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Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...

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Gujarat High Court Dismisses Second Appeal in Trust Land Exchange Dispute — Concurrent Findings of Fact Not Interfered With Under Section 100 CPC. Oral Exchange Agreement from 1956 Not Proved; Possession Not Established; Suit for Declaration and Injunction Dismissed.

The appellant, Shree Nootan Kelavani Mandal, a trust registered under the Bombay Public Trust Act, 1950, filed a Second Appeal under Section 100 of th...

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Bombay High Court Dismisses Challenge to Tender Conditions for Sweeping Contract in Nashik Municipal Corporation — Net Worth and Experience Requirements Upheld. Court holds that Clause 3.2.2 and 3.4.2 of RFQ are not arbitrary or discriminatory and are justified for a long-term public hygiene contract.

The petitioner, M/s. Watergrace Products, a proprietorship firm engaged in solid waste management, challenged certain conditions in a Request for Qual...

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Bombay High Court Partially Allows PWD's Challenge to Arbitral Award in Road Construction Contract Dispute. Court Upholds Damages Beyond 1% Cap Due to Contractor's Abandonment but Reduces Interest Rate from 18% to 9% Simple.

The case arises from three arbitration petitions filed by the Public Works Department (PWD) of Maharashtra under Section 34 of the Arbitration and Con...

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Bombay High Court Dismisses Appeal Against Injunction in Property Sale Dispute — Receipt Held Not Constituting Agreement to Sell. Receipt of earnest money without essential terms of contract cannot be enforced as an agreement to sell under the Specific Relief Act, 1963.

The appellant, Eastern Star Hotels & Resorts Pvt. Ltd., filed an appeal against an order of the Civil Judge, Senior Division, Panaji, which dismissed ...