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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Bombay High Court at Goa Dismisses Review Petition in Partition Suit Impleadment...
Bombay High Court Acquits Accused in Corruption Case Due to Unreliable Trap Witn...

Search Results for "foreign entity"

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Supreme Court

Supreme Court Allows Appeals by Successful Resolution Applicant and Union Bank in DHFL Insolvency Case, Upholds Resolution Plan Modifications on Avoidance Applications and Confidentiality. The Court held that the NCLAT exceeded its jurisdiction by modifying the resolution plan approved by the CoC and NCLT regarding avoidance applications, and that the commercial wisdom of the CoC is not subject to judicial review except under Section 30(2) IBC.

1 Apr 2025

The Supreme Court disposed of a batch of appeals arising from the insolvency resolution of Dewan Housing Finance Corporation Limited (DHFL) under the ...

Supreme Court

Supreme Court Upholds Polluter Pays Principle in Tannery Pollution Case — Directs Comprehensive Compensation and Remediation for Environmental Degradation in Vellore District. The court affirmed that tanneries are strictly liable for ecological damage and health impacts, and the Loss of Ecology Authority's compensation assessment must be enforced with government backup liability.

13 Feb 2025

The Supreme Court of India delivered a landmark judgment addressing the severe environmental degradation caused by tannery industries in Vellore Distr...

Supreme Court

Supreme Court Allows Arbitration Petition and Refers Non-Signatory to Arbitration Under Group of Companies Doctrine. The Court held that the referral court under Section 11(6) of the Arbitration and Conciliation Act, 1996 must only examine the existence of an arbitration agreement on a prima facie basis, and the group of companies doctrine can bind a non-signatory to the arbitration agreement.

20 Sep 2024

The present petition was filed under Section 11(6) read with Section 11(9) of the Arbitration and Conciliation Act, 1996 seeking appointment of a Sole...

Supreme Court

Supreme Court Allows Appeal Against Arrest Under PML Act — Validity of Arrest Under Section 19 PML Act Must Be Examined by Trial Court at Remand Stage

12 Jul 2024

The Supreme Court heard an appeal by Arvind Kejriwal challenging his arrest by the Directorate of Enforcement (DoE) under Section 19 of the Prevention...

Supreme Court

Supreme Court Dismisses Appeal in Specific Performance Suit Under Specific Relief Act, 1963 - Collaboration Agreement Involving Continuous Obligations Barred from Specific Performance Under Section 14(1)(b). Injunction Granted to Restrain Marketing of Brand Products Till Agreement Expiry Date, with Termination Found Invalid.

18 Feb 2022

The dispute arose from a collaboration agreement dated 01.11.1994 between the Appellant, Universal Petro-Chemicals Ltd., and Respondent No.3, Aral Akt...

Supreme Court

Supreme Court Upholds Arbitral Award in Arbitration and Conciliation Act, 1996 Case Involving Breach of Settlement Deed. The Court held that the arbitration qualified as an international commercial arbitration under Section 2(1)(f) and that judicial interference under Section 34 was unwarranted, restoring the award of US$ 1.5 million as liquidated damages for breach of the Deed of Settlement dated 03.01.2011.

10 Nov 2021

The dispute arose from a soured business association between shareholders in Atlas Equifin Private Limited, India, which held shares in Multi Screen M...

High Court

High Court of Karnataka Quashes Condition Imposed by IDBI Bank in Debt Restructuring — Unilateral Imposition of Prepayment Premium Without Contractual Basis Held Arbitrary. Writ of Certiorari Granted Against Condition Requiring Payment of Prepayment Premium on Premature Repayment of Loan Under Master Restructuring Agreement.

27 Jun 2019

The petitioners, United Spirits Limited and USL Benefit Trust, filed writ petitions under Articles 226 and 227 of the Constitution of India challengin...

High Court

Bombay High Court Quashes Reassessment Order in Capital Gains Tax Case — Transfer of Shares of Foreign Company Not Taxable in India. Shares of a Bermuda company transferred outside India do not constitute transfer of a capital asset situated in India under Section 2(14) of the Income Tax Act, 1961.

18 Mar 2016

The petitioner, Techpac Holdings Ltd., a company incorporated in Bermuda, challenged an assessment order dated 25th March 2013 passed by the Deputy Co...

High Court

Bombay High Court Restrains Arbitration Against Non-Signatory Parent Company — No Arbitration Agreement Exists Between Plaintiff and Defendant No.1 Under Contract Between Subsidiary and Contractor. Court Holds That Absence of Privity of Contract and Definition of Parties in Arbitration Clause Preclude Binding Non-Signatory to Arbitration Under Section 45 of the Arbitration and Conciliation Act, 1996.

14 Sep 2012

The plaintiff, JSW ISPAT Steel Limited, filed a suit seeking a declaration that there is no arbitration agreement between it and defendant No.1, Jeumo...

Tribunals

NCLAT Dismisses Appeals Against Insolvency Resolution of Personal Guarantors Under IBC — Jurisdiction of Adjudicating Authority Upheld. The Tribunal held that the Adjudicating Authority has jurisdiction to entertain applications under Section 95 of the Insolvency and Bankruptcy Code, 2016 against personal guarantors residing abroad, and that the moratorium under Section 96 applies to all assets of the guarantor.

30 Nov -0001

The National Company Law Appellate Tribunal (NCLAT) at Chennai dismissed two appeals filed by Iqbal Jumabhoy and Hussain Somjee, personal guarantors o...

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