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Bombay High Court Grants Interim Injunction Restraining Bank from Enforcing Guarantee and Pledge Against Company Pending Company Law Board Proceedings. Alleged Fraudulent Assumption of Liability by Directors Without Shareholder Consent Raises Serious Questions to be Tried.

The applicant, Rajinder Kumar Malhotra, filed an application in a pending company appeal seeking an interim injunction to restrain HDFC Bank from reco...

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Bombay High Court Quashes RTA Resolution Mandating 1300 cc Engine for Contract Carriage Permits — Ultra Vires Motor Vehicles Act, 1988. Regional Transport Authority Cannot Impose Conditions Beyond Those Specified in Section 74 of Motor Vehicles Act, 1988.

The petitioner, Mumbai Pune Taxi Owners Association, a society registered under the Societies Registration Act, 1860, comprising taxi owners operating...

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Bombay High Court Allows Stay of Demand for Slum Rehabilitation Authority in Income Tax Exemption Case — Prima Facie Case Established for Section 11 Exemption Despite Section 2(15) Proviso. Statutory Authority's Non-Profit Slum Rehabilitation Activities Held Charitable, Not Commercial.

The Petitioner, Slum Rehabilitation Authority, a statutory body established under the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment...

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Karnataka High Court Dismisses Writ Petition by Two Companies Challenging Gratuity Payment Order — Payment of Gratuity Act, 1972. Employee's continuous service under same management entitles him to gratuity despite separate corporate identities.

The petitioners, Varma Industrial Private Limited and IBC Knowledge Park Private Limited, challenged the order dated 31.05.2018 passed by the Assistan...

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High Court of Karnataka Dismisses Writ Petition Challenging Reference to Arbitration Under Section 8 of Arbitration and Conciliation Act, 1996 — Filing of Written Statement Does Not Waive Right to Seek Arbitration.

The petitioner, M/S Alang Metal Exim Pvt. Ltd., filed a money suit (O.S.No.3749/2013) against the respondents, MSTC Limited and The Fertilizers & Chem...

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High Court of Bombay Considers Writ Petitions Challenging Maharashtra Revenue Tribunal's Orders in Tenancy Dispute. The Court Examines Whether Tenant's Default in Rent Payment for Three Years Warrants Eviction Under Section 25(2) of Maharashtra Tenancy and Agricultural Lands Act, 1948.

The dispute concerned agricultural lands bearing Survey Nos. 24/2A and 24/2B, originally leased by the landlord’s predecessor to the tenant’s pred...