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Bombay High Court Upholds Admission of Winding-Up Petition Against Telecom Company Due to Substratum Erosion and Deadlock. Cancellation of 2G Licences and Irreconcilable Differences Between Equal Shareholders Justify Winding-Up Under Section 433(f) of the Companies Act, 1956.

The appeal arose from an order of the company judge admitting a petition for winding up of Etisalat D.B. Telecom Limited (the company) under Section 4...

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Supreme Court Disposes of Land Dispute Through Compromise - Parties Agree to Division of Agricultural Land Among Mortgagees, Original Owners, and Purchasers. The Court upheld the compromise dividing the suit land as per the Memo of Compromise, directing mutation and registration.

The appeal arose from a judgment of the Bombay High Court at Aurangabad Bench dated 13.01.2005 in Writ Petition No.1389 of 1989. The dispute concerned...

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High Court of Karnataka Dismisses PIL Seeking Implementation of Cow Slaughter Ban and Cattle Protection Laws — Court Finds No Violation of Statutory Provisions and Declines to Issue Mandamus.

The High Court of Karnataka dismissed a Public Interest Litigation (PIL) filed by the Registrar General of the High Court of Karnataka seeking directi...

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High Court of Judicature at Madras Hears Appeal Suit Challenging Partition Decree. Trial Court Ordered Partition of Suit Properties into 25 Equal Shares with 19/25 Share to Plaintiffs.

The appeal arises from the decree of the Additional District Judge, Chengalpattu, in O.S.No.243 of 2005, whereby the trial court ordered partition of ...

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Bombay High Court Dismisses Writ Petitions Challenging Arbitral Award in Share Dispute — No Grounds for Interference Under Section 34 of Arbitration Act. Court upholds award rejecting claim for specific performance of oral agreement to transfer shares, finding no valid contract and no limitation bar.

The petitioner, Vijay Shivram Pathare, filed two writ petitions under Article 226 of the Constitution of India challenging an arbitral award dated 30 ...

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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 ...