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Supreme Court Allows Insolvency Proceedings Under IBC Over Defunct Scheme of Arrangement -- IBC Prevails Over Companies Act in Recovery of Defaulted Loans

The Supreme Court allowed an appeal against the Company Law Appellate Tribunal's order that kept in abeyance an application under Section 7 of the Ins...

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Bombay High Court Hears Criminal Writ Petition Against Order Rejecting Discharge Application in Corruption Case. Allegations of Cheating and Criminal Conspiracy Under Sections 120B, 420 IPC and Section 13(2) r/w 13(1)(d) of Prevention of Corruption Act, 1988.

The criminal writ petition was filed in 2004 under Article 226 of the Constitution of India challenging the order of the Special Judge for C.B.I., Gre...

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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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Bombay High Court Allows Writ Petition for Release of Retirement Benefits Withheld Due to Caste Certificate Dispute — DOPT Circular Cannot Be Applied Retrospectively Without Following Principles of Natural Justice.

The petitioner, Dilip Chintaman Nandankar, was a Development Officer appointed on 20.05.1987 in the Scheduled Tribe (ST) category in the New India Ass...

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Bombay High Court Allows State's Petition Challenging NCLT Order De-freezing MPID Attached Accounts. MPID Act Overrides IBC for Attachment and Confiscation of Properties of Financial Establishments.

The State of Maharashtra, through the Deputy Collector and Competent Authority (NSEL), filed a writ petition under Articles 226 and 227 of the Constit...

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Bombay High Court Dismisses State's Writ Petitions Challenging Labour Court Awards in Muster Roll Employee Reinstatement Cases. Muster Roll Employees Working for 240 Days in a Calendar Year Are Entitled to Reinstatement Under Section 25-F of the Industrial Disputes Act, 1947.

The present batch of writ petitions was filed by the State of Maharashtra and its officers challenging the common judgment and order passed by the Lab...