Search Results for "guarantee enforcement"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court at Goa Dismisses Review Petition in Partition Suit Impleadment...
Bombay High Court Acquits Accused in Corruption Case Due to Unreliable Trap Witn...
Supreme Court Allows Appeal in Motor Accident Claim Case — Death Not Arising O...

Search Results for "guarantee enforcement"

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Supreme Court

"Supreme Court Affirms Need for Minority Establishment in AMU’s Minority Status Dispute" AMU’s Minority Status Under Scrutiny: Establishment by Legislature Versus Minority Founding Rights

8 Nov 2024

The Supreme Court judgment in Aligarh Muslim University v. Naresh Agarwal & Ors. primarily deals with the issue of minority rights in education, f...

High Court

Bombay High Court Dismisses Section 9 Petition Seeking Security for Enhanced Call Price in Share Purchase Dispute — Holds That Emergency Arbitrator's Decision Is Binding and Cannot Be Bypassed by Seeking Parallel Interim Relief from Court. The court found that the petitioners were attempting to circumvent the emergency arbitrator's decision by seeking a different form of security or additional relief, which would undermine the arbitral process.

8 Oct 2024

The petitioners, Ashok Kumar Goel and Vyoman India Private Limited, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, se...

Supreme Court

Supreme Court Allows Appeal in Part in Foreign Currency Arbitral Award Enforcement Case. Twin Principles Laid Down: Date of Enforceability for General Conversion, Date of Deposit for Amounts Deposited in Court.

27 Aug 2024

The Supreme Court addressed the issue of the correct date for converting a foreign currency arbitral award into Indian rupees for enforcement. The app...

High Court

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.

26 Feb 2019

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...

High Court

Bombay High Court Dismisses Appeal by Guarantors in SFC Act Recovery Proceedings — Guarantors Held Jointly and Severally Liable Under Section 31(1)(aa) of State Financial Corporation Act, 1951. Application Under Section 31(1)(aa) is Maintainable Against Guarantors Without Separate Suit and Not Barred by Limitation.

26 Feb 2019

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...

High Court

High Court Dismisses Bank's Revision in SARFAESI Act Suit — Civil Court Jurisdiction Not Barred. Suit for Declaration and Injunction Regarding Personal Guarantee Held Maintainable as It Does Not Relate to Enforcement of Security Interest Under Section 34 of SARFAESI Act.

20 Jul 2017

The case involves a civil revision application filed by Allahabad Bank against an order of the Joint Civil Judge, Junior Division, Nagpur, rejecting t...

High Court

Bombay High Court Dismisses Appeal by Videocon Industries Against Winding Up Order for Non-Payment of Guarantee Debt to Italian Bank. Patronage Letter Held to Be a Guarantee Under Indian Contract Act, 1872, and Claim Not Time-Barred.

19 Jul 2014

The case involves an appeal by Videocon Industries Limited against an order of the Company Judge directing payment of Rs.259.73 crores to Intesa Sanpa...

High Court

Bombay High Court Dismisses Appeal by Coal India and Western Coalfields Against Temporary Injunction Restraining Cancellation of Letter of Assurance and Encashment of Bank Guarantee. The court held that the plaintiff had a prima facie case for breach of contract under the New Coal Distribution Policy 2007, and the balance of convenience favoured maintaining the status quo pending suit.

26 Jul 2011

The case arises from a dispute between Coal India Ltd. and Western Coalfields Ltd. (appellants) and Chintamani Agrotech (India) Ltd. (respondent/plain...

High Court

Bombay High Court Allows SFC Petition Against Guarantors Under Section 31(1)(aa) of SFC Act, 1951 — Guarantors Liable Despite Company's Winding Up. Guarantee is a separate contract and liability of guarantor is co-extensive with principal debtor under Section 128 of Indian Contract Act, 1872.

7 Jun 2005

The petitioner, SICOM Limited, a State Financial Corporation, filed a petition under Section 31(1)(aa) of the State Financial Corporation Act, 1951 ag...

High Court

Bombay High Court Allows Writ Petition for Enforcement of Continuing Guarantee Against State Government — Limitation Bar Rejected as Guarantee Subsists Until Full Payment. Continuing Guarantee Clause 6 of Deed Dated 5th June 1982 Remains Operative Until All Moneys Paid, Hence Claim Not Barred by Limitation.

1 Feb 2005

The petitioner, Maharashtra State Co-op. Bank Ltd., stood as guarantor for a loan advanced to Swami Vivekanand Kaku Tel Sahakari Karkhana Limited. The...

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