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Bombay High Court Dismisses Petition to Quash Process in NI Act Case Against Sick Company's Managing Director. Court holds that declaration of a company as sick under SICA does not absolve its directors from criminal liability under Section 138 of the Negotiable Instruments Act, 1881.

The petitioner, Omesh Keshav Karnik, Managing Director of Phoenix Fine Chem Pvt. Ltd., a sick company, filed a Criminal Writ Petition before the Bomba...

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Bombay High Court Considers Quashing of Process Issued Under Section 138 NI Act Against Directors Due to Insolvency Moratorium and Insufficient Averments. Complaint Did Not Specify Role of Each Director and Cheques Were Presented After Moratorium Order Under the Insolvency and Bankruptcy Code, 2016.

Background: Two criminal applications under Section 482 CrPC were filed by nine directors of M/s. Amtek Auto Ltd. seeking quashing of process orders i...

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Bombay High Court Dismisses Writ Petition Challenging Applicability of MIR Act to Electricity Company. Held that the Maharashtra Industrial Relations Act, 1946 applies to the electricity industry under Entry 36 of Schedule I, and the petition was grossly delayed.

The petitioner, Adani Electricity Mumbai Ltd., filed a writ petition challenging the orders of reference dated 20th August 2019 passed by the Chief Co...

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Bombay High Court Allows Petition Challenging Overriding Effect of Legal Metrology Act over Insecticides Act in Labeling Dispute. Insecticides Act, 1968 being a special Act prevails over Legal Metrology Act, 2009 for labeling of insecticides.

The petitioner, Dhanuka Agritech Limited, a company incorporated under the Companies Act, 1956, is engaged in manufacturing and marketing crop protect...

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Bombay High Court Quashes Process Against Directors in Cheque Dishonour Case Due to Lack of Specific Averments. Directors Cannot Be Prosecuted Under Section 138 of Negotiable Instruments Act, 1881 Without Allegations of Their Role in Company's Day-to-Day Affairs.

The petitioners, who were directors of the accused company, filed a criminal writ petition under Article 226 of the Constitution of India read with Se...

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Bombay High Court Dismisses Appeal for Specific Performance of Share Sale Agreement — Plaintiff Failed to Prove Readiness and Willingness to Perform Contract. MOU for Sale of Shares Held Not Enforceable as Plaintiff Did Not Show Financial Capacity to Pay Balance Consideration Within Stipulated Time.

The appellants, plaintiffs in the suit, filed an appeal under Section 96 of the Code of Civil Procedure, 1908, against the judgment of the trial Court...

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High Court of Karnataka Pronounces Order on Writ Petition No. 26754 of 2025 Challenging PMLA Arrest and ECIR Jurisdiction. The court examined the legality of arrest under Section 19 of Prevention of Money-Laundering Act, 2002 based on ECIR registered in Gangtok, Sikkim.

The writ petition was filed by the wife of K.C. Veerendra, who was arrested on 23.08.2025 pursuant to ECIR/BGZO/19/2025 under the Prevention of Money-...