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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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Supreme Court Dismisses Appeals by Appellants -- Upholds Committee of Creditors' Approval of Sarda Energy and Minerals Limited's Resolution Plan Under Insolvency and Bankruptcy Code, 2016 -- Doctrine of Commercial Wisdom Affirmed in Insolvency Resolution

The Supreme Court upheld the approval of a Resolution Plan by Sarda Energy and Minerals Limited (SEML) for SKS Power Generation (Chhattisgarh) Ltd. un...

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Supreme Court Allows BEST and EVEY Appeals in Electric Bus Tender Dispute. Tender Condition Requiring 200 Km Range in Actual Conditions Upheld as Valid and Non-Arbitrary.

The Supreme Court allowed the appeals filed by BEST and EVEY Trans Pvt. Ltd. and set aside the Bombay High Court's order dated 05.07.2022. The dispute...

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Bombay High Court Dismisses Petition Seeking Physical Bid Submission in Online Tender Process. Court Holds That Government Resolution Dated 27.09.2018 Mandating Online Submission Does Not Violate Principles of Natural Justice or Arbitrary Exercise of Power.

The petitioner, M/s. AGC-SCCPL JV, a joint venture bidder, filed a writ petition before the Bombay High Court at Aurangabad seeking a direction to the...

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Bombay High Court Quashes Termination of Solid Waste Management Contract Without Notice. Municipal Commissioner's Order Set Aside for Violation of Natural Justice and Contractual Terms.

The petitioner, AG Enviro Infraprojects Private Limited, a company engaged in solid waste management, had entered into a contract with the Pimpri-Chin...

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Bombay High Court Quashes Termination of Solid Waste Management Contract for Violation of Natural Justice. Municipal Commissioner's Order Set Aside for Non-Compliance with Contractual Termination Clause and Principles of Audi Alteram Partem.

The petitioner, AG Enviro Infraprojects Private Limited, a company engaged in solid waste management, challenged the order dated 31st October 2018 pas...