Search Results for "escrow agreement"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal of Claimant in Motor Accident Case — Functional Di...
Supreme Court Modifies Sentence in Forgery Case Due to Long Pendency and No Crim...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...

Search Results for "escrow agreement"

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High Court

High Court of Karnataka Allows Appointment of Arbitrator in Joint Development Agreement Dispute — Clause 27.4 Held Valid Arbitration Agreement, Third Party Not Bound. The court appointed an arbitrator to adjudicate disputes between the petitioner and respondents 1 to 4 under Section 11(6) of the Arbitration and Conciliation Act, 1996, but dismissed the petition against respondent No.5 who was not a party to the agreement.

11 Feb 2019

The petitioner, Nitesh Urban Development Pvt Ltd, filed a petition under Section 11(6) of the Arbitration and Conciliation Act, 1996, seeking appointm...

Supreme Court

Supreme Court Allows Appeal by MP Power Management Company, Upholds Termination of Power Purchase Agreement for Non-Compliance of Conditions Subsequent. The Court held that the High Court erred in interfering with a non-statutory contract and that the termination was justified as the seller failed to fulfill conditions within the extended period.

1 Jan 2022

The appellant, M.P. Power Management Company Limited, a wholly owned government company responsible for bulk purchase of electricity in Madhya Pradesh...

High Court

Bombay High Court Dismisses Appeal Against Arbitral Tribunal's Interim Order in Bank Guarantee Dispute. Court upholds restraint on encashment of bank guarantee subject to deposit of amount, finding no perversity in the Tribunal's order under Section 37 of the Arbitration and Conciliation Act, 1996.

25 Feb 2019

The petitioner, Mahaguj Collieries Limited, filed two arbitration petitions under Section 37 of the Arbitration and Conciliation Act, 1996, challengin...

High Court

Bombay High Court Partially Allows Appeal Against Arbitral Tribunal's Interim Order in Commercial Arbitration Dispute. Court upholds Tribunal's power to grant interim relief under Section 17 of Arbitration and Conciliation Act, 1996, but modifies order to balance interests of both parties.

25 Feb 2019

The judgment arises from two commercial arbitration petitions filed by Mahaguj Collieries Limited (the petitioner) under Section 37 of the Arbitration...

High Court

Bombay High Court Makes Conditional Winding Up Order in Contract Dispute Over Endorsements. Interpretation of contract endorsements determines existence of debt under Companies Act, 1956.

7 Feb 2014

The petitioner, Reliance Broadcast Network Limited, filed a winding up petition under the Companies Act, 1956 against the respondent, Raj Oil Mills Lt...

High Court

Bombay High Court Allows Winding Up Petition Against Company for Failure to Repay Convertible Bonds — Debt Admitted and Company Unable to Pay Under Section 433(e) of Companies Act, 1956. The court held that where a debt is admitted and the company is commercially insolvent, a winding up order is justified.

30 Jul 2013

The Bank of New York Mellon, London Branch, as trustee for bondholders, filed a winding up petition under Section 433(e) of the Companies Act, 1956 ag...

High Court

Bombay High Court Allows Arbitration Petition in Commercial Dispute — Appointment of Sole Arbitrator under Section 11 of Arbitration and Conciliation Act, 1996. Court appoints retired judge as sole arbitrator to adjudicate disputes arising from a Master Service Agreement between parties.

30 Nov -0001

The petitioner, Zanmai Labs Private Limited, filed a Commercial Arbitration Petition under Section 11 of the Arbitration and Conciliation Act, 1996, s...

Supreme Court

Supreme Court Allows Revenue Appeals in Service Tax on Airport Development Fee Case. User Development Fee Collected by Airport Operators Under Statutory Authority is Not Subject to Service Tax Under Finance Act, 1994.

19 May 2023

The Supreme Court considered appeals by the revenue against CESTAT orders that had held user development fee collected by airport operators not liable...

High Court

Bombay High Court Sets Aside Arbitral Award for Specific Performance of Development Agreement — Failure to Consider Limitation and Lack of Evidence of Agreement. Section 34 of Arbitration and Conciliation Act, 1996 challenge succeeds as award based on letter dated November 4, 2003 read with unregistered document suffers from patent illegality and perversity.

12 Dec 2025

The Bombay High Court set aside an arbitral award dated August 5, 2017, which had granted specific performance of a development agreement in favor of ...

Supreme Court

Supreme Court Partially Allows Housing Board's Appeal in Consumer Dispute — Liability for Mental Harassment and Litigation Costs Apportioned 70:30 Between Developer and Housing Board; Interest Rate Reduced to 9% p.a. The Court held that Clause 9(c) of the Tripartite Agreement does not cover mental harassment or litigation costs, and the interest rate should remain at 9% p.a. as per the agreement and earlier orders.

17 Dec 2019

The appeal arises from a consumer complaint filed by Respondent No. 2 (a flat buyer) against M/s. Parasvanath Developers Pvt. Ltd. (Developer) and Cha...

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