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High Court of Judicature at Bombay Adjudicates Company Petition for Winding Up Over Unpaid Derivative Transaction Debts. The Petitioner Bank Claimed Rs.8.74 Crores from the Respondent Company Following Defaults on Forex Options Margin Calls Under ISDA Master Agreement.

The litigation stems from a company petition filed by HDFC Bank Ltd. under the provisions of the Companies Act, 1956 seeking winding up of Rohan Dyes ...

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High Court of Karnataka Quashes State Transport Appellate Tribunal Order in Motor Vehicles Act Case — Lack of Jurisdiction to Review Own Orders. The Tribunal cannot review its own orders under the Motor Vehicles Act, 1988, as no power of review is conferred by the Act or Rules.

The petitioners, who are private bus operators, filed writ petitions under Articles 226 and 227 of the Constitution of India challenging the order dat...

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Supreme Court Dismisses Appeal of Assistant Director Seeking Retirement at 60 Years Under Kerala University Act. Appellant Not a 'Teacher of the University' as Defined Under Section 2(28) of the Kerala University Act, 1974, and Not Entitled to Extended Retirement Age.

The appellant, P. Gopinathan Pillai, was appointed as Project Officer in the Centre for Adult Continuing Education and Extension (CACEE) of the Univer...

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Supreme Court Remands Case to High Court for Fresh Hearing Due to Reliance on Wrong Pleadings. High Court's Dismissal of Writ Petition Set Aside as It Referred to Paragraphs from Another Case, Not the Appellant's Own Pleadings.

The appellant, Krishna Nand Shukla, claimed to have been appointed on an ad hoc basis as Lecturer in Military Science at Jawaharlal Nehru Smarak Post ...