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Bombay High Court Hears Section 34 Petition Against Arbitral Award Rejecting Securities Claim on Grounds of Forum Shopping. Petitioners Contend That Regulatory Proceedings Against Clearing Member and Arbitration Against Depository Are Distinct, Allowing Simultaneous Pursuit Under Indemnity Principles.

This matter arises from a petition under Section 34 of the Arbitration and Conciliation Act, 1996, filed before the High Court of Judicature at Bombay...

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Bombay High Court Dismisses Petition Challenging Eligibility of Members to Vote in Cooperative Society Elections. Membership Duration Under Section 27(3-A) of Maharashtra Cooperative Societies Act, 1960 Computed from Date of Enrollment or Resolution Admitting Member, Whichever is Earlier.

The petitioners, who are members of Shri Balaji Sahkari Doodh Utpadak Sanstha (a cooperative milk producers society registered under the Maharashtra C...

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Bombay High Court Passes Order on Interim Plea Over Yes Bank Management Rights Claimed by Heirs of Ashok Kapur. Core Issue Involves Interpretation of Articles of Association Regarding Heritability of Co-founder's Defined Privileges Following His Death in 2008 Mumbai Terror Attacks.

The judgment deals with a Notice of Motion taken out by the legal heirs of late Ashok Kapur, co-founder of Yes Bank, who perished in the November 2008...

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Bombay High Court Quashes No-Confidence Motion Against Sarpanch in Bombay Village Panchayat Act Case Due to Procedural Violations. Motion Not Moved or Seconded and No Debate Held Before Voting, Rendering Resolution Void Under Rules 17 and 21-28 of Bombay Village Panchayat Meeting Rules, 1959.

The case arose from a no-confidence motion passed against the Sarpanch of Gram Panchayat Pali, Raigad district, under the Bombay Village Panchayat Act...

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High Court of Karnataka Dismisses Writ Appeals by Primary Milk Co-operative Societies Challenging Election Ineligibility. Eligibility to Vote in District Milk Union Elections Depends on Compliance with Bye-laws Requiring Minimum Milk Supply Under Karnataka Co-operative Societies Act, 1959.

The dispute involved several primary milk producers' co-operative societies registered under the Karnataka Co-operative Societies Act, 1959, appealing...

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High Court of Karnataka Quashes Suspension Order Against Elected Directors of Cooperative Society for Violation of Natural Justice. Show Cause Notice and Suspension Order Issued Under Section 29C of Karnataka Co-operative Societies Act, 1959 Set Aside as No Opportunity of Hearing Was Afforded.

The petitioners, Smt. Kamalamma and Smt. Jayasheelamma, were elected directors of the Ballekere Mahila Milk Producers Co-operative Society Ltd. (respo...

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High Court of Karnataka Quashes Suspension of Elected Directors of Cooperative Society for Violation of Natural Justice. Show Cause Notice and Suspension Order Passed Without Hearing Held Illegal Under Section 29C of Karnataka Co-operative Societies Act, 1959.

The petitioners, Smt. Kamalamma and Smt. Jayasheelamma, were elected directors of the Ballekere Mahila Milk Producers Co-operative Society Ltd. (respo...