Search Results for "Multi State Cooperative Societies Act, 2002"

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Search Results for "Multi State Cooperative Societies Act, 2002"

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High Court

Bombay High Court Dismisses Petition Challenging Cooperative Bank Elections Due to Availability of Alternative Remedy. Writ Petition Under Article 226 Held Not Maintainable as Election Process Had Commenced and Remedy Under Section 152 of Maharashtra Cooperative Societies Act, 1960 Was Available.

19 Mar 2021

The petitioners, nineteen individuals who are members of the Nashik District Central Cooperative Bank Ltd., filed a writ petition under Article 226 of...

High Court

Bombay High Court Dismisses Appeal by Guarantor in Cooperative Bank Arbitration Dispute. Signing of Loan Form 'k' Confers Jurisdiction on Arbitral Tribunal Under Section 84 of Multi-State Cooperative Societies Act, 2002.

23 Jan 2014

The appellant, Prakash Vrundavan Thakkar, challenged the judgment and order dated 8th November 2012 passed by the learned Principal District Judge at ...

High Court

Bombay High Court Dismisses Writ Petition Challenging Arbitration Award in Cooperative Bank Dispute — No Interference Under Article 227 as Concurrent Findings of Fact and Law Are Not Perverse. The Court upheld the recovery certificate issued under the Multi-State Cooperative Societies Act, 2002, finding no jurisdictional error or violation of natural justice.

11 Nov 2025

The petitioner, TJSB Sahakari Bank Ltd., a multi-state cooperative bank, filed a writ petition under Article 227 of the Constitution of India challeng...

High Court

Bombay High Court Partially Allows Challenges to Arbitral Award in Co-operative Bank Dispute — Upholds Liability of Guarantor but Sets Aside Interest Rate and Costs. The court held that the arbitrator exceeded jurisdiction by awarding interest at 24% per annum and costs without agreement, but upheld the principal liability under the guarantee.

27 Jan 2017

The judgment concerns two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award da...

High Court

High Court of Judicature at Bombay Resolves Reference on Deposit Requirement for Revision Under Maharashtra Co-operative Societies Act, 1960 - The court held that a litigant challenging only consequential actions pursuant to a recovery certificate under Section 101 is not required to deposit 50% of recoverable dues under Section 154(2A), as the mandate applies solely to challenges against the certificate itself.

4 Mar 2026

The judgment arose from a reference made by a learned Single Judge of the High Court of Judicature at Bombay to resolve an irreconcilable conflict bet...

High Court

Bombay High Court Dismisses Petition Challenging Arbitrator's Jurisdiction in Cooperative Bank Dispute — Allegations of Fraud Not Sufficient to Oust Arbitration Under MSCS Act. The court held that mere allegations of fraud without material particulars do not oust the jurisdiction of the arbitral tribunal appointed under Section 84 of the Multi State Cooperative Societies Act, 2002, and the arbitrator's decision to decide the issue along with the main petition was proper.

17 Jun 2013

The petitioner, Rajesh M. Mahtani, was a respondent in arbitration proceedings initiated by the Bombay Mercantile Coop. Bank Ltd. under Section 84 of ...

High Court

Bombay High Court Allows Petition Under Section 34 of Arbitration Act Against Arbitral Award Dismissing Dispute Over Forfeiture of Shares by Cooperative Bank. Arbitrator's Award Set Aside for Being Perverse and Contrary to Law as Bank's Action of Forfeiting Shares Without Following Procedure Under Multi-State Cooperative Societies Act, 2002 and Bye-Laws Was Illegal.

3 May 2013

The petitioner, Dr. Dalvi Ali Abdul Quadar, was a member and director of M/s Ratna Drugs Ltd., which had obtained a loan from the respondent, Kokan Me...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Cooperative Bank Loan Recovery Case. Court upholds award under Section 34 of Arbitration and Conciliation Act, 1996 and Section 84 of Multi-State Cooperative Societies Act, 2002, finding no grounds for interference.

29 Jan 2013

The petitioners, Vedansh Hospitality and Resorts Limited and two individuals, were original respondents in an arbitration proceeding initiated by New ...

High Court

High Court of Bombay at Goa Dismisses Writ Petition Challenging Cooperative Election Due to Lack of Locus Standi. Petitioner, a Non-Member of the Federation and Its Member Societies, Cannot Challenge Election of Directors Under Goa Cooperative Societies Act, 2001.

30 Nov -0001

The petitioner, Madhav Atmaram Sahakari, filed a writ petition under Article 226 of the Constitution of India before the High Court of Bombay at Goa, ...

High Court

Bombay High Court Partially Sets Aside Arbitral Award in Cooperative Bank Dispute for Exceeding Jurisdiction Under MSCS Act and Arbitration Act. Arbitrator's Directions Against Employer and Appointment of Receiver Held Impermissible.

5 Jan 2011

The petitioner, Mr. Ratansi R. Gada, a principal borrower from Abhyudaya Cooperative Bank Ltd., challenged an arbitral award passed by an arbitrator a...

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