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Bombay High Court Dismisses Petition Challenging Arbitral Award in Favor of Liquidator in Loan Recovery Dispute. Breach of Compromise Scheme of Settlement Leads to Revival of Original Award Under Multi State Co-operative Societies Act, 2002.

The case involves a challenge to an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996. The petitioner, the liquidator of M...

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High Court of Bombay Allows Bank of India's Petition for Appointment of Arbitrator in Loan Dispute. Dispute Referred to Arbitration Despite Respondent's Claim of Non-Signatory Status, with Jurisdictional Issue Left to Arbitrator.

The judgment arises from a petition filed by Bank of India under Section 11 of the Arbitration and Conciliation Act, 1996, seeking appointment of an a...

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Bombay High Court Dismisses Second Appeal Under Section 37(3) of Arbitration Act as Not Maintainable — No Second Appeal Lies Against Order Passed in Appeal Under Section 37 of Arbitration and Conciliation Act, 1996.

The appellant, Vinvin Enterprises (P) Limited, filed an Arbitration Petition under Section 37 of the Arbitration and Conciliation Act, 1996, challengi...

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Supreme Court Allows NHAI Appeal, Reduces Compensation for Land Acquisition Under National Highways Act. Arbitrator's Reliance on Single Sale Deed of Dissimilar Land Held Contrary to Section 26(1)(b) of Right to Fair Compensation Act.

The Supreme Court allowed the appeal filed by the National Highways Authority of India (NHAI) against the judgment of the Bombay High Court (Nagpur Be...

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High Court of Karnataka Allows Appeal Against Interim Order Under Section 9 of Arbitration Act — Dispute Over Bank Guarantee Encashment. The court set aside the trial court's order restraining encashment of a bank guarantee, holding that no case of fraud or irretrievable injustice was made out.

The appellant, M/s. Paton Constructions Private Ltd., filed an appeal under Section 37(1)(a) of the Arbitration and Conciliation Act, 1996, against an...

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High Court of Karnataka Allows Appeal in Land Acquisition Compensation Case Under National Highways Act — Enhancement of Compensation Granted Based on Comparable Sale Deeds. Market Value Determined at Rs. 150 per sq. ft. with Additional Benefits Under Section 3G(5) of the National Highways Act, 1956.

The appellant, Sri G. Ravishankar, owned 22,869 sq. ft. of land in Sy. No.49/2 of Aimangala village, Hiriyur Taluk, Chitradurga District, which was ac...

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Supreme Court Grants Leave to Appeal Against High Court Order Upholding CLB's Condonation of Delay in Share Transmission Registration. Core Issue Revolves Around Interpretation of Section 58(3) of Companies Act, 2013 and the CLB's Inherent Powers to Apply Limitation Act Provisions.

The dispute centered on the condonation of a 249-day delay in filing an appeal under Section 58(3) of the Companies Act, 2013 before the Company Law B...

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High Court of Karnataka Considers Application Under Section 434 Companies Act Seeking Transfer of Winding-Up Petition to NCLT. Applicant Argues No Irreversible Steps Taken, Citing Supreme Court Precedent.

The matter arose from a Company Petition filed in 2010 seeking winding up of Broadcast Infratel India Private Limited on grounds of unpaid admitted de...