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Bombay High Court Upholds Disqualification of Panchayat Samiti Members for Defying Party Whip in Chairman Election. Disqualification under Section 3(1)(b) of Maharashtra Local Authority (Members Disqualification) Act, 1986 valid as petitioners voted against party candidate despite valid whip.

The petitioners, Tukaram Ganpat Kale and another, were elected as members of Panchayat Samiti, Indapur on 23 February 2007. Respondent No.1, Ankush Ko...

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Bombay High Court Dismisses Appeal in Share Dispute Case — Upholds Trial Court's Refusal of Interim Injunction. Court held that the appellants failed to establish a prima facie case for restraining the pledge of shares, as the shares were not proved to be held in a fiduciary capacity.

The case involves a dispute between two branches of the Arya family over shares of Arya Iron & Steel Co. Pvt. Ltd. The appellants, Ravi Arya and other...

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Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Sets Aside Rejection of Section 8 Application. Development Agreement Contains Valid Arbitration Clause, Disputes Must Be Referred to Arbitration.

The Appellant, Om Swayambhu Siddhivinayak, filed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, challenging an order dated ...

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Bombay High Court Dismisses Petition Challenging Cooperative Society Registration — Petitioner Lacks Locus Standi as Non-Member. Registration of Dayal Smruti Cooperative Housing Society under Maharashtra Cooperative Societies Act, 1960 upheld as petitioner was not a member and had no right to object.

The petitioner, Rachana Developers, a registered partnership firm, filed a writ petition under Article 226 of the Constitution of India before the Bom...

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High Court of Bombay Dismisses Applications to Vacate Arrest of Vessels in Bunker Supply Disputes Involving Insolvent Intermediary. Maritime Claim for Bunkers Supplied to Vessel Held Enforceable In Rem Despite Lack of Privity Between Supplier and Owner.

The High Court of Bombay heard two notices of motion filed by the defendants in two admiralty suits seeking to vacate the arrest of their vessels. The...

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Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act, 1961 for Lack of Reasonable Belief and Change of Opinion. Reassessment Beyond Four Years Invalid Without Allegation of Failure to Disclose Material Facts.

The petitioner, Nivi Trading Limited, a private limited company, filed its return of income for Assessment Year 2010-11 on 15th September 2010 declari...