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High Court of Bombay Dismisses Insolvency Petition Against Debtor for Non-Compliance with Notice of Motion Requirement Under Presidency Towns Insolvency Act, 1909 — Petition Filed Within Three Months of Act of Insolvency but Notice of Motion Not Disposed of Before Petition Filing.

The Petitioning Creditor, M/s Sanskar Gem Pvt. Ltd., filed an insolvency petition under the Presidency Towns Insolvency Act, 1909, seeking an order of...

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Bombay High Court Partially Allows Appeal in Land Acquisition Compensation Case — Enhances Compensation for Agricultural Land Acquired for Cotton Research Institute. Market Value Determined Based on Sale Deeds and Potential for Development, Applying Deduction for Large Plot Size.

The appellant, Sukhdeo Sampatrao Deulkar, owned agricultural land admeasuring 5.21 hectares in Mouza Parsodi, Nagpur, which was acquired by the State ...

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Bombay High Court Upholds Recommendation Requirement for Law Clerk Position — Dismisses Petition of Law Student. Requirement of recommendation from Judge or senior advocate is a valid eligibility criterion and not arbitrary under Articles 14 and 16 of the Constitution.

The petitioner, Madhav Rajesh Ved, a law graduate from Pravin Gandhi College of Law (LLB 2021), challenged an advertisement dated 2nd March 2023 issue...

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Supreme Court Upholds Designated Authority's Termination of Anti-Dumping Investigation Due to Insufficient Data Period. Causal Link Between Dumped Imports and Injury Not Established, High Court's Substitution of Findings on 'Like Article' Exceeded Judicial Review.

The appeals arose from a challenge by the Designated Authority (DA) and the Central Government against three orders of the Telangana High Court concer...

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Bombay High Court Dismisses Section 9 Arbitration Petition Against Guarantors Due to Lack of Privity of Contract. Guarantee Deed Not Signed by Petitioner, No Arbitration Agreement Between Petitioner and Respondents.

The petitioner, L&T Finance Limited, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996 seeking interim relief against the...

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Supreme Court Allows Appeal in Customs Valuation Case — Sequential Application of Valuation Rules Mandatory. Rule 7 and Rule 9 of Customs Valuation Rules, 2007 Cannot Be Applied Without First Considering Rules 4 and 5 for Identical or Similar Goods.

The case involves appeals by M/s. Diyas Mantra Lighting Private Limited and its directors against orders of the Principal Commissioner of Customs (Pre...