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Supreme Court Dismisses MSME Appeals Holding Restructuring Notification Directory. Banks/NBFCs Not Obliged to Restructure MSME Accounts Suo Moto Under Section 9 MSMED Act Before SARFAESI Action.

The Supreme Court dismissed a batch of appeals filed by MSMEs challenging the Bombay High Court's order that Banks/NBFCs are not obliged to adopt the ...

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Supreme Court Upholds Divorce Decree in Hindu Marriage Act Case Due to Irretrievable Breakdown of Marriage and Husband's Remarriage. Permanent Alimony of Rs. 15 Lakhs Awarded to Wife Considering Financial Disparity and Need for Support.

The marriage between the appellant-wife and respondent-husband was solemnized on 27.06.2012. The husband filed for divorce under Section 13 of the Hin...

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Bombay High Court Allows Impleadment of Legal Heirs in Arbitration Petitions Under Sections 9 and 11 of the Arbitration and Conciliation Act, 1996. The court granted leave to amend pleadings to bring legal heirs of deceased partners on record, dispensing with reverification.

The judgment pertains to four matters: Arbitration Petition No.290 of 2022, Arbitration Petition No.295 of 2022, Arbitration Application No.92 of 2022...

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High Court Dismisses Arbitration Petitions Under Section 34 of Arbitration and Conciliation Act, 1996 — Upholds Arbitrator's Awards in Charterparty Dispute. Court Confirms That Arbitrator's Findings on Breach of Contract and Damages Are Not Open to Reappraisal Under Section 34.

The Petitioner, Rashtriya Chemicals & Fertilizers Ltd. (RCF), a public sector company, entered into an Agreement of Affreightment with the Respondent,...

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Bombay High Court Dismisses Husband's Application for Perjury Proceedings Against Wife in Family Court Appeal. False statements in pleadings alone do not warrant prosecution under Section 340 Cr.P.C. without proof of intentional falsehood and necessity for prosecution.

The applicant, Dr. Santosh Chandrashekar Shetty (husband), filed a Civil Application under Section 340 of the Code of Criminal Procedure, 1973, seekin...

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Bombay High Court Allows Removal of Assets in Commercial Suit Despite Arbitration Clause — Interim Relief Granted Under Order 39 CPC. Trial Court Directed to Decide Interim Application on Merits Without Considering Maintainability Based on Arbitration Clause.

The petitioner, INOX Leisure Limited, filed a commercial suit against Indo Pacific Projects Limited seeking recovery of security deposit and permissio...