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High Court of Karnataka Dismisses Appeal for Non-Prosecution in Partition Suit — Appellant Absent Despite Adjournments. Failure to Appear Leads to Dismissal Under Order XLI Rule 17 CPC.

The appellant, Domegunta Venkatasesha Reddy, filed a Regular First Appeal under the Partition Act before the High Court of Karnataka at Bengaluru agai...

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Bombay High Court Dismisses Debtors' Motion to Set Aside Insolvency Notice in Consent Decree Dispute. Failure to Pay Agreed Amount by Stipulated Date Renders Debtors Liable for Full Decretal Amount Under Presidency Towns Insolvency Act, 1909.

The petitioning creditor, Videocon Industries Ltd., filed Suit No. 1891 of 2000 against M/s Akar Laminators and the two judgment debtors, V.T. Seth & ...

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Bombay High Court Upholds Restoration of Winding Up Petition and Appointment of Official Liquidator in Consent Terms Default Case. Clause 4 of consent terms provided for automatic appointment of Official Liquidator on two consecutive defaults, and subsequent MoU did not supersede the consent terms.

The respondent, Wall Street Finance Ltd., filed Company Petition No.298 of 1997 against M/s. Corporate Couriers Ltd. and others (the appellants) for w...

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Bombay High Court Dismisses Petition Challenging Order Under Section 79AA of Maharashtra Co-operative Societies Act, 1960. Court upholds order directing bank to extend interest subvention scheme to cooperative spinning mill, finding no error in the concurrent decisions of the authorities.

The petitioner, Kolhapur District Central Cooperative Bank Ltd., challenged the judgment and order dated 13th July 2018 passed by the State of Maharas...

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Bombay High Court Allows Petition Challenging DJR's Order in Co-operative Society Dispute. DJR Exceeded Jurisdiction by Re-appreciating Evidence in Disqualification of Defaulting Directors Under Section 152 of Maharashtra Co-operative Societies Act, 1960.

The petitioner, Pravin Indarchand Jain, a member of Mahavir Nagari Sahakari Patpedhi Maryadit Chopda (Mahavir Society), filed complaints before the Di...

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High Court of Karnataka Dismisses Appeal by Corporate Debtor Against Banks in SARFAESI Act Proceedings — Civil Suit Barred Under Section 34 of SARFAESI Act as Alternative Remedy Under Section 17 Before DRT Exists.

The appellant, Kingfisher Airlines Limited, a company registered under the Companies Act, 1956, had availed various credit facilities from a consortiu...

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Supreme Court Allows Appeal in Preemption Decree Default Case – Stay of Execution Did Not Extend Time for Deposit. Interpretation of Order XX Rule 14 CPC Concerning Automatic Extension of Time After Stay.

The Supreme Court considered the effect of a stay of execution on a time-bound direction to deposit purchase money in a preemption decree. The decree-...