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Bombay High Court Sets Aside Arbitral Award in ONGC Blacklisting Dispute — Arbitrator Exceeded Scope of Reference. Award Directing Withdrawal of Blacklisting Letter and Restoration of Business Credibility Held Contrary to Public Policy Under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, Oil & Natural Gas Corporation Limited (ONGC), filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challen...

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Bombay High Court Considers Challenge to Revision Order in FCCB Capital Gains Case; Cost of Acquisition Dispute Between FCCB Scheme and Section 49(2A) of Income-tax Act Examined. Revenue Relied on Section 49(2A) While Petitioner Invoked Clause 7(4) of the 1993 Scheme.

The writ petition under Article 226 was filed before the Bombay High Court challenging an order dated 29 March 2018 passed by the Commissioner of Inco...

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High Court of Bombay Hears Arbitration Petition Under Section 34 of the Arbitration and Conciliation Act, 1996. Award of 14 January 2006 on Share Valuation Under Clause 7 of Protocol Agreement Challenged on Grounds of Jurisdiction and Legality of the Agreement.

The matter arose from a petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by Western Maharashtra Development Corpn. Ltd. c...

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Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...

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High Court of Bombay examines Official Liquidator’s report for declaration of sub-lease executed by lessee as void. The matter involves sub-lease of company property during pendency of winding up, with allegations of fabricated documents.

The matter concerns an Official Liquidator’s report filed in the winding up of Modi Stone Limited, seeking a declaration that a sub-lease dated 20 M...

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High Court of Bombay Dismisses Union of India's Challenge to Arbitral Award in Naval Dockyard Contract Dispute. Court upholds arbitrator's findings on extra work and escalation claims as plausible and not perverse under Section 34 of Arbitration and Conciliation Act, 1996.

The Petitioner, Union of India, challenged an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996. The dispute arose from a ...

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High Court of Bombay Passes Interim Orders Directing Restoration of Lake and Prevention of Mangrove Destruction in Navi Mumbai. Modification of Development Plan to Permit Golf Course Raised Public Interest Concerns.

The public interest litigations were filed to address the systematic destruction of mangroves and wetlands in Navi Mumbai. The petitioners in PIL 218/...