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Bombay High Court Dismisses Resolution Professional's Writ Petition as Abuse of Process in Slum Rehabilitation Dispute. The court held that the Resolution Professional's petition was a complete abuse of the process of the court and dismissed it with costs.

The petitioner, Rajan Garg, acting as the Resolution Professional of Truly Creative Developers Pvt Ltd, filed a writ petition before the Bombay High C...

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Bombay High Court Allows Official Liquidator's Report in Winding Up of Transpower Engineering Ltd. — Holds Sale by Liquidator is Formal Transfer Not Subject to Differential Premium. Court exercises powers under Section 446(2) of Companies Act, 1956 to waive extension charges claimed by MIDC.

The Official Liquidator filed a report seeking directions regarding the sale of two industrial plots allotted by MIDC to Transpower Engineering Ltd. (...