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Bombay High Court Quashes Criminal Proceedings in Extortion Case Due to Settlement Between Parties. Offences Under Sections 386, 387, 447, 506, 109 IPC Are Compoundable or Non-Serious, and Continuation Would Be Futile.

The applicants (accused) filed an application under Section 482 of the Code of Criminal Procedure, 1973, seeking quashing of RCC No.3212 of 2015 arisi...

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Bombay High Court Allows Resolution Professional to Continue CIRP Under IBC Despite Pending Winding-Up Petition Under Companies Act, 1956. Leave under Section 446 of Companies Act, 1956 granted to proceed with Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016.

The judgment concerns Company Application No. 10 of 2017 filed by the Resolution Professional of Murli Industries Limited (the corporate debtor) under...

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Supreme Court Considers Scope of Section 45 of Arbitration and Conciliation Act in International Commercial Disputes. Multiple Issues Framed on Reference to Arbitration in Multi-Party Joint Venture Agreements.

The dispute arose from a series of joint venture and ancillary agreements executed between Indian company Chloro Controls (I) P. Ltd. and foreign coll...

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Karnataka High Court Division Bench Hears Builder's Appeal Against Single Judge's Order Partly Quashing Stop Construction Notice and Directing Objections Under KIAD Act. The Full Bench Reserves Judgment on 06-02-2014, but the Final Decision is Not Available in the Provided Incomplete Text.

The case involves writ appeals filed by M/s Century Central, a registered partnership firm, challenging the order dated 02/07/2013 passed by a learned...

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High Court of Bombay Disposes of Writ Petition Concerning Stop-Work Notice for Construction Project. Dispute Centered on Measurement of Land and Prior Court Order Permitting Construction at Developer's Own Risk.

The litigation concerns a construction project undertaken by M/s.Shantai Group, a builder-developer partnership firm, in Pimpri-Chinchwad, Pune. The d...

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High Court of Bombay Hears Petition to Quash Criminal Proceedings Based on SEBI Consent Order. The Court Reviews the Effect of Consent Order under Sections 11 and 11B of the SEBI Act on Pending Trial for Offences under Indian Penal Code and Prevention of Corruption Act.

The petitioner, an accused in two criminal cases arising from alleged illegalities in the Initial Public Offerings (IPOs) of Yes Bank Limited and Infr...

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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...