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Bombay High Court Partially Allows Section 34 Petition Against Arbitral Award in Commodity Trading Dispute — Holds That Arbitral Tribunal Erred in Rejecting Claim for Unauthorized Trades Without Considering Evidence of Unauthorized Transactions.

The petitioner, Mrs. Kaberi Mondal, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging portions of an arbitr...

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High Court of Judicature at Bombay Adjudicates Letter of Credit Dispute in Common Judgment for Two Suits Arising from Alleged Discrepant Documents. Bank's Liability for Wrongful Debit Examined Under UCP 290 with Emphasis on Strict Compliance and Discrepancy in Shipping Documents.

Two suits were filed arising from a documentary import Letter of Credit facility granted by State Bank of India to Dadlani Silk Stores. Suit No. 1012 ...

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Bombay High Court Dismisses Second Appeal in Summary Suit for Recovery of Balance Consideration Under Agreement for Sale. Court holds that leave to defend cannot be granted on the basis of vague and unsubstantiated allegations of payment in cash, and that the defendant failed to raise a triable issue.

The appellant-defendant, Vikram Trimbak Pawar, entered into an Agreement for Sale dated 23 November 2016 with the respondent-plaintiff, Technocrat Con...

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Bombay High Court Dismisses Arbitration Petition Against Housing Society and Flat Owners for Lack of Arbitrable Dispute. Dispute over alleged oral agreement for redevelopment of building not covered by arbitration clause in share certificate.

The petitioner, M/s Heritage Lifestyle & Developers Ltd., filed an arbitration petition under Section 11 of the Arbitration and Conciliation Act, 1996...

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Bombay High Court Dismisses Employer's Challenge to Labour Court Awards in Milk Union Retrenchment Cases. Retrenchment of Daily Wagers Without Compliance with Section 25-F of Industrial Disputes Act, 1947 Held Illegal.

The petitioner, Solapur Zilla Sahakari Dudh Utpadak Sangh, a cooperative milk union, challenged multiple awards passed by the Labour Court, Solapur, i...

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High Court of Karnataka Dismisses Second Appeal in Specific Performance Suit — Concurrent Findings of Fact Not Interfered With. Agreement to Sell Not Proved as Plaintiff Failed to Establish Readiness and Willingness to Perform Contract.

The appellant, Sri Bylamurthy, filed a Regular Second Appeal under Section 100 of the Code of Civil Procedure, 1908, against the concurrent judgments ...

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Supreme Court Allows Homebuyers' Appeal in Consumer Dispute Against Developer — Interest on Balance Amount Quashed. Developer Failed to Deliver Possession by Scheduled Date Despite 90% Payment, Cannot Charge Interest on Balance from Homebuyers.

The appeal was filed by homebuyers against the final order of the National Consumer Disputes Redressal Commission (NCDRC) dated 23rd January 2023 in C...

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Supreme Court Facilitates Settlement in Consumer Dispute Involving Flat Buyers, Builder, and Bank Under Consumer Protection Act. Court Records Amicable Resolution Terms Including Waiver of Charges, Interest Discounts, and Payment Adjustments, Directing Compliance with Timelines.

The Supreme Court dealt with appeals under Section 23 of the Consumer Protection Act, 1986, against a common judgment of the National Consumer Dispute...

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Bombay High Court Allows Suit for Recovery of Price of Goods Sold and Delivered in Contract for Supply of Hoist. Defendant Liable to Pay Balance Price with Interest for Breach of Contract.

The plaintiffs, New Standard Engg. Co. Ltd., filed a suit against Karnataka Power Corpn. Ltd. for recovery of Rs. 3,08,650/- with interest on Rs. 1,75...