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WRIT PETITION NO.1501 OF 2016

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Bombay High Court Adjudicates Writ Petitions Filed by Depositors of PMC Bank Seeking Relief from Withdrawal Restrictions. Court Examines Validity of RBI Directions and Protection of Depositors' Interests under Relevant Banking and Co-operative Laws.

A batch of writ petitions and a public interest litigation were filed before the Bombay High Court by various depositors and account holders of the Pu...

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Bombay High Court Allows Winding Up of S. Kumars Nationwide Ltd. for Inability to Pay Debts. Multiple financial creditors and operational creditors successfully proved the company's insolvency under Sections 433(e) and 434 of the Companies Act, 1956.

The judgment concerns a batch of company petitions filed by various financial creditors and operational creditors seeking the winding up of S. Kumars ...

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Bombay High Court Dismisses Auto Rickshaw Unions' Challenge to Mandatory Electronic Digital Fare Meter Fitment in Larger Consumer Interest. Notification under Rule 137 of Motor Vehicles Rules, 1989 Upheld as Valid Exercise of State's Legislative Competence Despite Petitioners' Hardship Claims.

The Bombay High Court heard and dismissed two writ petitions challenging a State Government notification making electronic digital fare meters mandato...