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Bombay High Court Dismisses Discharge Application of Accused in Bank Fraud Case Due to Prima Facie Evidence of Conspiracy. Allegations of conspiracy between bank officials and partners of a firm to sanction credit facilities beyond limits and misappropriate funds under IPC and PC Act warrant trial.

The applicant, original accused no.5, filed a criminal application under Section 482 of the Code of Criminal Procedure, 1973 challenging the order dat...

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Bombay High Court Dismisses Discharge Application of Accused in Bank Fraud Case Due to Prima Facie Evidence of Conspiracy. Court holds that charge-sheet allegations sufficiently indicate involvement of accused no.5 in criminal conspiracy and misappropriation of bank funds under IPC and PC Act.

The applicant, original accused no.5, filed a criminal application under Section 482 Cr.P.C. challenging the order dated 13/08/2018 passed by the Spec...

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Bombay High Court Dismisses Appeal by Co-operative Society Challenging Auction Sale of Properties for Recovery of Dues Under Maharashtra Co-operative Societies Act, 1960. Sale Confirmed Despite Allegations of Non-Attachment and Improper Upset Price as No Prejudice Shown.

The appellant, Shegaon Taluka Co-operative Agricultural Purchase and Sale Society Limited, filed a Letters Patent Appeal against the judgment of a Sin...

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Bombay High Court Allows Plaintiff's Summary Suit for Recovery of Contractual Payment in Earth Filling Work Dispute. Court holds that plaintiff proved contract and performance, and defendant failed to prove defence of poor quality or inflated claims.

The plaintiff, Mrs. Prabha P. Shenai, carrying on business as a proprietress in civil construction works under the name M/s. Sterling Engineering Co.,...

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High Court of Madras Hears First Appeal against Denial of Specific Performance in Sale Agreement. Trial Court Denied Specific Performance Due to Non-Deposit of Balance Consideration, Appeal Filed Under Section 96 CPC.

The dispute arose from a sale agreement dated 29.02.2016 between the appellant/plaintiff and respondent/defendant for purchase of the suit property fo...

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Bombay High Court Sanctions Scheme of Arrangement in Company Petition for Revival of Sick Pharmaceutical Company. Scheme under Section 391 of Companies Act, 1956, Approved Involving Settlement of Secured Creditors' Dues through Cash and Securities.

The Pharmaceutical Products of India Limited (PPIL), a company incorporated under the Companies Act, 1956, filed two company petitions under Section 3...

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Bombay High Court Allows Appeals Against Appointment of Court Receiver in Favor of Appellants in Commercial Suits Involving Secured Creditors. Appointment of receiver without notice and without considering secured creditors' rights under SARFAESI Act is unsustainable.

The judgment arises from two commercial appeals filed by Future Corporate Resources Pvt Ltd and Ojas Tradelease And Mall Management Pvt Ltd against or...