Search Results for "Performance Deposit"

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High Court of Karnataka Dismisses BDA Appeals in Land Acquisition Lapse Case — Acquisition for J.P. Nagar Layout Declared Lapsed. Section 11A of Land Acquisition Act, 1894 mandates award within two years of final notification; failure results in lapse of proceedings.

The case involves two writ appeals filed by the Bangalore Development Authority (BDA) and the Special Land Acquisition Officer against an order dated ...

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Supreme Court Allows Bank's Appeal in Evacuee Property Dispute, Holding Joint Family Firm Not Exempt from Vesting. Cash Deposit of Hindu Joint Family Firm Held to Be Evacuee Property, Vested in Pakistan Custodian, Extinguishing Bank's Liability under Private International Law.

The dispute arose from a cash credit account maintained by M/s. Ghamandi Ram Gurbax Rai, a joint Hindu family firm, with the Imperial Bank of India in...

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Bombay High Court Dismisses Plaintiffs' Suit for License Fee and Compensation, Allows Defendant's Counter-Claim for Losses Due to Suppression of No Development Zone Status. Plaintiffs held liable for fraudulent misrepresentation regarding land use, entitling Defendant to damages for demolished tower.

The plaintiffs, owners of a larger property in Madh, Malad, Mumbai, entered into a leave and license agreement with the defendant, a telecom company, ...

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Bombay High Court Allows Appeal in Specific Performance Suit — Injunction Granted Against Alienation of Property. Development Agreement for Cessed Building Confers Prima Facie Rights; Balance of Convenience Favors Developer.

The appeal arises from an order of a learned Single Judge declining relief in a Notice of Motion taken out by the appellants in a suit for specific pe...

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Bombay High Court Dismisses Suit for Lack of Jurisdiction in Bank Guarantee Dispute — Exclusive Jurisdiction Clause in Contract Confers Jurisdiction on Chennai Courts. Plaintiff L&T's Suit Challenging Invocation of Performance Bank Guarantee Dismissed as Bombay High Court Has No Territorial Jurisdiction.

The plaintiff, Larsen & Toubro Limited (L&T), filed a suit in the Bombay High Court seeking a declaration that the invocation of a Performance Bank Gu...

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High Court of Karnataka Dismisses State's Commercial Appeal, Upholds Arbitral Award in ICT Project Dispute — Termination Found Unlawful. Composite Contract and Direct Nexus Between State and Consortium Rendered Claim Maintainable, and Arbitral Award of Rs.178.98 Crores Not Against Public Policy.

The appeal arises from an arbitral award of Rs.178,98,38,525 in favour of respondent No.1, a consortium partner, against the State of Karnataka for wr...

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INTERIM APPLICATION (L) NO. 25700 OF 2025

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