Search Results for "revival scheme"

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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 "revival scheme"

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High Court

Bombay High Court Dismisses Section 9 Arbitration Petition and Winding Up Petition Against Corporate Debtor — No Prima Facie Case for Interim Relief or Insolvency as CDR Scheme Was Under Consideration and Debt Was Not Clearly Due.

6 Jul 2015

The petitioner, Tata Capital Financial Services Ltd., a non-banking financial company, granted a term loan of Rs. 50 crores to the first respondent, U...

High Court

Bombay High Court Dismisses Writ Petitions in Industrial Dispute Over Unfair Labour Practice - Upholds Payment of Wages for Lockout Period but Denies Reinstatement. The court held that an illegal lockout entitles workmen to wages, but reinstatement cannot be granted in a closed mill under the MRTU & PULP Act, 1971.

26 Jun 2014

The judgment involves two writ petitions arising from an order of the Industrial Court, Mumbai dated 14 February 2003. The Sarva Shramik Sangh, a trad...

Supreme Court

Supreme Court Interprets Section 29A(h) of Insolvency and Bankruptcy Code, 2016 Regarding Guarantor Eligibility. The court held that a person who has executed an enforceable guarantee is not disqualified from submitting a resolution plan unless the guarantee has been invoked, as liability crystallizes upon invocation under the amended provisions.

18 Jan 2022

The Supreme Court was called upon to interpret Section 29A(h) of the Insolvency and Bankruptcy Code, 2016, as amended, concerning the eligibility of a...

High Court

High Court Allows Amalgamated Company's Claim for Unabsorbed Depreciation of Sick Company Under Section 32(2) of Income Tax Act, 1961. The court held that unabsorbed depreciation of amalgamating company is deemed to be depreciation of amalgamated company under Section 32(6) and can be carried forward irrespective of whether amalgamating company filed returns.

7 Sep 2017

The case involves two income tax appeals filed by M/s. Ballarpur Industries Ltd. (BILT) against the Commissioner of Income Tax, Vidarbha, Nagpur, conc...

High Court

Bombay High Court Dismisses Petition Challenging Board Resolution in Canara Bank Dispute — Upholds Validity of Board Resolution Passed with Majority. Court holds that board resolutions passed by majority are valid and binding, and that the court cannot interfere with commercial decisions of the board under Article 226 of the Constitution of India.

7 Oct 2025

The petitioner, M/s. Ray Projects Pvt. Ltd., filed a writ petition under Article 226 of the Constitution of India challenging a resolution passed by t...

Supreme Court

Supreme Court Allows Insolvency Proceedings Under IBC Over Defunct Scheme of Arrangement -- IBC Prevails Over Companies Act in Recovery of Defaulted Loans

24 Feb 2026

The Supreme Court allowed an appeal against the Company Law Appellate Tribunal's order that kept in abeyance an application under Section 7 of the Ins...

Supreme Court

Supreme Court Dismisses Appeal Challenging Abolition of Odisha Administrative Tribunal — Power to Abolish SATs Upheld Under General Clauses Act and Article 323-A. The Court held that the Union Government has the power to abolish a State Administrative Tribunal established under the Administrative Tribunals Act, 1985, and the notification dated 2 August 2019 is valid.

21 Mar 2023

The Supreme Court dismissed an appeal against the Orissa High Court judgment upholding the abolition of the Odisha Administrative Tribunal (OAT). The ...

Supreme Court

Supreme Court Upholds Compassionate Appointment Claims for Municipal Employees Under Specific Circulars. The court held that Circular Nos. 301-Emp., 302-Emp., and 303-Emp. under the West Bengal Regulation of Recruitment in State Government Establishments and Establishments of Public Undertakings, Statutory Bodies, Government Companies and Local Authorities Act, 1999, provide a scheme for compassionate appointments in municipalities, and applications must be considered accordingly, distinguishing municipal employees from State Government employees.

27 Apr 2025

The appeal arose from a batch of cases concerning compassionate appointment claims by heirs of deceased employees of Burdwan, Ranaghat, and Habra Muni...

High Court

Bombay High Court Quashes Cancellation of PIO Card for British National in Divorce Dispute — Violation of Natural Justice as No Opportunity of Hearing Given Before Surrender Order. The court set aside the orders of the Ministry of Home Affairs directing surrender of the Person of Indian Origin Card, holding that the petitioner was not heard before the adverse order was passed.

4 Oct 2018

The petitioner, a British national, was married to respondent no.4, an African national holding a Person of Indian Origin (PIO) Card. On 29 December 1...

High Court

Bombay High Court Allows Writ Petition Challenging BIFR Order in SICA Reference — Holds That BIFR Cannot Reopen a Duly Sanctioned Scheme Without Jurisdiction Under Section 18 of SICA. The court quashed the BIFR order reopening a sanctioned scheme, ruling that the BIFR lacks inherent powers to review or modify a final scheme under the Sick Industrial Companies (Special Provisions) Act, 1985.

25 Apr 2011

The petitioner, Kotak Mahindra Bank Limited, challenged an order dated 25.1.2011 passed by the Board for Industrial and Financial Reconstruction (BIFR...

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