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High Court Quashes FIR Against Bank Officials and BGR Energy Executives in Bank Guarantee Dispute -- No Criminal Intent Found in Commercial Transaction Under IPC Sections 420, 403, 406, 418, 425, 427 read with 34

The High Court quashed an FIR registered against bank officials and company executives alleging criminal offences in connection with bank guarantee tr...

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High Court of Karnataka Examines Quashing Petitions Against Multiple FIRs Registered Under Prevention of Corruption Act, 1988. Challenge Focuses on Validity of FIR Registration Based on Request to Court Rather Than on Complaint Under Section 154 Cr.P.C.

The matter comprised three criminal petitions filed under Section 482 of the Code of Criminal Procedure, 1973, by Sri Prabhu Shankar, an Assistant Com...

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Bombay High Court Dismisses Review Petition with Costs in Arbitration Appointment Case. Review Petition Found Misconceived, Mischievous, and Vexatious Under Commercial Courts Act, 2015.

The Bombay High Court dismissed a Review Petition filed by Priyanka Communications (India) Pvt Ltd and others (the Agarwals) against an order appointi...

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High Court of Bombay Hears Appeal Against Conviction Under Prevention of Corruption Act. Accused Contends Non-Proof of Bribe Demand and Admission of Loan Repayment by Complainant.

The appeal arose from the judgment and order dated 29.03.2005 in Special Case No.26/2003 passed by the Special Judge at Aurangabad, convicting the app...

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Bombay High Court Dismisses State's Writ Petition Challenging CAT Order in Forest Department Recruitment Case. Court upholds CAT's direction to consider respondents for promotion to Forester posts based on seniority and eligibility as per Recruitment Rules.

The State of Maharashtra and forest department officials filed a writ petition challenging an order of the Central Administrative Tribunal (CAT), Mumb...

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Bombay High Court Upholds Cooperative Court's Injunction Against Bank's Recovery Notice Despite SARFAESI Proceedings — Jurisdiction of Cooperative Court Not Ousted by SARFAESI Act for Disputes Under Section 91 of MCS Act.

The petitioner, M/s. Shewalkar Developers Ltd., a company incorporated under the Companies Act, 1956, was engaged in land development and construction...

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Bombay High Court Quashes Reopening Notice Under Section 148 of Income Tax Act, 1961 for Venture Capital Fund — No Failure to Disclose Material Facts. Reopening Based on Mere Change of Opinion on Applicability of Section 10(23FB) Exemption is Invalid.

The petitioner, DHFL Venture Capital Fund, is a trust registered as a venture capital fund under SEBI (Venture Capital Fund) Regulations, 1996. It fil...