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High Court of Karnataka Allows Winding Up Petition Against Airline Company for Inability to Pay Debts Under Companies Act, 1956. The court held that the company was commercially insolvent and unable to pay its debts, and appointed the Official Liquidator to take charge of its assets.

The petitioner, Aerotron Limited, a company incorporated under the laws of England and Wales, filed a company petition under Sections 433(e) and (f) r...

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High Court of Karnataka Dismisses Winding-Up Petition Against Kingfisher Airlines Ltd. for Lack of Service of Statutory Notice. Petition under Sections 433(e) and (f) of the Companies Act, 1956 fails as petitioner Aerotron Limited did not prove service of demand notice under Section 434.

The petitioner, Aerotron Limited, a company incorporated under the laws of England and Wales, filed a winding-up petition under Sections 433(e) and (f...

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High Court of Karnataka Allows Winding Up Petition Against Airline Company for Inability to Pay Debts. Creditor's Statutory Demand for USD 3 Million Remained Unpaid, Leading to Order for Winding Up Under Sections 433(e) and (f) of the Companies Act, 1956.

The petitioner, Aerotron Limited, a company incorporated under the laws of England and Wales, filed a company petition under Sections 433(e) and (f) r...

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Bombay High Court Allows Family Pension to Mother of Deceased Bachelor Employee Despite Surviving Daughters. The court held that the mother, being a dependent, is entitled to family pension under the old pension scheme, and the rejection on the ground of surviving daughters was unsustainable.

The petitioner, Surekha Yashwant Pilankar, a 75-year-old mother, filed a writ petition challenging the denial of family pension after her son, a Junio...

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Karnataka High Court Upholds Reinstatement of Contractual Workmen in BESCOM Case — Compensation Reduced to Rs.75,000 Each. Workmen Appointed on Contract Basis for Specific Period Held Entitled to Reinstatement with Continuity of Service but Without Backwages Under Industrial Disputes Act, 1947.

The case involves writ appeals filed against an order of a learned Single Judge who upheld the award of the Labour Court but directed payment of Rs.75...