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Bombay High Court Dismisses Bank's Arbitration Petitions Against Guarantors Due to Limitation and Lack of Arbitration Agreement. The court held that claims against guarantors were barred by limitation and that the arbitration clause in the loan agreement did not extend to guarantors who were not signatories.

The case involves three arbitration petitions filed by Abhyudaya Co-operative Bank Ltd. against various respondents, including Rainproof Exports Pvt. ...

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Supreme Court Quashes Industrial Dispute Reference Due to Procedural Irregularity in Conciliation Initiation Under Industrial Disputes Act

The Supreme Court allowed the civil appeal filed by Appellants challenging the reference of industrial dispute to Industrial Court, Aurangabad -- The ...

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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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Bombay High Court Allows Petition Challenging Rejection of Application to Reject Plaint in Suit for Specific Performance. Suit for specific performance of agreement for sale filed after ten years from the stipulated date of performance is barred by limitation under Article 54 of Limitation Act, 1963.

The petitioners, who were defendants in a suit for specific performance, challenged an order of the City Civil Court, Mumbai, which rejected their app...

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Madras High Court Dismisses Writ Petition Challenging Order Under HR&CE Act Due to Availability of Alternative Remedy. Statutory Appeal Under Section 69 of Tamil Nadu Hindu Religious and Charitable Endowments Act, 1959 Renders Writ Petition Not Maintainable.

The writ petition was filed under Article 226 of the Constitution of India by a registered society representing Thriswathanthirargal (Sthalathars) cla...

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High Court of Karnataka Hears Petitions Seeking Quashing of Criminal Proceedings in Land Grant Fraud Case. Petitioners Argue Complaint Lacks Specific Allegations and Trial Court Erred in Ordering Investigation.

Three criminal petitions were filed under Section 482 of the Code of Criminal Procedure, 1973 by accused Nos. 2 to 4 in PCR No.30/2012 seeking to quas...