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Bombay High Court: Cooperative Housing Society Cannot Expel Members for Filing Genuine Complaints | Section 35 Maharashtra Cooperative Societies Act, 1960 Explained

The Bombay High Court allowed a writ petition filed by five members of a cooperative housing society challenging their expulsion from the society's me...

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Supreme Court Allows Appeal in IBC Section 7 Application — Cumulative Redeemable Preference Shares Held as Debt, Not Investment. The Court held that CRPS constitute a debt under Section 3(11) of IBC, 2016, and the appellant is a financial creditor entitled to file an application under Section 7.

The appeal arises from the dismissal of the appellant's application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the NCLT and ...

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Bombay High Court Dismisses Petition to Amend Scheme for Parsee Panchayat Trust Elections. Court holds that proposed amendments to the Anjuman Committee composition are not in the interest of the trust and would alter the fundamental structure of the scheme.

The present petition was filed by Mr. Minoo Rustomji Shroff and others seeking modification of the scheme for the election of trustees of the Parsee P...