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High Court Dismisses Writ Petitions Challenging DRAT Order Allowing Bank to Sell Secured Assets Despite Company Being in Liquidation. SARFAESI Act Proceedings Held Not Barred by Companies Act Winding Up Provisions; Secured Creditor's Right to Enforce Security Interest Prevails.

The petitioners, Capt. G.R. Gopinath and M/s Deccan Emerging Business Ventures Limited, challenged the order dated 06.01.2017 passed by the Debt Recov...

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Bombay High Court Hears Batch of First Appeals in Land Acquisition Matters — No Outcome Provided. Multiple First Appeals Filed by State of Maharashtra, Maharashtra Krishna Valley Development Corporation, and Landowners Seeking Enhancement/Reduction of Compensation.

The judgment text provided only lists the title and case numbers of multiple First Appeals before the Bombay High Court, Civil Appellate Jurisdiction....

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High Court of Karnataka Reserves Orders on Company's Petition to Quash Criminal Case for Alleged Cheating of Rs 36 Crores. Commercial Property Transaction Dispute Resulted in FIR; Petitioners Claim Abuse of Process Amid Pending Civil and Insolvency Proceedings.

The High Court of Karnataka heard a criminal petition under Section 482 of the Code of Criminal Procedure, 1973, filed by Patel Engineering Limited an...

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Bombay High Court Upholds Admission of Winding-Up Petition Against Telecom Company Due to Substratum Erosion and Deadlock. Cancellation of 2G Licences and Irreconcilable Differences Between Equal Shareholders Justify Winding-Up Under Section 433(f) of the Companies Act, 1956.

The appeal arose from an order of the company judge admitting a petition for winding up of Etisalat D.B. Telecom Limited (the company) under Section 4...

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Bombay High Court Hears Petition Challenging Order of Competent Authority Cancelling Sale Deed Under Urban Land (Ceiling and Regulation) Act, 1976. Issues Include Effect of Exemption Under Section 20(1)(a) on Transfer Restrictions and Abatement of Appeal Due to Repeal Act, 1999.

The writ petition under Article 226 of the Constitution challenged the order dated 24-07-2008 passed by the Additional Commissioner (Appellate Authori...

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Supreme Court Quashes Criminal Proceedings in Cheating Case Arising from Commercial Transaction. Failure to Repay Debt Does Not Automatically Attract Section 420 IPC Without Proof of Initial Dishonest Intention.

The Supreme Court allowed the appeal against the High Court's refusal to quash criminal proceedings under Section 420 IPC. The appellant was a busines...