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Bombay High Court Dismisses Appeal Against CLB Order in Company Law Dispute Over Share Transfer and Oppression. Court upholds CLB's refusal to dismiss petition under Section 397/398 of Companies Act, 1956, finding prima facie case of oppression and mismanagement.

The judgment arises from a company appeal filed under Section 10F of the Companies Act, 1956, by M/s. Gharda Chemicals Limited and others against an o...

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Bombay High Court Dismisses Writ Petition by Employees of Private Unaided Educational Institutes Seeking Regularisation. Institutes Not 'Schools' Under Maharashtra Employees of Private Schools Act, 1977, Hence No Entitlement to Absorption.

The petitioners, numbering 41 individuals, were employees of two private unaided educational institutes: Adv. V. R. Manohar Institute of Diploma in Ph...

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Bombay High Court Partially Allows Appeal in Specific Performance Suit — Upholds Agreement to Sell but Denies Relief Due to Plaintiff's Default. Time not of essence originally but became so after notice; plaintiff failed to prove readiness and willingness under Specific Relief Act, 1963.

The case involves two appeals arising from a judgment and decree dated 19th January 1999 in Special Civil Suit No.25/1993/A by the Civil Judge, Senior...

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Bombay High Court Grants Interim Injunction in Franchise Dispute Over Confidentiality and Copyright Infringement. The court restrained the defendant from breaching confidentiality, making false statements, and infringing copyright under the Franchisee Agreement.

The plaintiffs, Villa Moda General Trading Co. W.L.L. and another, filed a suit against Chordia Fashions Pvt. Ltd. seeking various injunctions arising...

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Bombay High Court Dismisses Section 9 Arbitration Petition and Winding Up Petition Against Corporate Debtor — No Prima Facie Case for Interim Relief or Insolvency as CDR Scheme Was Under Consideration and Debt Was Not Clearly Due.

The petitioner, Tata Capital Financial Services Ltd., a non-banking financial company, granted a term loan of Rs. 50 crores to the first respondent, U...

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NCLAT Allows Appeal Against Exclusion of Personal Guarantors from CoC in CIRP of Corporate Debtor — Re-constitution of Committee of Creditors Set Aside. Personal Guarantors Are Not Members of Committee of Creditors Under Section 21(2) of Insolvency and Bankruptcy Code, 2016.

The National Company Law Appellate Tribunal (NCLAT) heard an appeal against an order of the Adjudicating Authority (NCLT, Chandigarh Bench) dated 01.0...