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INTERIM APPLICATION NO.1767 OF 2020

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Bombay High Court Allows Summary Judgment in Favor of Asset Managers in Commercial Paper Recovery Suit Despite Pending SICA Appeal. The court held that Section 22 of SICA does not bar recovery suits where BIFR has declined registration, and the defendant failed to raise any triable issue.

The plaintiffs, Pramerica Asset Managers Pvt. Ltd. and others, filed two summary suits against Deccan Chronicle Holdings Ltd. for recovery of Rs. 25 c...

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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration and Conciliation Act, 1996 — Upholds Arbitral Award Holding Stockbroker Liable for Unauthorized Trades by Agent. Broker Failed to Prove Client Authorization for Disputed Trades, Resulting in Compensation of Rs.14,37,200/- to Client.

The case involves an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, filed by IIFL Capital Services Limited (formerly IIFL Secu...

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High Court of Karnataka Quashes Deputy Commissioner's Revisional Order in Land Conversion Dispute — Petitioner's Right to Change Land Use Upheld. Deputy Commissioner's Order Set Aside for Violation of Natural Justice and Lack of Jurisdiction Under Section 136(3) of Karnataka Land Revenue Act, 1964.

The petitioner, Satish Hegde, purchased four acres of land in Sy.No.58 (New Sy.No.141) at Singrahalli Village, Devanahalli Taluk, under a registered s...

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Writ Petitions Filed by Six MBBS Students Challenging Their Dismissal for Impersonation in Entrance Exam Heard by Karnataka High Court. Court Examines Whether Deemed University's Procedure for Detecting Impersonation Followed Natural Justice and Published Rules.

The petitioners were six students who were admitted to the MBBS course at Sri Devaraj Urs Medical College, a constituent college of the deemed univers...

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Karnataka High Court Quashes Direction for De Novo Enquiry Against Retired Co-operative Bank Employee. Post-Retirement Disciplinary Proceedings Not Permissible Under Rule 18(1) of Karnataka Co-operative Societies Rules, 1960.

The petitioner, Bahubali, served as Chief Executive Officer of Vikas Urban Co-operative Bank Ltd. from 01.05.1997. He was dismissed from service on 30...