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Bombay High Court Allows State Appeals Against Acquittal in Corruption Cases Under Prevention of Corruption Act, 1988 — Trial Court's Acquittal Set Aside Due to Flawed Appreciation of Evidence and Misapplication of Law.

The judgment involves multiple criminal appeals and revision applications arising from the acquittal of government officials charged under the Prevent...

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Bombay High Court Dismisses Winding Up Petition Under Section 433(e) of Companies Act, 1956 for Debt Disputed in Good Faith. Petition Filed to Exert Pressure for Unreasonable Demands, Not for Recovery of Genuine Debt.

The petitioner, Fomento Resorts And Hotels Ltd., filed a winding up petition under Section 433(e) of the Companies Act, 1956 against the respondent, G...

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Bombay High Court Quashes Bank's Wilful Defaulter Declaration for Violating Natural Justice. Show-cause notice lacking specific grounds renders the decision invalid under RBI Master Circular on Wilful Defaulters.

The petitioners, Nitin Shah, Rahul Shah, and Kunal Shah, who were directors of Nitin Fire Protection Industries Ltd. (the corporate debtor under CIRP)...

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Supreme Court Dismisses Appeal in Electricity Regulatory Dispute Over Tariff Determination. Appellate Tribunal and Regulatory Commission Orders Upheld as Power Purchase Agreements Were Properly Interpreted Under Section 63 of Electricity Act, 2003 and Statutory Guidelines.

The Supreme Court considered an appeal challenging the judgment and order dated 30th June 2021 passed by the Appellate Tribunal for Electricity, which...

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Bombay High Court Quashes Pre-Qualification Criteria in Mining Tender for Being Arbitrary and Unreasonable. Condition requiring prior experience in coal washery operation within a specified region held to be discriminatory and violative of Article 14 of the Constitution.

The petitioner, Bhatia Coal Washeries Ltd., challenged the pre-qualification criteria of Tender No. MSMC/MINING/2019/07 dated 16-8-2019 issued by the ...

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Bombay High Court Quashes Section 143(2) Notice Issued Beyond Time Limit in Income Tax Reassessment — Notice Issued After Expiry of Statutory Period Under Section 149 of Income Tax Act, 1961 Is Invalid.

The petitioner, AMNS Khopoli Limited (formerly Uttam Galva Steels Limited), challenged a notice dated 31st May 2023 issued by the Assistant Commission...

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Bombay High Court Allows Land Acquisition Compensation Petitions in Nanded — Directs Payment of Enhanced Compensation with Interest. Landowners entitled to compensation under Section 28 of the Land Acquisition Act, 1894 for delay in payment after possession was taken.

The judgment concerns a batch of writ petitions filed by landowners whose lands were acquired by the State of Maharashtra for the Nanded-Waghala Munic...