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Bombay High Court Convicts Directors for Default in Filing Statement of Affairs Under Section 454(5) of Companies Act, 1956 — Failure to Submit Statement Despite Repeated Court Orders and Notices Constitutes Offence Without Reasonable Excuse.

The Official Liquidator of M/s. Geeta Marine Services Pvt. Ltd. filed a complaint under Section 454(5) of the Companies Act, 1956 against four accused...

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High Court of Karnataka Dismisses Appellants' Second Appeal in Final Decree Proceeding — Confirms Scheme of Partition Accepted by Trial Court. Compromise Decree in Earlier RSA Modified Preliminary Decree, and Final Decree Proceeding Properly Implemented the Modified Decree.

This Regular Second Appeal under Section 100 of the Code of Civil Procedure, 1908 (CPC) arises from a decree passed in Final Decree Proceeding No. 11/...

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Bombay High Court at Goa Allows Withdrawal of Criminal Complaint Due to Petitioner's Terminal Illness and Non-Prosecution. Petitioner suffering from nasopharyngeal cancer permitted to withdraw complaint and quash FIR under Section 482 CrPC as continuation would be abuse of process.

The petitioner, Ravinder Chohan, a UK resident suffering from nasopharyngeal cancer, filed a criminal complaint in 2015 against respondents 2 to 5 all...

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Bombay High Court Dismisses Second Appeal in Property Dispute, Upholds Permanent Injunction but Denies Mandatory Injunction and Possession. Plaintiffs failed to prove encroachment beyond existing cowshed, and no substantial question of law arose under Section 100 CPC.

The appellants, original plaintiffs Zelia D'Souza and Xavier D'Souza, filed a second appeal against the judgment and decree dated 13.12.2006 of the Ad...

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Bombay High Court Grants Interim Injunction in Specific Performance Suits — Export Credit Guarantee Corporation of India Ltd. Restrains Trustees from Alienating Property. Prima Facie Case Established Based on Agreements and Possession; Balance of Convenience Favors Plaintiff.

The plaintiff, Export Credit Guarantee Corporation of India Ltd., filed two suits for specific performance of agreements for sale of commercial units ...

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Bombay High Court Allows SICOM's Petitions Under Section 31(1)(aa) of SFC Act for Recovery of Term Loan Defaults. Financial Corporation Entitled to Enforcement of Security Interest Without Prior Adjudication of Liability.

The petitioner, SICOM Limited, a deemed State Financial Corporation under Section 46 of the State Financial Corporation Act, 1951, filed a group of pe...