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NCLAT Upholds Admission of CIRP Against Corporate Debtor Under Section 7 of IBC, 2016 — Asset Reconstruction Company Held to be Financial Creditor and Application Not Barred by Limitation.

The appeal was filed by the suspended director of M/s. Sri Pavana Keerthi Hotels India Private Limited (Corporate Debtor) against the order of the Nat...

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High Court of Karnataka Sets Aside Order Referring Dispute to Arbitration in Commercial Suit — Arbitration Agreement Not Duly Signed by Plaintiff. Section 8 of Arbitration and Conciliation Act, 1996 requires existence of valid arbitration agreement; mere reference in invoices insufficient.

The petitioner, M/s. Tusker Workspace Pvt. Ltd., filed a commercial suit (Com. O.S. No.207/2024) before the LXXXVI Additional City Civil and Sessions ...

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Bombay High Court Dismisses Municipal Corporation's Challenge to Labour Court Award in Unfair Labour Practice Case. Corporation Failed to Prove That Daily Wage Employees Were Not Entitled to Regularisation Under Industrial Disputes Act, 1947.

The Dhule Municipal Corporation filed three writ petitions challenging a common award dated 29/12/2015 passed by the Labour Court, Dhule, in Reference...

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Bombay High Court Allows Director's Petition to Drop Proceedings in Food Adulteration Case — Nominee Already Declared Under Section 17 of Prevention of Food Adulteration Act, 1954. Director Cannot Be Prosecuted When Company Has Nominated a Person Responsible for Conduct of Business.

The petitioner, Afzal Abdul Khalek Ahmed, a director of M/s Recon Oil Industries Ltd., filed a criminal writ petition challenging an order dated 9th M...

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Bombay High Court Quashes Complaint Against Directors in Cheque Dishonour Case Due to Lack of Specific Allegations of Role in Company Affairs. Directors Not Vicariously Liable Under Section 138 of Negotiable Instruments Act, 1881 Without Averment of Their Responsibility at Time of Cheque Issuance.

The applicants, Mukund Ajay Kumar Choudhary, Kapil Ajay Kumar Choudhary, and Ajay Kumar Choudhary, were directors of CLC Industries Ltd., the accused ...

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Company Appeal (AT) (Ins) No. 1563 of 2023

The appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 arises from the order of the NCLT, Allahabad Bench dated 06.10.2023 dismissing...

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Bombay High Court Allows Petition Challenging Land Reservations in Development Plan Under MRTP Act. Reservations for MSEB Extension and School/Playground Quashed as Not Acquired Within 10 Years, Land Deemed De-reserved.

The petitioner, Vikramsinh Jaysingrao Ghatge, owned land bearing R.S.No.247/2/1 admeasuring 3 hectares at Kagal, District Kolhapur. The Government of ...