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Supreme Court Dismisses Appeals in Specific Performance Case — Buyer's Readiness and Williness Established. Time Held Not of Essence Due to Seller's Conduct in Accepting Delayed Payments and Continuing Negotiations.

The dispute arose from an agreement for sale of immovable property dated 20th January 2005 between the sellers (appellants in CA 3015/2013) and the bu...

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Bombay High Court Considers Bank's Claim for Recovery of Dues from Export Company and its Director. Dispute Centers on Alleged Agreement to Debit Cash Credit Account Upon Dishonour of Foreign Bills Purchased Under FBP Facility.

The suit was filed by Bank of India to recover Rs.5,67,332.51 with interest at 19.5% per annum from B.C. Mody Exports P. Ltd. (defendant no.1) and its...

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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

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Bombay High Court Allows Auction Purchasers' Petition in SARFAESI Act Case Due to Overriding Effect of Section 26E Over MVAT Act. Property Purchased in SARFAESI Auction Held Free from Prior Sales Tax Attachment Under Section 38C of MVAT Act.

The petitioners, Shailesh K. Bothra and Mukesh C. Karwa, were auction purchasers of a property sold by Cholamandalam Investment & Finance Co. Ltd. (pe...

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High Court of Bombay (Aurangabad Bench) Decides Criminal Appeals Against Conviction and Acquittal in Land Dispute Murder Case. Convicted Accused Under Sections 147, 148, 302, 324, 325 read with 149 IPC and Section 135 Bombay Police Act Appeal; State Challenges Acquittal of Co-Accused on Same Charges.

The case arose from a land dispute in village Yelamwadi, Tq. Chakur, Dist. Latur. Muktabai, the complainant, lived with her husband and children. Her ...

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Bombay High Court Hears Writ Petitions Challenging Appellate Officer's Order Under Maharashtra Housing & Area Development Act. The Judgment Text Is Truncated and Does Not Contain the Court's Final Disposition or Legal Findings.

The Mumbai Building Repairs and Reconstruction Board, a unit of the Maharashtra Housing and Area Development Authority (MHADA), filed a series of eigh...