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Bombay High Court Adjudicates Section 34 Petition Against Arbitral Award on Termination and Repudiation of Master Asset Purchase Agreement. Arbitrator's Finding of Repudiation by Purchaser and Direction for Refund of Consideration under MAPA Considered.

The dispute arose from a Master Asset Purchase Agreement (MAPA) dated 31st March 2005 between Siddhivinayak Realties Pvt. Ltd. as purchaser and V Hote...

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Bombay High Court Dismisses Petitions Challenging RBI's Moratorium and Liquidation of CKP Co-operative Bank Ltd. — Petitioners' Deposits Not Covered by Deposit Insurance as Bank Was Under Moratorium Prior to Insurance Scheme Introduction.

The judgment pertains to a batch of writ petitions filed by depositors of the CKP Co-operative Bank Ltd., which was placed under moratorium by the Res...

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High Court of Judicature at Bombay Hears Appeal Under Section 37 Against Order Quashing Arbitral Award on Limitation. Single Judge's order set aside arbitral award as claim was found barred by limitation, limited to determination under Section 34 of Arbitration and Conciliation Act, 1996.

The appeal was filed under Section 37 of the Arbitration and Conciliation Act, 1996 before the Bombay High Court against the order dated 10 April 2024...