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Bombay High Court Allows Appeal of Secured Creditor Against Official Liquidator's Reassessment of Claim in Winding-Up Proceedings. Official Liquidator's Reassessment Set Aside for Violation of Natural Justice as No Notice or Hearing Was Given to the Creditor.

The appeal arises from an order dated 23 June 2017 passed by a learned Single Judge of the Bombay High Court allowing the Official Liquidator's Report...

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Bombay High Court Directs Police to Provide Aid for Taking Possession Under Section 14 of SARFAESI Act. Bank's Application Allowed as Police Failed to Assist Court Commissioner Despite Magistrate's Order.

The petitioner, Corporation Bank, had advanced loan facilities to M/s. Ankur Iron India Private Limited, which defaulted in repayment. The Bank initia...

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High Court of Bombay Hears Petition to Quash Criminal Proceedings Based on SEBI Consent Order. The Court Reviews the Effect of Consent Order under Sections 11 and 11B of the SEBI Act on Pending Trial for Offences under Indian Penal Code and Prevention of Corruption Act.

The petitioner, an accused in two criminal cases arising from alleged illegalities in the Initial Public Offerings (IPOs) of Yes Bank Limited and Infr...

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Bombay High Court Examines Autonomy of Engineering College and State's Power to Nullify Appointments. Multiple Writ Petitions Challenge Order Terminating 54 Lecturers at College of Engineering, Pune under TEQIP Autonomy.

The case involved three writ petitions before the Bombay High Court concerning the autonomy of the College of Engineering, Pune (CoEP) and the State G...

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Bombay High Court considers legality of State interference in recruitment by an autonomous technical institute. The dispute centers on the scope of autonomy under Government Resolutions and the power of the Board of Governors to make appointments without State oversight.

The College of Engineering, Pune (CoEP), established in 1854, is a premier technical institute. In 2002, under the Technical Education Quality Improve...

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Supreme Court Allows Banks to Deny Legal Representation in Wilful Defaulter Proceedings. In-House Committees of Banks Are Not Tribunals Under Section 30 of Advocates Act, 1961, and Right to Lawyer Is Not Part of Natural Justice.

The Supreme Court considered appeals against the Delhi High Court judgment which held that a borrower is entitled to be represented by a lawyer before...

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Supreme Court Allows Appeals of Transmission Corporation and Regulatory Commission in Electricity Tariff Disputes. Wheeling Charges and Grid Support Charges Upheld as Valid Levies Under Andhra Pradesh Electricity Reforms Act, 1998.

The Supreme Court of India heard a batch of appeals concerning the levy of wheeling charges and grid support charges by the Transmission Corporation o...