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High Court of Bombay at Goa Dismisses Appeal in Contract for Supply of Rails — Upholds Decree for Recovery of Amount for Short Supply. Appellant liable to pay Rs.2,71,873/- with interest at 10% per annum from 15-12-1987 for short supply of 16.263 metric tonnes of rails.

The respondent, State of Goa through the Executive Engineer, filed a suit for recovery of Rs.2,71,873/- against the appellant, M/s. H. L. Nathurmal, f...

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High Court of Bombay Hears Section 34 Petition Concerning Forfeiture of Bid Securities in Tender Process. The Petition Questions Whether the Arbitrator Correctly Interpreted Clause 19.6 of the Tender Instructions and the Law on Bank Guarantees.

The dispute arose out of a tender process floated by the Maharashtra State Electricity Distribution Company Limited for supply, construction, and comm...

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High Court of Bombay Hears Section 34 Petition Challenging Arbitral Award in Railway Laundry Contract. Petition Questions Recovery Rate for Lost Linen, Delay Penalty, Penalty Cap, and Fixed Cost Compensation Under the Arbitration Act, 1996.

The Central Railway filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dated 7 March 2024 ...

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High Court of Judicature at Bombay, Nagpur Bench, Considers Petitions Against Infrastructure Cost Levies by Nagpur Metropolitan Regional Development Authority. The Petitions Raise Constitutional and Statutory Challenges Under Articles 14, 265 and the Maharashtra Regional Town Planning Act, 1966.

The dispute arose from demands for infrastructure cost and STP charges made by the Nagpur Metropolitan Regional Development Authority (NMRDA) against ...

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NCLAT Dismisses Appeal of BEST Undertaking Against Liquidator's Rejection of Interest Claim and Secured Creditor Status in Liquidation of Spark Green Energy. Interest-Free Deposit Does Not Attract Interest, and Unregistered Charge Does Not Confer Secured Status Under IBC.

The appeal was filed by Brihanmumbai Electricity Supply and Transport Undertaking (BEST) against an order of the Adjudicating Authority (NCLT Mumbai B...

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Bombay High Court Quashes EPF Recovery Orders Against Closed Cooperative Society — No Employees, No Liability Under EPF Act. Ginning Factory Closed Since 2003 with Disconnected Electricity Supply; Impugned Orders for Period After Closure Set Aside.

The petitioner, M/s. Utkarsha Vividha Karyakari Sahakari Society, a cooperative society registered under the Maharashtra Co-operative Societies Act, r...