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Madras High Court Dismisses Insurance Company's Writ Against Ombudsman Award in PMFBY Crop Insurance Dispute. Error in Village Name by Cooperative Society Does Not Shift Liability to Insurer; Ombudsman's Award Upheld.

The case involves a dispute under the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme. The first respondent, a non-loanee farmer, insured her crops th...

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Bombay High Court Dismisses Petition Seeking Quashment of MPID Act Charges Against Director of Cooperative Bank. Cooperative Bank Falls Within Definition of Financial Establishment Under MPID Act Despite Being Governed by Banking Regulation Act.

The Bombay High Court dismissed a writ petition filed under Article 226 of the Constitution of India read with Section 482 of the Code of Criminal Pro...

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Bombay High Court Dismisses Bank Employee's Petition Challenging Dismissal for Availing Housing Loan Without Construction. Labour Court's findings of fair enquiry and non-perverse findings are upheld; no interference under Article 226.

The petitioner, an employee of SVC Co-operative Bank Ltd., was dismissed from service after a domestic enquiry found him guilty of availing a housing ...

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Supreme Court Allows Appeal in IBC Section 7 Case — NCLT Cannot Dismiss Petition Without Applying Mind to Merits. Adjudicating Authority Must Determine Default and Admit or Reject Petition Under Section 7, Not Direct Settlement Without Considering Individual Claims.

The present appeal under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) arises from a judgment of the National Company Law Appellate Tri...

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Bombay High Court Quashes Blacklisting of Supplier by Central Bank of India for Non-Supply Due to Force Majeure. Natural Calamity in Thailand Constitutes Force Majeure Excusing Performance Under Contract Law Principles.

The petitioner, M/s. Acer India (Pvt.) Ltd., a private limited company engaged in supplying computer software and hardware, challenged its blacklistin...

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Bombay High Court Dismisses Section 9 Arbitration Petition and Winding Up Petition Against Corporate Debtor — No Prima Facie Case for Interim Relief or Insolvency as CDR Scheme Was Under Consideration and Debt Was Not Clearly Due.

The petitioner, Tata Capital Financial Services Ltd., a non-banking financial company, granted a term loan of Rs. 50 crores to the first respondent, U...

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Bombay High Court Grants Interim Relief to Franchisee in IPL Termination Dispute. Court restrains BCCI from terminating franchise agreement and issuing fresh tender pending arbitration, holding that prima facie case and balance of convenience favor the franchisee.

The petitioner, Deccan Chronicle Holdings Ltd. (DCHL), was the successful bidder for the Hyderabad franchise of the Indian Premier League (IPL) and en...

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Bombay High Court Allows Land Acquisition Reference, Enhances Compensation for Acquired Land Under Land Acquisition Act, 1894. Court Determined Market Value Based on Comparable Sale Instances and Potential for Development, Rejecting Government's Valuation Method.

The case is a land acquisition reference under Section 18 of the Land Acquisition Act, 1894, arising from the acquisition of land belonging to Godrej ...