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Supreme Court Dismisses Appeals Against Insolvency Initiation Under Insolvency and Bankruptcy Code, 2016 -- NCLAT Order Upheld in Favor of Allottees as Financial Creditors -- Corporate Debtors Failed to Deliver Possession and Complete Formalities

The Supreme Court dismissed civil appeals filed by erstwhile directors of corporate debtors against the NCLAT judgment which upheld the NCLT order ini...

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High Court of Karnataka Quashes Tahsildar's Endorsement Rejecting Mutation Entry for Bank's Auction Purchaser Under Karnataka Land Grant Rules, 1969. Condition Against Alienation for 25 Years Does Not Bar Mortgage or Auction Sale by Bank.

The petitioner, South Canara District Central Co-operative Bank Ltd., filed a writ petition under Articles 226 and 227 of the Constitution of India se...

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Bombay High Court Dismisses Promoter's Second Appeal in RERA Case for Non-Compliance with Pre-Deposit Order. Pre-deposit under Section 43(5) of RERA is mandatory; failure to deposit results in dismissal of appeal under Section 44.

The case involves a second appeal filed by M/s Renaissance Infrastructure and others (the promoter) against the dismissal of their appeal under Sectio...

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Bombay High Court Dismisses Suit Against Co-operative Society for Lack of Notice Under Section 164 of Maharashtra Co-operative Societies Act, 1960. Court Holds That Civil Suit Is Barred by Sections 91 and 163 of the Act as Disputes Relate to Society's Internal Management.

The plaintiffs, B.Y. Chavan and another, filed a suit against the Association of Tenants of the Bombay Catholic Housing Society and others, seeking re...