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Bombay High Court Dismisses Contempt Petition Against Bank Officials for Alleged Violation of Injunction Order. Court holds that the petitioners failed to establish willful disobedience of the court's order regarding possession of a vehicle.

The present contempt petition was filed by Eravant Sadanand and Madhav Patil, who were the Managing Director and Director respectively of Sangmeshwar ...

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High Court of Judicature at Bombay Nagpur Bench Hears Letters Patent Appeals Against Writ Petition Order in Co-operative Sugar Factory Dispute — Appeals involve allegations of mismanagement, enquiry under Section 83 of Maharashtra Co-operative Societies Act, 1960, and liquidation proceedings.

The High Court of Judicature at Bombay, Nagpur Bench, heard two Letters Patent Appeals (No. 197 of 2009 and No. 239 of 2009) arising from Writ Petitio...

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Supreme Court Upholds Conviction of Accused No. 3 for Dishonestly Receiving Stolen Gold Bars in Bank Fraud Case. Court holds that possession of stolen property soon after theft, coupled with lack of explanation, is sufficient for conviction under Section 411 IPC.

The case pertains to a large-scale bank fraud involving forged Telegraphic Transfers (TTs) amounting to Rs. 6,70,00,000/- at Vijaya Bank, Nasik Branch...

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Supreme Court Restores Full Compensation in Bank Deficiency of Service Case — Insurance Claim Denied Due to Bank's Failure to Forward Premium. Concurrent findings of deficiency of service upheld; reduction of compensation from Rs 5 lakhs to Rs 2 lakhs by NCDRC set aside.

The appeal arose from a judgment of the National Consumer Disputes Redressal Commission (NCDRC) dated 25 October 2018, which reduced the compensation ...

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Bombay High Court Dismisses Petition Challenging FEMA Show Cause Notices Against BCCI President. Section 42 of FEMA applies to persons in charge of and responsible for the conduct of business of a company, and the petitioner as President is covered.

The petitioner, Shashank Vyankatesh Manohar, was the President of the Board of Control for Cricket in India (BCCI) from 2008 to 2011. During this peri...

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Bombay High Court Adjudicates Petitions Challenging Mumbai Port Trust's Summary Eviction Notices Under Bye-law No.9. Petitioners Sought Declaration That Bye-law No.9 Ultra Vires Public Premises Act and Violated Natural Justice.

In a batch of writ petitions, occupants of structures at Reay Road, Mazgaon, Mumbai, challenged eviction notices issued by the Mumbai Port Trust on 06...

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High Court of Madras Dismisses Writ Appeal by Deceased Bank Employee’s Heir Challenging Dismissal in Disciplinary Proceedings — Enquiry Findings Not Perverse and Parity in Punishment with Differently Situated Co-Delinquent Not Available.

The writ appeal arose from a challenge to the dismissal of the writ petition filed by a former Regional Head of Union Bank of India against his dismis...

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Bombay High Court Dismisses Writ Petition Challenging Rejection of Plaint in SARFAESI Act Dispute — Civil Suit Barred Under Section 34 of SARFAESI Act, 2002. Shareholder's Allegations of Fraud Do Not Override Statutory Bar When Secured Assets Are Involved.

The petitioner, Shashikant Gangar, a shareholder and director of Libox Chem (India) Private Limited (respondent no. 2), filed a writ petition challeng...