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High Court Allows Transfer of Winding-Up Proceedings to NCLT Under Companies Act Section 434(1)(c) - Applicant Successfully Seeks Transfer for Corporate Insolvency Resolution Under IBC

The Bombay High Court allowed the transfer of winding-up proceedings against Patheja Forgings & Auto Parts Manufacturing Ltd. to the National Comp...

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Supreme Court Dismisses Appeal in Cooperative Society Redevelopment Case on Jurisdiction and Limitation Grounds. Civil Court Maintainability Upheld Under Section 91 of Maharashtra Cooperative Societies Act, 1960, and Suit Found Within Limitation with Possible Section 14 Benefit.

The dispute arose from a redevelopment project involving a Cooperative Society registered under the Maharashtra Cooperative Societies Act, 1960. The r...

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Bombay High Court Allows Declaration of Lapsed Reservation Under Section 127 MRTP Act for Land Reserved for Road, Playground, and Primary School. Purchase Notice Served After 10 Years, No Acquisition Within Statutory Period, Reservation Deemed Lapsed.

The petitioners, owners of land bearing Nazul Sheet No. 8A, Plot No. 2/1-36, total area 6240 sq. meters at Village Khel Khasa (Bk), Tah. Jalgaon Jamod...

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Supreme Court Allows Lucknow Development Authority's Appeal in Land Acquisition Lapse Case — Possession Taken Prior to 2013 Act Precludes Deemed Lapse Under Section 24(2). Twin Conditions of Non-Possession and Non-Payment Must Be Satisfied for Lapse; Possession Taken in 2003 Vests Land in State.

The case involves an appeal by the Lucknow Development Authority against the judgment of the Allahabad High Court (Lucknow Bench) dated 03.07.2017, wh...

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Supreme Court Allows Appeal in Displaced Persons Property Dispute, Directs Payment of Modified Compensation. The Court set aside the Division Bench order and directed sale of property at a reduced amount considering the original price and increased land value.

The appeal arose from a dispute concerning the transfer of property to a displaced person under the Displaced Persons (Compensation & Rehabilitation) ...

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Supreme Court Dismisses NOIDA's Appeals Against Quashing of Land Acquisition Notifications and Compensation Direction. Acquisition Notifications Quashed Due to Illegal Dispensation of Section 5A Inquiry Under Section 17 of Land Acquisition Act, 1894.

The Supreme Court dismissed appeals by New Okhla Industrial Development Authority (NOIDA) against the Allahabad High Court's judgment quashing land ac...

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Bombay High Court Grants Interim Injunction in Arbitration Dispute Over Saleable FSI and Possession of Property. Court restrains respondents from alienating saleable FSI and disturbing possession pending arbitration under Section 9 of the Arbitration and Conciliation Act, 1996.

The petitioners, Atul Resorts and Hospitality India Pvt. Ltd. and Atul Projects India Ltd., filed two arbitration petitions under Section 9 of the Arb...

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High Court of Bombay at Nagpur Allows Revision Application by Bank in SARFAESI Act Jurisdiction Dispute — Civil Court Suit Barred Under Section 34 of SARFAESI Act, 2002. Allegations of Fraud Must Be Specific and Supported by Material to Bypass Statutory Remedy Before Debt Recovery Tribunal.

The case involves a civil revision application filed by Punjab National Bank (original defendant) against an order of the District Judge, Chandrapur, ...