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Bombay High Court Dismisses Writ Petition Challenging Auction Sale Under SARFAESI Act — Petitioner Failed to Deposit 25% of Sale Price. Condition Precedent Under Rule 9(3) of Security Interest (Enforcement) Rules, 2002 Not Fulfilled, and Alternative Remedy Under Section 17 of SARFAESI Act Available.

The petitioner, an individual aged about 70 years, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court c...

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Bombay High Court Considers Disqualification of Councillors Under Maharashtra Local Authority Members' Disqualification Act, 1986. Reference to Larger Bench Addresses Meaning of 'Aghadi' and 'Original Political Party' Post-Elections.

The writ petition arose from the disqualification of five councillors of Navapur Municipal Council under the Maharashtra Local Authority Members' Disq...

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High Court of Karnataka Quashes State Government's Order Directing University to Recover Salary Paid to Assistant Professor During Suspension Period. Recovery of Salary Without Providing Opportunity of Hearing Violates Principles of Natural Justice.

The petitioner, Dr. Basavaraj R. Bagade, an Assistant Professor at Rani Channamma University, Belagavi, filed a writ petition under Article 226 of the...

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High Court of Karnataka Dismisses University's Appeal Against Chancellor's Power to Appoint Inquiry Committee. Chancellor's power under Section 11(1) & (2) of Visvesvaraya Technological University Act, 1994 includes authority to appoint fact-finding committee to inquire into irregularities.

The Visvesvaraya Technological University, Belagavi, filed a writ appeal against an order of a learned Single Judge dated 27.02.2015 dismissing its wr...

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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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High Court of Karnataka Dismisses Writ Petition Challenging DRT Order in SARFAESI Act Matter — One Time Settlement Not Binding as Bank Did Not Accept Offer. Court Held That Mere Submission of OTS Proposal Does Not Create Binding Contract; Bank's Rejection Valid.

The petitioners, borrowers of the respondent bank, challenged the order dated 22.09.2022 passed by the Debt Recovery Tribunal-I, Bangalore in Diary No...