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Bombay High Court Restrains Encashment of Bank Guarantee in Arbitration Dispute Between Contractor and Sub-Contractor. Court finds that invocation of bank guarantee was fraudulent and would cause irretrievable injustice to the petitioner.

The petitioner, Simplex Infrastructure Limited, a civil and structural construction company, entered into a sub-contract with respondent No. 1, Siemen...

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Bombay High Court Allows PF Commissioner's Claim for Interest Under Section 7Q Up to Winding Up Date in Company Liquidation. Priority Under Section 11(2) of PF Act Extends to All Dues Including Interest, But Damages Under Section 14B Must Be Levied Prior to Winding Up.

The Regional Provident Fund Commissioner, Thane, filed a Company Application challenging the adjudication order of the Official Liquidator of M/s. Zod...

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Bombay High Court Allows PF Commissioner's Challenge Against Official Liquidator's Rejection of Damages and Interest Claims in Winding Up. Priority under Section 11(2) of Employees' Provident Funds and Miscellaneous Provisions Act, 1952 extends to damages under Section 14B and interest under Section 7Q.

The Regional Provident Fund Commissioner, Thane, filed a Company Application challenging the adjudication order of the Official Liquidator, High Court...

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Bombay High Court Quashes FIR in Cheating Case Due to Civil Nature of Dispute — Contractual Breach Without Deception Does Not Attract Section 420 IPC.

The petitioner, Sussanne Khan, a sole proprietor of a design firm, was engaged by the respondent no. 3, Mudhit Gupta, under a written contract to prov...

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High Court Quashes FIR Against Bank Officials and BGR Energy Executives in Bank Guarantee Dispute -- No Criminal Intent Found in Commercial Transaction Under IPC Sections 420, 403, 406, 418, 425, 427 read with 34

The High Court quashed an FIR registered against bank officials and company executives alleging criminal offences in connection with bank guarantee tr...

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High Court of Karnataka Dismisses Contempt Petition and Allows Writ Appeals in Tender Cancellation Dispute. Court holds that cancellation of tender due to change in government policy does not amount to willful disobedience of court order under Sections 11 and 12 of the Contempt of Courts Act, 1971.

The case involves a dispute over a tender issued by the State of Karnataka for the selection of a creative agency for the 'Invest Karnataka 2022' even...

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High Court of Karnataka Enhances Compensation in Motor Accident Claim Case — Appellants Awarded Rs. 40,00,000 with 6% Interest. Negligence of Driver Proved, Insurance Company Liable to Pay Compensation.

The appeal was filed by the legal representatives of the deceased Satyappa Satyanaikar, who died in a motor vehicle accident on 10.01.2016. The claima...