Search Results for "managing director liability"

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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 Acquits Accused in Murder Case Due to Incredible Dying Declaration...
Supreme Court Enhances Child Maintenance and Grants Interim Medical Maintenance ...

Search Results for "managing director liability"

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High Court

High Court of Karnataka Dismisses Petition by Foreign Shareholder Challenging Constitutional Validity of Section 272(1)(e) Companies Act, 2013. Section 272(1)(e) is not ultra vires the Constitution; second proviso to Section 272(3) does not apply to petitions under Section 272(1)(e).

28 Apr 2021

The petitioner, Devas Employees Mauritius Private Limited, a company incorporated under the laws of Mauritius and a shareholder of Devas Multimedia Pr...

High Court

Bombay High Court Adjudicates Commercial Arbitration Petition Challenging Majority Arbitral Award on Royalty Liability for Earthwork. Liability for Royalty on Ordinary Earth Used in Embankment Held by Arbitral Tribunal to be Borne by Employer, Section 34 Petition Filed Challenging Interpretation of Contract Clauses.

14 Nov 2025

The matter involved a challenge under Section 34 of the Arbitration and Conciliation Act, 1996 to a majority arbitral award dated 22nd May 2020 arisin...

Supreme Court

Supreme Court Hears Civil Appeals Against SEBI's Attachment Orders – Appellants Challenge Levy of Retrospective Interest on Penalty Without Express Provision in Adjudication Order. The core question was whether the Recovery Officer could demand interest at 12% p.a. from the date of original adjudication orders under Section 28A SEBI Act read with Section 220 Income Tax Act in absence of a prior direction for interest, and whether Explanation 4 inserted in 2019 applies retrospectively to pre-existing orders.

26 Jul 2026

The appeals arose from the dismissal by the Securities Appellate Tribunal of challenges to attachment notices issued by the Securities and Exchange Bo...

High Court

High Court of Karnataka Quashes Criminal Proceedings Against Company and Chairman in TDS Default Case — Failure to Remit TDS Not an Offence Under Section 276-B of Income Tax Act if Tax is Subsequently Paid with Interest. The court held that the prosecution under Section 276-B read with Section 278-B of the Income Tax Act, 1961 is not maintainable when the deducted tax has been paid along with interest before the initiation of proceedings.

18 Jan 2014

The petitioners, M/s Kingfisher Airlines Ltd. and its Chairman and Managing Director, Sri Vijay Mallya, filed three criminal petitions under Section 4...

High Court

Special Court at Bombay Delivers Judgment in Securities Fraud Case — Accused Face Charges Under IPC and Prevention of Corruption Act for Cheating, Forgery, and Criminal Conspiracy

1 Nov 2018

This criminal case arises from the 1992 securities scam, which severely impacted India's economy. The prosecution alleged that multiple accused person...

Supreme Court

Supreme Court Dismisses Appeal by Power Generator Against Termination of PPA — Holds That Failure to Secure Fuel Supply Agreement Does Not Justify Termination Where PPA Does Not Condition Power Supply on Specific Coal Source

2 Jul 2019

The case involves a dispute between M/s Adani Power (Mundra) Ltd. (appellant) and Gujarat Electricity Regulatory Commission and others (respondents), ...

High Court

High Court of Bombay at Aurangabad Allows Second Appeals in Part, Remands Suits for Fresh Consideration on Issue of Limitation and Entitlement to Interest in Recovery Suits by Small Scale Industrial Unit against State Corporation. The court held that the lower appellate court failed to properly consider the applicable articles of the Limitation Act and the entitlement to interest under the Interest Act.

30 Nov -0001

The appellant, Dattatray s/o Shankarrao Borgaonkar, proprietor of Shree Industries, a small scale industrial unit, filed three suits (Special Civil Su...

High Court

High Court of Bombay Hears Section 9 Petition for Interim Measures in Commercial Matter. Arbitration Act, 1996 invoked for pre-arbitral relief in a contractual dispute.

6 May 2025

This petition, filed under Section 9 of the Arbitration and Conciliation Act, 1996, sought interim measures from the Bombay High Court. The petitioner...

High Court

Bombay High Court Hears Appeal Against Company Law Board Order Dismissing Petition. Court Frames Questions on Applicability of Section 111A and Section 43A of Companies Act, 1956 to Deemed Public Company.

14 Jun 2011

The appeal arose from a company petition filed by the appellants, members of the Kavasmaneck family, before the Company Law Board, Mumbai, alleging op...

High Court

High Court of Judicature at Bombay Aurangabad Bench Hears First Appeals Against Common Decree in Two Special Civil Suits; Dispute Involves Recovery for Liquor Supplies and Refund of Security Deposit, Raising Issues of Adjustment, Burden of Proof, and Competency to Sue

16 Feb 2015

These three first appeals under Section 96 of the Code of Civil Procedure, 1908 arise from a common judgment dated 11-10-1999 by the 4th Joint Civil J...

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