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Bombay High Court Sets Aside Trial Court's Order on Court-Fees Valuation in Suit for Registration under Section 77 of Registration Act. Suit for Enforcement of Statutory Obligation Not Susceptible of Monetary Valuation, Governed by Section 6(iv)(j) of Bombay Court-fees Act, 1958, Not Section 6(xi).

The petitioners, as plaintiffs, filed a suit in the Court of Civil Judge, Junior Division, Pune under Section 77 of the Registration Act, 1908, seekin...

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Bombay High Court at Aurangabad Hears Letters Patent Appeal Against Dismissal of Review in Kulkarni Watan Land Regrant Case. Decides on Rights of Purchaser Versus Successors of Original Watandar Under Bombay Paragana and Kulkarni Watans (Abolition) Act, 1950.

The dispute involved lands bearing Survey Nos. 135 and 144 at Jamda, Jalgaon, originally held as Kulkarni Watan. In 1944, the vendor Ramchandra Tembul...

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Bombay High Court Passes Judgment on Enforcement of Foreign Arbitral Award under Sections 47-49 of the Arbitration and Conciliation Act, 1996. Dispute arose from Share Subscription Agreement and Put Option Deed involving investment exit rights.

The petitioner, Banyan Tree Growth Capital L.L.C., a Mauritian investment fund, had invested approximately USD 7.5 million in Axiom Cordages Limited, ...

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Bombay High Court Quashes IDBI Bank's Wilful Defaulter Declaration Against Non-Executive Director. The Court Holds that Failure to Provide Copies of Documents and Fair Hearing Violates Principles of Natural Justice and RBI Guidelines.

Background: The writ petition was filed by a non-executive director of Ruchi Soya Industries Limited, a public listed company, challenging his declara...

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Supreme Court Allows Defendant’s Appeal and Dismisses Plaintiff’s Appeal in Specific Performance Suit. Oral Agreement to Reconvey Property Not Proved; Decree Based on Defendant’s Written Statement Admission Set Aside Due to Non-Acceptance by Plaintiff.

The dispute arose from a suit for specific performance of an oral agreement to reconvey property. The plaintiff, originally the owner of the suit prop...