Search Results for "Corporate Insolvency"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "Corporate Insolvency"

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High Court

Bombay High Court Dismisses Petitioner's Challenge to Arbitral Award in Commercial Arbitration Dispute. Court upholds award under Section 34 of Arbitration and Conciliation Act, 1996, finding no patent illegality or conflict with public policy.

22 Jul 2026

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

High Court

Bombay High Court Directs Bank to Refer MSME Loan Account for Restructuring Under RBI Framework - Petitioner's MSME Status Entitles It to Benefit of Framework for Revival and Rehabilitation. The court held that the bank was obligated to refer the stressed MSME account to the Committee for restructuring as per the Government Notification dated 29.05.2015 and RBI Master Direction dated 21.07.2016, following the Supreme Court's decision in Pro Knits.

29 Jan 2026

The petitioners, Vardhan Agro Processing Limited (petitioner No.1, an MSME) and its chairman and shareholder (petitioner No.2), filed a writ petition ...

Tribunals

NCLAT Dismisses Resolution Applicant's Appeals Challenging Rejection of Plan in CIRP of Jabalpur MSW Pvt. Ltd. — No Merit Found in Allegations of Non-Communication or Procedural Irregularity.

28 Mar 2025

The case involves two appeals filed by Sagar Stone Industries, the Resolution Applicant, challenging an order dated 21.02.2025 passed by the Adjudicat...

Tribunals

NCLAT Allows Interim Deposit in CIRP Challenge Based on Pre-Existing Dispute. Appellant permitted to deposit Rs. 1 crore pending final decision, subject to outcome of appeal under Section 9 of Insolvency and Bankruptcy Code, 2016.

27 Nov 2024

The case involves an appeal filed by B. Parvathaiah, erstwhile director of Vivin Drugs & Pharmaceuticals Pvt. Ltd., against an order dated 11.01.2024 ...

Tribunals

NCLAT Allows Personal Guarantor to File Objection to RP Report Under Section 99 IBC — Right of Hearing Not Extinguished by Filing of Report. Personal Guarantor Entitled to File Objections to Resolution Professional's Report Before Adjudicating Authority Passes Order Under Section 99 of Insolvency and Bankruptcy Code, 2016.

1 Nov 2024

The case involves an appeal filed by Comandur Parthasarathy, the personal guarantor, against an order dated 21.10.2024 passed by the National Company ...

Tribunals

NCLAT Upholds Contempt Against Customs and Port Officials for Non-Compliance with Order to Release Goods of Corporate Debtor in Liquidation. Failure to Release Imported Machinery Despite Specific Direction Constitutes Wilful Disobedience Under Contempt of Courts Act, 1971.

9 May 2024

The case involves an appeal against an order of contempt passed by the National Company Law Tribunal (NCLT) against Ravi Kiran Saladi Konda (Deputy Tr...

Supreme Court

Supreme Court Upholds Borrowers' Right to Hearing in RBI Fraud Classification Directions. The Court held that principles of natural justice, specifically audi alteram partem, must be read into the Reserve Bank of India (Frauds Classification and Reporting by Commercial Banks and Select FIs) Directions 2016 to prevent arbitrariness, as classification entails serious civil consequences under Clauses 8.9.4 and 8.9.5.

27 Mar 2023

The civil appeals arose from challenges to the Reserve Bank of India (Frauds Classification and Reporting by Commercial Banks and Select FIs) Directio...

Supreme Court

Supreme Court Dismisses Appeals in Company Law Dispute Over Maintainability of Oppression and Mismanagement Petition. Nomination Under Section 72 of Companies Act, 2013 Vests Rights in Nominee, Excluding Legal Heirs from Claiming Shares for Petition Maintainability Under Sections 241 and 242.

6 Jul 2020

The dispute arose from a family tussle following the death of Mr. Abhey Kumar Oswal, who held significant shares in Oswal Agro Mills Ltd. and Oswal Gr...

High Court

Bombay High Court Quashes Sales Tax Notices Against Axis Bank in Liquidation Proceeding — No Liability for Tax Deducted at Source Under MVAT Act After Company's Winding Up. The Court held that the State cannot recover tax from a secured creditor who had no obligation to deduct tax at source under Section 42 of the Maharashtra Value Added Tax Act, 2002, as the deduction obligation arises only when payment is made to the dealer, and after winding up, the Official Liquidator is the proper authority.

7 Mar 2017

The petitioner, Axis Bank Ltd., a banking company, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court s...

High Court

Bombay High Court Grants Interim Injunction Restraining BCCI from Terminating IPL Franchise Agreement with Deccan Chronicle Holdings Limited. Court Holds Termination Notice Invalid for Not Providing 30-Day Cure Period Under Clause 11.1 of Franchise Agreement.

1 Oct 2012

The petitioner, Deccan Chronicle Holdings Limited (DCHL), filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking to r...

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