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Supreme Court Hears Bank Appeal Against High Court Direction to Process Borrower's One Time Settlement Proposal Under OTS 2020 Scheme. Appeal involves interpretation of eligibility criteria under OTS Scheme and enforceability of OTS through mandamus under Article 226 in SARFAESI recovery context.

This civil appeal by special leave arose from a judgment and order dated 21st December 2022 of a Division Bench of the High Court of Judicature of And...

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Bombay High Court Dismisses Petition Challenging Cooperative Society's Bye-Law Amendment and Registration of Sub-Lease. Registrar's power to register sub-leases under Section 22 of the Maharashtra Cooperative Societies Act, 1960 upheld.

The petitioner, a cooperative housing society, filed a writ petition challenging the order of the Deputy Registrar of Cooperative Societies dated 15.1...

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Bombay High Court Dismisses Writ Petition Challenging Auction Notice Under Income Tax Act — Limitation Period Under Rule 68B Computed from Date of Dismissal of SLP, Not from High Court Judgment.

The petitioner, M/s Rambilas Gulabdas (HUF), filed a writ petition challenging an auction notice dated 18.11.2004 issued by the Tax Recovery Officer u...

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Karnataka High Court Sets Aside Order Allowing Amendment in Final Decree Proceeding — Amendment Sought After Final Decree Drawn Up Held Impermissible. Order VI Rule 17 CPC cannot be invoked to change the case after final decree is concluded.

The petitioners, Mrs. Aysha and S. Mohammed Iqbal, filed a writ petition under Article 227 of the Constitution of India challenging an order dated 20....

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Bombay High Court Adjudicates Writ Petition on SARFAESI Act Sale Certificate Registration and Competing First Charge Claims. Court Examines Section 26-E SARFAESI Act Priority Over Maharashtra VAT Act Section 37 and Registration Act 1908 Section 22-A Grounds for Refusal.

The petitioner, State Bank of India, a public sector nationalized bank constituted under the Banking Companies (Acquisition and Transfer of Undertakin...

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High Court of Judicature at Bombay Hears Writ Petitions Against Charity Commissioner's Sanction for Sale of Public Trust Property — Challenge Raised on Grounds of Lack of Public Auction and Violation of Natural Justice Under Section 36 of Bombay Public Trusts Act, 1950.

The writ petitions challenged the Charity Commissioner's order dated 2/9/2011 granting sanction to the trustees of a public trust to sell trust proper...

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NCLAT Dismisses Appeal Against Liquidation Order in Insolvency Case — Appellant Failed to Show Viable Revival Plan or Error in Impugned Order. Corporate Debtor's Liquidation Upheld as No Resolution Plan Was Received and Appellant's Offer Was Not a Valid Plan Under IBC.

The case involves an appeal filed by P. Naveen Chakravarthy (the appellant) against an order dated 27.01.2021 passed by the Adjudicating Authority (Na...