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Supreme Court Allows Appointment of Arbitrator in Dispute Over Encashment of Performance Bank Guarantee After Full Contractual Performance. Arbitration Clause Covers Dispute Despite Completion of Contract and Payment.

The petitioner, M/S Glock Asia-Pacific Ltd., filed an application under Section 11(6) of the Arbitration and Conciliation Act, 1996, seeking appointme...

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Supreme Court Allows Appeal in Seniority Dispute Over Probation Period — Confirmation Dates Back to Initial Appointment. Movement from Semi-Skilled to Skilled Grade is Confirmation/Upgradation, Not Promotion, and Seniority Must Be Fixed from Date of Initial Appointment.

The Supreme Court allowed the appeal filed by V. Vincent Velankanni against the Union of India and others, setting aside the judgment of the Madras Hi...

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Bombay High Court Dismisses Municipal Corporation's Petition and Upholds Gratuity Payment with Interest. Withholding of Gratuity Pending Departmental Enquiry Without Forfeiture Order Violates Payment of Gratuity Act, 1972; Interest Awarded Under Section 7(3-A).

The Municipal Corporation of Greater Mumbai withheld the gratuity of a retired employee, Shri Vitthal Anna Kamble, on the ground that a departmental e...

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Bombay High Court Dismisses Petition Challenging Termination of Managing Director by ICICI Bank. Court upholds termination based on adverse enquiry report and RBI approval, rejecting challenge to communication of approval.

The petitioner, Chanda Deepak Kochhar, was the Managing Director and CEO of ICICI Bank. She joined the bank in 1984 and held various positions until h...

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Bombay High Court Dismisses Bank's Petition Challenging Gratuity Payment to Terminated Employee. Forfeiture of Gratuity Under Section 4(6) of Payment of Gratuity Act, 1972 Requires Loss of Property or Moral Turpitude, Not Mere Misconduct.

The petitioner, The Jalgaon District Central Co-operative Bank Limited, challenged an order dated 09.10.2024 passed by the Appellate Authority/Industr...