Search Results for "prospective overruling"

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Supreme Court Dismisses Municipal Corporation's Appeal Against Resolution Plan Approval in Insolvency Case. Municipal Corporation's Prior Consent to Resolution Plan Precludes Later Objections Under IBC.

The Municipal Corporation of Greater Mumbai (MCGM) appealed against the order of the National Company Law Appellate Tribunal (NCLAT) which had upheld ...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation and Exonerates Insurer for Breach of Policy Condition. Vehicle Used as Public Transport Despite Being Insured as Private Vehicle, Violating Section 149 of Motor Vehicles Act, 1988.

The case arises from a motor accident claim filed by the widow and children of Rahul Shirsath, who died in a collision between a MAX (Jeep) and a Milk...

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Bombay High Court Upholds Reinstatement of Driver in MSRTC for Using Intemperate Language in Leave Application, Reduces Back Wages to 50%. Industrial Court's finding of disproportionate punishment for misconduct under Clauses 26 and 28 of Disciplinary and Appeal Procedure is upheld.

The petitioner, Maharashtra State Road Transport Corporation (MSRTC), challenged the order dated 12/6/2001 of the Industrial Court, Nagpur, which rein...

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Bombay High Court Dismisses Petition Challenging Modvat Credit Lapse Provisions in Finance Act, 1999. Retrospective Validation of Rules Causing Lapse of Accumulated Credit Upheld as Within Legislative Competence and Not Violative of Fundamental Rights.

The petitioner, Coral Cosmetics Limited, a company incorporated under the Companies Act, 1956 and registered as a Small Scale Industry, was engaged in...