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Bombay High Court Hears Writ Petition Against Order of Debt Recovery Appellate Tribunal in Recovery Proceedings. The Case Involves Settlement and Auction of Property of Bradbury Mills Ltd., a Company in Liquidation, with Multiple Creditors and Guarantors.

The writ petition was filed by Everest Fincap Pvt. Ltd. challenging an order of the Debt Recovery Appellate Tribunal (DRAT) dated 22 August 2008, whic...

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Bombay High Court Considers Challenge to Revision Order in FCCB Capital Gains Case; Cost of Acquisition Dispute Between FCCB Scheme and Section 49(2A) of Income-tax Act Examined. Revenue Relied on Section 49(2A) While Petitioner Invoked Clause 7(4) of the 1993 Scheme.

The writ petition under Article 226 was filed before the Bombay High Court challenging an order dated 29 March 2018 passed by the Commissioner of Inco...

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Bombay High Court Grants Interim Relief to Flat Purchaser Under Section 9 of Arbitration Act for Incomplete Flat Due to Struts. Developer directed to remove struts and complete flat within 12 weeks or pay compensation.

The petitioners, Shahveer Padam Kapadia and another, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking interim r...

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Bombay High Court Adjudicates Section 34 Petition Against Arbitral Award in ATM Cash Replenishment Dispute. The petition challenges the award of Rs. 23.26 crores to the respondent for cash loading discrepancies under the 2010 and 2015 agreements.

The judgment originates from a petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by Securitrans India Private Limited, see...

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Bombay High Court Hears Writ Petitions Challenging Inquiry Report Under Section 88 of Maharashtra Co-operative Societies Act, 1960. Petitioners Challenge Orders Holding Former Employees and Directors Liable for Financial Loss Due to Non-Recovery of Rickshaw and Housing Loans.

This group of 19 writ petitions came before the Bombay High Court challenging an inquiry report/order dated 25.09.2018 passed under Section 88 of the ...

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Supreme Court Dismisses Appeal in Specific Performance Suit Upholding High Court's Decision. Dispute Involved Agreement of Sale with Issues of Readiness and Willingness Under Section 16(c) of Specific Relief Act, 1963 and Limitation Under Article 54 of Limitation Act, 1963.

The appeal arose from a dispute over a registered Agreement of Sale dated 22.11.1990, where appellants 1, 2, and 3 agreed to sell property to responde...

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Bombay High Court Allows Second Appeal in Specific Performance Suit — Agreement to Sell Proved, Plaintiff Ready and Willful. Court sets aside concurrent findings of courts below and decrees suit for specific performance of contract for sale of agricultural land under Specific Relief Act, 1963.

The plaintiff (respondent in the second appeal) filed Regular Civil Suit No. 37/1994 for specific performance of an agreement to sell agricultural lan...

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Bombay High Court Grants Interim Injunction in Shareholder Dispute — Restrains EGM and Share Transfers. Serious questions arise regarding validity of share transfers and removal of directors under Companies Act, 2013, warranting preservation of status quo.

The present interim application arises out of a commercial suit filed by Desai Hospitals Ventures LLP and another (plaintiffs) against DHI Global Hold...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Sale-Cum-Development Agreement Dispute. Court upholds arbitrator's findings on breach of contract and quantum of damages under Section 34 of the Arbitration and Conciliation Act, 1996.

The petitioner, MSRT Corporation, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dated...