Search Results for "bonafide invocation"

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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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Supreme Court Upholds Referral to Arbitration Despite Fraud Allegations in Development Agreement Dispute. Arbitration Clause Survives Challenge When Fraud Relates to Inducement Not Affecting Contractual Terms.

The appeal arose from a civil suit filed by Deccan Paper Mills Co. Ltd. (appellant) against Regency Mahavir Properties and others (respondents) seekin...

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Supreme Court Warns Appellants in Environmental Appeal of Dismissal with Costs for Non-Disclosure of Parallel Proceedings. The Court stresses integrity in invoking NGT jurisdiction and considers objections regarding personal interest and unauthorized colonies.

The appeal arose from an original application filed before the National Green Tribunal (NGT) under Section 14 of the NGT Act by three appellants. They...