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High Court of Bombay Hears Section 34 Petition Concerning Forfeiture of Bid Securities in Tender Process. The Petition Questions Whether the Arbitrator Correctly Interpreted Clause 19.6 of the Tender Instructions and the Law on Bank Guarantees.

The dispute arose out of a tender process floated by the Maharashtra State Electricity Distribution Company Limited for supply, construction, and comm...

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Bombay High Court Dismisses Petition Challenging Withdrawal of College Affiliation for Non-Compliance with University Norms. Petitioner's College Failed to Meet Minimum Standards Despite Repeated Opportunities, and Allegations of Vendetta Were Unsubstantiated.

The petitioner, Sanjeevan Gramin Vaidyakiya & Samajik Sahayata Pratishthan, a registered public trust and society, runs an Arts, Commerce and Science ...

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Supreme Court Allows Promoter's Appeal in IBC Withdrawal Case — Commercial Wisdom of Committee of Creditors Cannot Be Overridden by NCLT/NCLAT. Settlement Plan Approved by 94.23% Voting Share Under Section 12A of Insolvency and Bankruptcy Code, 2016 Must Be Respected.

The case involves appeals by Vallal RCK, the promoter of M/s Siva Industries and Holdings Limited (Corporate Debtor), against the common judgment of t...

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High Court Appoints Arbitrator in Dispute Under Arbitration and Conciliation Act, 1996 After Previous Arbitrator's Withdrawal Due to Ill Health

The High Court of Bombay heard two commercial arbitration applications filed by Applicants seeking appointment of an arbitrator under Section 11 of th...

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Bombay High Court Quashes Withdrawal of Recognition of Ashram Schools for Violation of Natural Justice. Orders Passed Without Show-Cause Notice and Hearing Set Aside as Unauthorized Under Maharashtra Ashram Schools (Establishment, Recognition and Grant-in-Aid) Rules, 2011.

The petitioners, Rashtriya Shikshan Sangh and four ashram schools run by it, challenged orders dated 9th October 2012 passed by the State of Maharasht...

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Karnataka High Court Pronounces Final Order in Writ Petition Challenging Minutes of Committee of Creditors Meeting under IBC, 2016. Key Issue Involved Adequacy of Notice under Section 24 and Natural Justice in Approval of Resolution Plan.

The writ petitioner, a suspended director of Associate Decor Limited (a company under corporate insolvency resolution process), challenged the minutes...