Search Results for "Nikhil Merchant"

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Bombay High Court Dismisses Writ Petition Against DRT Order Rejecting Stay of Possession Under Securitisation Act — Section 31(j) Not Applicable to IFCI as It Is Not a Financial Institution Under State Financial Corporations Act.

The petitioners, M/s. Citron Infraprojects Limited and its director, filed a writ petition before the Bombay High Court challenging an order of the De...

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Supreme Court Allows Appeals of Women Accused in Bank Loan Fraud Case After Settlement with Bank — Compromise Between Borrower and Bank Renders Continuation of Criminal Proceedings Unjustifiable Under Section 482 CrPC.

The Supreme Court allowed appeals by Tarina Sen and Shaileshree Sen, accused in a bank loan fraud case, quashing criminal proceedings against them. Th...

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Bombay High Court Quashes Process in Drugs and Cosmetics Act Case Due to Non-Compliance with Section 18A Notice Procedure. Failure to Provide Opportunity to Explain Before Filing Complaint Renders Prosecution Invalid.

The petitioners, Parenteral Drugs (India) Ltd and others, filed writ petitions challenging the order dated 24 September 2014 passed by the Chief Judic...

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High Court of Bombay at Nagpur Reduces Compensation in Motor Accident Claim Due to Lack of Evidence of Income. Insurance Company's Appeal Partly Allowed as Tribunal's Assessment of Deceased's Income Was Not Based on Reliable Evidence.

The case involves an appeal by the National Insurance Co. Ltd. against the judgment and award dated 11.7.2003 passed by the Motor Accident Claims Trib...

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Bombay High Court Quashes FIR Against HDFC Bank Executive in Cheque Dishonour Case — Donation Not a Legally Enforceable Debt Under Section 138 NI Act. Court held that a cheque issued as a donation without existing liability does not attract penal provisions under Negotiable Instruments Act, 1881.

The petitioner, Sashidhar Jagdishan, an individual aged 79 years and an executive at HDFC Bank, filed a criminal writ petition under Article 226 of th...