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Karnataka High Court Dismisses Winding Up Petition by Ex-Director Against Company for Disputed Interest Claim. Company Petition under Section 433(e) of Companies Act, 1956 dismissed as debt was bona fide disputed and no written agreement for interest existed.

The petitioner, Mr J R Srinivasa, an ex-director of the respondent company Sree Gururaja Enterprises Pvt Ltd, filed a winding up petition under Sectio...

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Bombay High Court Dismisses MSFC's Petition Challenging DRAT Order Granting Cross-Examination in Loan Recovery Case. Right to Cross-Examine Affidavit Deponent Is a Valuable Right Not Barred by Rule 12(6) of DRT Procedure Rules.

The petitioner, Maharashtra State Financial Corporation (MSFC), filed a writ petition under Articles 226 and 227 of the Constitution of India challeng...

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Supreme Court Allows Builder's Appeal in Consumer Dispute Over Flat Construction and Occupancy Certificate. National Commission's Directions Modified: Builder to Pay Rs. 25 Lakhs with Interest, Convey Title After Occupancy Certificate.

The Supreme Court partly allowed the appeal by M/s Treaty Construction & Anr. against the order of the National Consumer Disputes Redressal Commission...