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Bombay High Court Acquits Accused in Corruption Case Due to Lack of Proof of Demand. Conviction Under Section 7 and 13(1)(d) of Prevention of Corruption Act, 1988 Set Aside as Shadow Panch's Evidence Contradicted Complainant's Version.

The complainant, Pradip Jogi, sought a 7/12 extract with a loan entry from the accused, a Talathi, in November 2001. The accused allegedly demanded a ...

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Bombay High Court Allows Substituted Petitioning Creditor in Insolvency Proceedings Based on Original Act of Insolvency. Hire Purchase Claim Held Valid as Debt Under Presidency Towns Insolvency Act, 1909 Despite Lack of Decree.

The Insolvency Petition was originally filed by Mandvi Cooperative Bank Ltd. based on an award of the Cooperative Court dated 7th August 2000. An Inso...

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Bombay High Court Dismisses Petition Challenging EPF Attachment Over SFC Sale Property. Section 11(2) of EPF Act, 1952 creates overriding first charge on assets, enforceable against purchaser in SFC sale, not limited to insolvency or winding up.

The petitioner, M/s. Indus Agro Products, was a purchaser in a sale conducted by the State Financial Corporation under the State Financial Corporation...

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Bombay High Court Quashes FIR Against Accused in Cheque Dishonour Case Due to Lack of Evidence of Dishonest Intention. Mere dishonour of cheque does not attract Section 420 IPC without proof of fraudulent or dishonest inducement at the time of borrowing.

The judgment pertains to two criminal applications filed under Section 482 of the Code of Criminal Procedure, 1973, seeking quashing of FIR No. 86/201...