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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Dismisses Appeal in Compulsory Retirement Case Based on Declining ...
Supreme Court Disposes Appeal by Consent Appointing Arbitrator in MSME Dispute, ...

Search Results for "bank withdrawal"

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Supreme Court

Supreme Court Allows Appeals by State Bank of India in Jet Airways Insolvency Case — Holds Performance Bank Guarantee Cannot Be Adjusted Against Resolution Plan Payment and Non-Implementation Leads to Liquidation. The Court ruled that the SRA's failure to pay airport dues and employee dues constituted non-implementation of the Resolution Plan under Section 33(3) IBC, 2016, and the PBG cannot be set off against the first tranche payment.

13 Nov 2024

The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Jet Airways (India) Limited, initiated by State Bank of India (SBI) under S...

High Court

High Court of Karnataka Dharwad Bench Delivers Judgment on Appeals Against Acquittal in Murder and Forgery Case; Circumstantial Evidence Scrutinized

28 Mar 2023

The High Court of Karnataka Dharwad Bench heard two criminal appeals against the judgment of acquittal dated 26-10-2017 passed by the III Additional D...

High Court

Bombay High Court Allows Co-operative Spinning Mill to Operate Overdraft Account Despite RBI Restrictions on Co-operative Bank — Petitioner Held to be Operational Creditor Not at Par with Ordinary Depositors. The court held that RBI's blanket restrictions under Section 35A of the Banking Regulation Act, 1949 were unreasonable as applied to an operational creditor with an excellent track record.

23 Mar 2023

The petitioner, Babasaheb Naik Kapus Utpadak Sahakari Soot Girni, a registered co-operative spinning mill, filed a writ petition challenging the restr...

High Court

Bombay High Court Upholds Dismissal of Bank Officer in Disciplinary Proceedings — Service Regulations Compliance Upheld. The court held that the order of dismissal and confirmation by appellate authority were based on sufficient evidence and proper procedure under the Vidharbha Kshetriya Gramin Bank (Officers and Employees) Service Regulations, 2005.

19 Sep 2022

The petitioner, Ashutosh Anil Joshi, was initially appointed as a Probationary Officer with Yavatmal Gramin Bank and later as a Junior Management Scal...

Supreme Court

Supreme Court Allows Promoter's Appeal in IBC Withdrawal Case — Commercial Wisdom of Committee of Creditors Cannot Be Overridden by NCLT/NCLAT. Settlement Plan Approved by 94.23% Voting Share Under Section 12A of Insolvency and Bankruptcy Code, 2016 Must Be Respected.

28 Jan 2022

The case involves appeals by Vallal RCK, the promoter of M/s Siva Industries and Holdings Limited (Corporate Debtor), against the common judgment of t...

High Court

High Court of Karnataka Dismisses/Allows Writ Petitions Challenging Minimum Wages Notification – Not mentioned. Petitioners, including industry associations and companies, challenged notification dated 27.12.2016 issued by the Labour Department on grounds of unconstitutionality and violation of Minimum Wages Act, 1948.

29 Mar 2019

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High Court

Bombay High Court Discharges Respondents in Suo Motu Criminal Contempt for Alleged Willful Disobedience of Court Orders. Court holds that mere breach of undertaking does not constitute criminal contempt unless it scandalizes or lowers authority of court.

28 Aug 2018

The High Court of Bombay initiated suo motu criminal contempt proceedings against respondent no.1 (M.N. Navale, President of Sinhgad Technical Educati...

High Court

High Court of Karnataka Dismisses Appeal of Bank Employee in Disciplinary Matter — Upholds Validity of Enquiry Proceedings Despite Delay. The court held that the disciplinary authority's decision to impose penalty of dismissal was not vitiated by delay in framing charges or by the enquiry officer's failure to consider defence documents, as the employee had ample opportunity to participate.

17 Jun 2016

The appellant, Sri K. P. Narayanan Kutty, was an officer of the State Bank of India who joined service in 1964. While working as Branch Manager at Shi...

High Court

High Court of Karnataka Allows Appeal of Co-operative Credit Society in Income Tax Deduction Case Under Section 80P — Society Not a Primary Co-operative Bank Under Banking Regulation Act. The court held that a co-operative credit society not licensed by RBI and not meeting all conditions of Section 56(ccv) of the Banking Regulation Act, 1949, is entitled to deduction under Section 80P of the Income Tax Act, 1961.

21 Sep 2015

The appellant, Shri Chandra Prabhu Urban Co-operative Credit Society Ltd., is a co-operative society registered under the Karnataka Co-operative Socie...

High Court

Bombay High Court Grants Interim Injunction Restraining BCCI from Terminating IPL Franchise Agreement with Deccan Chronicle Holdings Limited. Court Holds Termination Notice Invalid for Not Providing 30-Day Cure Period Under Clause 11.1 of Franchise Agreement.

1 Oct 2012

The petitioner, Deccan Chronicle Holdings Limited (DCHL), filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking to r...

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