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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 Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "financial affairs operation"

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High Court

Bombay High Court Hears Company Petition for Sanction of Scheme of Arrangement and Reduction of Share Capital. Petition Seeks to Restructure Debts and Reduce Capital Under Sections 391, 392, and 102 of the Companies Act, 1956.

17 Nov 2005

This matter pertains to a company petition filed by Sharp Industries Limited under Sections 391-394 of the Companies Act, 1956, seeking sanction of a ...

Supreme Court

Supreme Court Allows Appeal of Dissenting Financial Creditor in Insolvency Case on Interpretation of Amended Section 30(2)(b)(ii) - Court Holds Amendments Apply to Pending Proceedings and Entitle Creditor to Liquidation Value of Security Interest Under Insolvency and Bankruptcy Code, 2016.

3 Jan 2024

The dispute arose from appeals concerning the interpretation of amended Section 30(2)(b)(ii) of the Insolvency and Bankruptcy Code, 2016. The appellan...

High Court

Bombay High Court Grants Interim Stay on Personal Guarantee Enforcement in CDR Failure Case — Deed of Guarantee Held Not Enforceable Due to Conditional Nature and Subsequent Termination Events. The court found that the guarantee was conditional upon CDR sanction and automatically terminated upon CDR failure and the guarantor's resignation, making it unenforceable against the personal guarantor.

14 Dec 2024

The Plaintiff, Deepen Arun Parekh, filed a suit seeking a declaration that the Deed of Guarantee dated 10 April 2014 executed by him in favour of the ...

High Court

Bombay High Court Considers Interim Relief in Suit Challenging Show Cause Notices Issued Under 2024 RBI Master Directions Based on Forensic Audit by Allegedly Unqualified Auditor. Petitioner Contends that Audit Firm Not Chartered Accountant and Report Invalid Under Chartered Accountants Act, 1949 and RBI Directions.

24 Dec 2025

This matter concerned three suits filed by the plaintiff, Anil D. Ambani, against Indian Overseas Bank, IDBI Bank, Bank of Baroda, and others, along w...

High Court

Bombay High Court Dismisses Discharge Application of Accused in Bank Fraud Case Due to Prima Facie Evidence of Conspiracy. Court holds that charge-sheet allegations sufficiently indicate involvement of accused no.5 in criminal conspiracy and misappropriation of bank funds under IPC and PC Act.

22 Feb 2024

The applicant, original accused no.5, filed a criminal application under Section 482 Cr.P.C. challenging the order dated 13/08/2018 passed by the Spec...

Supreme Court

Supreme Court Hears Civil Appeal on the Scope of Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 Overriding the Transfer of Property Act, 1882 in a Pre-Existing Asset Sale Agreement. The AAIFR Ruled That Section 22A Does Not Apply to Pre-Existing Agreements, and the Supreme Court Was to Determine the Correctness.

1 Aug 2026

The Supreme Court heard a civil appeal arising from orders passed by the Appellate Authority for Industrial and Financial Reconstruction (AAIFR) conce...

High Court

Bombay High Court Dismisses Multiple Writ Petitions Challenging Amalgamation Scheme of PMC Bank Under Section 45 of Banking Regulation Act, 1949. Petitioners Failed to Establish Violation of Fundamental Rights or Procedural Irregularities; Scheme Upheld as Serving Public Interest and Depositor Protection.

9 Mar 2026

The judgment deals with seven writ petitions filed before the Bombay High Court challenging a Notification dated 25 January 2022 issued by the Ministr...

High Court

High Court of Karnataka Reserves Judgment on Writ Petitions Challenging Permanent Lok Adalat Order in Banking Fraud Compensation Claim — Jurisdiction of Permanent Lok Adalat Under Section 22C of Legal Services Authorities Act, 1987 Raised Due to Alleged Criminal Misconduct by Third Parties. The dispute involved unauthorised online transfers from a bank account enabled by a duplicate SIM issued without consent, leading to claims for compensation and questions on the Lok Adalat's adjudicatory powers in fraud cases.

1 Jun 2026

The High Court of Karnataka heard two connected writ petitions filed under Articles 226 and 227 of the Constitution, challenging the order of the Perm...

High Court

Bombay High Court Adjudicates Petitions Challenging RBI and Central Government Actions Under Banking Regulation Act, 1949; Interim Stay Granted Against Amalgamation. Court Finds Prima Facie Haste and Lack of Propriety in Decision-Making Process Leading to Status Quo Ante Restoration.

5 Apr 2006

The matter involved two writ petitions before the Bombay High Court challenging actions taken by the Reserve Bank of India (RBI) and the Central Gover...

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...

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