Co-operative Bank to Third Party Under OTS Upheld Despite Subsequent Objections by Liquidator and Suspended Director.

11 Mar 2025

The judgment concerns three applications seeking recall or review of an order dated 21 October 2022 passed by the Bombay High Court in Writ Petition N...

High Court

Bombay High Court Dismisses Writ Petition Challenging Rejection of Plaint in SARFAESI Act Dispute — Civil Suit Barred Under Section 34 of SARFAESI Act, 2002. Shareholder's Allegations of Fraud Do Not Override Statutory Bar When Secured Assets Are Involved.

15 Oct 2024

The petitioner, Shashikant Gangar, a shareholder and director of Libox Chem (India) Private Limited (respondent no. 2), filed a writ petition challeng...

High Court

High Court of Karnataka Quashes FIR in Family Property Dispute — Criminal Breach of Trust and Cheating Allegations Found to Be Civil in Nature. Dispute over sale of inherited property by co-owner does not constitute criminal offences under Sections 406 and 420 IPC as no criminal intent or deception established.

19 Jul 2024

The petitioners, Santosh B. Reddy and Smt. Vinaya B.N. Reddy, who are accused 1 and 2, filed a criminal petition under Section 482 of the Code of Crim...

High Court

Bombay High Court Rejects Second Bail Application in Economic Offence Case Due to No Change in Circumstances. Applicant's Role as Director in Fraudulent Transactions Upheld; Gravity of Offence Precludes Bail.

1 Feb 2024

The applicant, Waryam Singh Kartar Singh, filed a second bail application under Section 439 of the Code of Criminal Procedure, 1973, in connection wit...

High Court

Bombay High Court Allows Writ Petition Challenging De-empanelment of Advocate by Bank of Baroda Without Following Principles of Natural Justice. Show-Cause Notice Issued with Premeditation Violates Right to Fair Hearing Under Article 14 of Constitution of India.

3 Aug 2022

The petitioner, a registered legal practitioner since 1980 and empanelled with the Bank of Baroda for over 30 years, was de-empanelled by a communicat...

High Court

High Court of Karnataka Dismisses Writ Petitions Seeking Return of Title Documents and Quashing of Recall of Credit Facility Due to Availability of Alternative Remedy Under Arbitration Act. Petitioners failed to invoke arbitration clause despite existence of arbitration agreement, and writ petitions were not maintainable.

9 Jul 2020

The petitioners, Sri B.G. Anjanappa and M/s Aryan Hometec Pvt Ltd, filed two writ petitions before the High Court of Karnataka. In W.P. No.8164/2020, ...

Supreme Court

Supreme Court Allows Appeal in IBC Section 7 Case — NCLT Cannot Dismiss Petition Without Applying Mind to Merits. Adjudicating Authority Must Determine Default and Admit or Reject Petition Under Section 7, Not Direct Settlement Without Considering Individual Claims.

1 Jan 2020

The present appeal under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) arises from a judgment of the National Company Law Appellate Tri...

High Court

Bombay High Court Dismisses Winding Up Petitions Against Respondent — Disputed Debt and Bona Fide Defence Preclude Admission. The court held that a winding up petition under Sections 433 and 434 of the Companies Act, 1956 cannot be admitted when the debt is bona fide disputed and the company has a substantial defence, as the remedy is not for recovery of debt but for insolvency.

6 Jun 2017

The petitioner,  filed two winding up petitions under Sections 433 and 434 of the Companies Act, 1956 against Respondent., seeking winding up on ...

High Court

Bombay High Court Dismisses Revenue's Appeal in Income Tax TDS Case — Wheeling and Transmission Charges Not Rent Under Section 194I. Payments for Use of Transmission Lines Held Not Rent as No Transfer of Possession or Right to Use Occurs.

8 May 2015

The case involves an appeal by the Commissioner of Income Tax (TDS) against the order of the Income Tax Appellate Tribunal (ITAT) which held that whee...

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