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Bombay High Court Dismisses Appeal by Guarantors in SFC Act Recovery Case — Directors Held Jointly and Severally Liable for Company Loan. Guarantors Cannot Raise Defences of Principal Debtor Under Section 31(1)(aa) of State Financial Corporation Act, 1951.

The appeal arises from a judgment dated 19th September 2007 passed by the learned Adhoc District Judge, Pune, in Miscellaneous Civil Petition No.859 o...

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Bombay High Court Dismisses Revision Application of Councilor Challenging Disqualification for Contract with Municipal Corporation. Contract with Corporation Through Proprietary Firm Attracts Disqualification Under Section 10(i)(f) of Bombay Provincial Municipal Corporation Act, 1949.

The applicant, Manohar Krishna Madhavi, contested and won the election for councilor from ward no. 38 of Navi Mumbai Municipal Corporation in March 20...

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Bombay High Court Examines Whether Writ Petition Lies Against National Stock Exchange for Termination. Maintainability Questioned on Grounds That NSE is Not State Under Article 12 and Dispute is Contractual.

The petitioner, Suprabhat Lala, was appointed as a Manager with the National Stock Exchange (NSE) on 1 October 2001 under terms and conditions set out...

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Madras High Court Allows Writ Petition Challenging Refusal to Register Settlement Deed Due to Non-Application of Mind by Sub-Registrar. Sub-Registrar's Refusal Based on Missing Original Sale Deed and Non-Mutation of Revenue Records Held Invalid Under Section 35 of Registration Act, 1908.

The petitioner, Sorkathkani, and her husband purchased a property measuring 2.5 cents in Shenkottai Town through a registered sale deed dated 2003 (Do...

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Madras High Court Allows Writ Petition Challenging Refusal to Register Relinquishment Deed Due to Name Discrepancy. Court Directs Registration Subject to Compliance with Rule 55A of Tamil Nadu Registration Rules, 2000 and Production of Identity Certificate.

The petitioner, Mohammed Assan, and his brother K.Mubarak @ Abdul Mubarak jointly purchased landed property in Tenkasi Village through a registered sa...