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Bombay High Court Quashes FIR Against Bank and Employees in Loan Dispute — Dispute Held Purely Civil, No Prima Facie Case of Cheating or Criminal Breach of Trust. Allegations of Forgery and Use of Forged Documents Also Not Made Out, FIR Quashed Under Section 482 CrPC.

The judgment arises from two writ petitions filed by ICICI Bank Ltd., its employees (Zarin Daruwala, Girish Nayak, Arati Ramakrishnan, Vipul Parmar, K...

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High Court Quashes Criminal Proceedings Against Accused No.2 in Cheating Case Due to Civil Nature of Dispute. Section 420 IPC read with Section 34 IPC not attracted as allegations primarily relate to breach of contract and civil liability.

The petitioner, Yennarkay R Rajaratnam, was accused No.2 in C.C.No.13283/2016 pending before the IX Additional Chief Metropolitan Magistrate, Bengalur...

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Supreme Court Hears Appeals Against Conviction Under Sections 302, 201, 34 IPC in Dismemberment Murder Case. Accused Challenge Life Imprisonment Contending Weak Circumstantial Evidence and Tutored Witnesses.

The case involved the brutal murder and dismemberment of Archideb Bhattacharjee in 2003 after he refused to pay an extortion demand of Rs.40,000 to th...

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Bombay High Court Dismisses Appeal Against Refusal to Set Aside Ex-Parte Decree in Specific Performance Suit — Appellants Failed to Show Sufficient Cause for Non-Appearance Despite Service of Summons.

The case arises from a suit for specific performance of a contract filed by the respondent/plaintiff against the appellants/defendants. The trial cour...

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NCLAT Dismisses Appeal Against Rejection of Section 7 Application for CIRP — Claimants Failed to Prove Debt and Default. The Tribunal held that the Appellants did not establish the existence of a financial debt or default, and the application was barred by limitation.

The present appeal was filed by Vistra ITCL (India) Limited, Pratiti Trading Private Limited, and Gajendra Investment Limited (Appellants) against the...

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Bombay High Court Dismisses Petitions Challenging AAIFR Order Rejecting Revival Scheme for Sick Company Under SICA. The court held that the AAIFR's findings on non-compliance and lack of feasibility were based on evidence and not perverse, thus no interference under Article 226 was warranted.

This group of writ petitions challenges a common order dated 28/5/2010 passed by the Appellate Authority for Industrial and Financial Reconstruction (...

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Bombay High Court Allows Insurance Appeal in Motor Accident Claim — Policy Exclusion for Non-Paid Driver Upheld. Insurer not liable for accident caused by driver not holding valid licence and not covered under policy terms.

The case involves a motor accident claim where the appellant, The Oriental Insurance Company Ltd., challenged the award of the Motor Accident Claims T...

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Supreme Court Hears Appeal Against High Court Remand in Arbitral Award Execution Dispute Concerning Compound Interest. Section 31(7) of Arbitration and Conciliation Act, 1996 Examined as Decree Holder Claimed Interest Upon Interest Over 21 Percent Simple Interest Awarded by Tribunal.

The dispute arose from the execution of an arbitral award dated 08.09.2019, which itself stemmed from a memorandum of understanding dated 09.04.2014 b...