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Karnataka High Court Hears Writ Petition Challenging Forfeiture of Earnest Money by KSFC in E-Auction Under SARFAESI Act. Petitioner Claims Suppression of Pending Suit and Interim Order Affected Marketable Title, Rendering Auction Notification Fraudulent.

The petitioner, N. Lakshmana, filed a writ petition under Articles 226 and 227 of the Constitution of India before the High Court of Karnataka seeking...

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Bombay High Court Dismisses Petition Against Recovery Order Under Maharashtra Co-operative Societies Act — No Interference with Section 101 Order Due to Alternative Remedy and Delay. Petition Filed After 10 Years Dismissed with Liberty to Avail Alternative Remedy.

The petitioners, M/s. Medihealth Care Private Limited and its directors, filed a writ petition under Article 227 of the Constitution of India challeng...

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High Court of Karnataka Dismisses Contempt Petition and Allows Writ Appeals in Tender Cancellation Dispute. Court holds that cancellation of tender due to change in government policy does not amount to willful disobedience of court order under Sections 11 and 12 of the Contempt of Courts Act, 1971.

The case involves a dispute over a tender issued by the State of Karnataka for the selection of a creative agency for the 'Invest Karnataka 2022' even...

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Bombay High Court Dismisses Petitions Challenging SARFAESI Act Applicability to Cooperative Banks and Arbitration Awards. Multi-State Cooperative Bank held to be a 'bank' under SARFAESI Act, and arbitration under Multi-State Cooperative Societies Act does not bar subsequent SARFAESI proceedings.

The judgment concerns three writ petitions filed by borrowers challenging actions taken by Abhyudaya Co-operative Bank Ltd. and Piramal Capital and Ho...