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Bombay High Court Dismisses Petition Challenging Arbitral Award in Co-operative Bank Loan Dispute. Court upholds award holding borrowers jointly and severally liable for Rs.9.88 crore with interest under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioners, Abid & Company Steels Private Limited and its directors, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1...

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Bombay High Court Dismisses Writ Petition of Bank Peon Challenging Dismissal for Misappropriation. Misappropriation of Funds by a Bank Employee Constitutes Breach of Trust Warranting Dismissal, Even with Admission and Restitution.

The petitioner, Balasaheb Raghunath Bankar, was employed as a Peon with the respondent, The Rayat Sevak Cooperative Bank Ltd., from 2001. He was charg...

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Bombay High Court Dismisses Trade Union's Petition Challenging Rejection of Interim Relief in Transfer Dispute. Industrial Court's Refusal to Stay Transfer Orders Upheld as No Prima Facie Case of Unfair Labour Practice Established Under MRTU and PULP Act.

The petitioner, Engineering Workers Association, a registered trade union, filed a writ petition under Articles 226 and 227 of the Constitution of Ind...

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Bombay High Court Dismisses Petitions Challenging Municipal Council's Resolution to Change Land Use. Court upholds council's decision as within its powers under the Maharashtra Municipal Councils Act, 1965, finding no violation of statutory provisions or principles of natural justice.

The petitioners, Bandopant Kishanrao Pathak and Vishnu Shrinivasrao Khalikar, filed separate writ petitions challenging a resolution passed by the Mun...

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Bombay High Court Allows Winding Up of S. Kumars Nationwide Ltd. for Inability to Pay Debts. Multiple financial creditors and operational creditors successfully proved the company's insolvency under Sections 433(e) and 434 of the Companies Act, 1956.

The judgment concerns a batch of company petitions filed by various financial creditors and operational creditors seeking the winding up of S. Kumars ...

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High Court of Karnataka Upholds Labour Court Award of Reinstatement with Backwages in Industrial Dispute — Employer's Challenge Dismissed for Lack of Merit. Termination of Workman Found Illegal as Domestic Inquiry Was Not Held and Employer Failed to Prove Misconduct.

The petitioner, M/s TTK Healthcare Ltd, an employer engaged in the manufacture of ready-to-eat food products, challenged the award dated 28.02.2014 pa...