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High Court of Karnataka Dismisses Petition Challenging Extension of Arbitral Mandate Under Section 29-A(5) of Arbitration and Conciliation Act, 1996 — Demise of Arbitrator and Insolvency of Party Held Sufficient Cause for Extension Despite Lack of Consent Under Section 29-A(3).

The petitioners, Scape Marketing Private Limited and others, filed a writ petition under Articles 226 and 227 of the Constitution of India challenging...

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Bombay High Court Dismisses Appeal in Share Dispute Case — Upholds Trial Court's Refusal of Interim Injunction. Court held that the appellants failed to establish a prima facie case for restraining the pledge of shares, as the shares were not proved to be held in a fiduciary capacity.

The case involves a dispute between two branches of the Arya family over shares of Arya Iron & Steel Co. Pvt. Ltd. The appellants, Ravi Arya and other...