C.S.(Comm.Div.) No.205 of 2023
12 Mar 2025The plaintiff, VGN Projects Estates Private Limited, filed commercial suit no.205 of 2023 against the defendants, M/s. VGK Builders Pvt. Ltd. and M/s....
Search Results for "finance act 2021"
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Supreme Court
Supreme Court Interprets Section 29A(h) of Insolvency and Bankruptcy Code, 2016 Regarding Guarantor Eligibility. The court held that a person who has executed an enforceable guarantee is not disqualified from submitting a resolution plan unless the guarantee has been invoked, as liability crystallizes upon invocation under the amended provisions.
18 Jan 2022The Supreme Court was called upon to interpret Section 29A(h) of the Insolvency and Bankruptcy Code, 2016, as amended, concerning the eligibility of a...
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High Court
High Court of Karnataka Considers Whether Commercial Dispute Can Give Rise to Criminal Proceedings; Cites Apex Court Precedent on Distinction Between Breach of Contract and Cheating. The Petition Seeks Quashing of FIR Registered Under Sections 406, 420, 120B, and 34 IPC Arising Out of Allegedly Defective Bus Supply, With the Court Examining the Abuse of Process Doctrine.
9 Nov 2022The matter arose from a commercial dispute between Scania Commercial Vehicles India Pvt. Ltd. (the manufacturer/seller) and K.T. Rajashekar, proprieto...
- 15
High Court
Bombay High Court Allows Writ Petition Challenging CBDT's Rejection of Delay Condonation for Filing Revised Income Tax Returns. Non-Speaking Order and Violation of Natural Justice Led to Remand for Fresh Consideration Under Section 119 of Income Tax Act, 1961.
30 Apr 2024The petitioner, CG Power and Industrial Solutions Ltd., a company, filed a writ petition under Article 226 of the Constitution of India before the Bom...
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High Court
Madras High Court Adjudicated a Commercial Suit for Recovery of Chit Maturity Amount Against a Partnership Firm and Partners. The plaintiff claimed the maturity value based on an acknowledgment of liability and promissory estoppel, while the defendants raised a prior suit for injunction and accounts.
21 Jan 2025The plaintiff, a construction company, filed a commercial suit against a partnership firm (first defendant) and its partners (defendants 2 to 6) for r...
- 41
High Court
Bombay High Court Allows Arbitration Petition and Appoints Sole Arbitrator in Equipment Supply Dispute — Respondent's Failure to Appoint Arbitrator Justifies Court Intervention. Existence of Arbitration Clause Confirmed; Court's Role Limited to Section 11(6) of Arbitration and Conciliation Act, 1996.
12 Nov 2024The petitioner, Master Drilling India Private Limited, entered into an Equipment Supply Agreement dated 01.10.2021 with the respondent, Sarel Drill & ...
- 108
High Court
Bombay High Court Allows Compounding of NI Act Offence Despite Rejection by Magistrate — Full Payment of Cheque Amount Entities Accused to Compounding. The court held that once the cheque amount is paid, the Magistrate must permit compounding under Section 138 of the Negotiable Instruments Act, 1881, following the guidelines in Damodar S. Prabhu.
29 Nov 2023The applicants, who were accused nos. 4, 5, 7, 8, 10, and 11 in a complaint under Section 138 of the Negotiable Instruments Act, 1881, filed by M/s MP...
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High Court
Bombay High Court Allows Compounding of NI Act Offence Despite Complainant's Objection. Payment of Full Cheque Amount with Interest and Costs Entitles Accused to Compounding Under Section 147 of Negotiable Instruments Act, 1881.
29 Nov 2023The applicants, who were accused in a criminal complaint filed by the respondent-company under Section 138 of the Negotiable Instruments Act, 1881, ch...
- 70
High Court
Bombay High Court Reserves Judgment in Section 34 Petition Challenging Arbitral Award Alleging Res Judicata and Patent Illegality; Decision on Coercion and Interest Awaited.
19 Dec 2025The petition challenged an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996. The petitioner, a multi-state co-operative b...
High Court
Bombay High Court Allows MSME to Claim VSV Scheme Benefits Despite Reclassification as 'Not an MSME' — Legal Fiction Under Clause 8(5) Notification Extends Non-Tax Benefits for Three Years. The Court held that the Petitioner, re-classified as 'not an MSME' on 9th May 2023, is entitled to the benefit of Clause 8(5) of Notification S.O. 2119(E) dated 26th June 2020 (as substituted on 18th October 2022), which deems it to be a Medium Enterprise for non-tax benefits for three years, and thus eligible for the VSV Scheme.
13 Aug 2024The Petitioner, Marine Electricals India Ltd., is a company engaged in electronic automation, information, communication, and technical solutions, and...
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