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High Court of Karnataka Directs Banks to Comply with RBI Prudential Framework for Stressed Assets Resolution in Writ Petition by Borrower Company. The court held that the RBI circular dated June 7, 2019, is binding on banks and that the borrower has a right to seek a review meeting under the framework.

The petitioner, Ganjam Nagappa and Son Private Limited, a company incorporated under the Companies Act, 1956, filed a writ petition under Articles 226...

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Karnataka High Court Allows Writ Petition Challenging Appointment of Director in BESCOM Board Without Hearing. Impugned Order Quashed for Violation of Principles of Natural Justice Under Article 226 of Constitution of India.

The petitioner, G Ashok Kumar, was working as Managing Director of Karnataka Vidyuth Karkane and was also a nominated Director (Technical) on the Boar...

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Bombay High Court Dismisses Petitioners in Caste Certificate Validation Case Due to Fraud and Suppression. Suppression of invalidation of close relative's certificate and reliance on fraudulent records disentitles petitioners from validation.

The case involves two writ petitions filed by Ketaki Muttepod and Bhumayya Muttepod challenging the rejection of their tribe certificate validation by...

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High Court of Karnataka Quashes Compulsory Retirement Order as Stigmatic and Invalid. Order of compulsory retirement based on allegations of misconduct without proper inquiry is punitive and stigmatic, requiring prior opportunity of hearing.

The petitioner, J.K. Lonakar, joined the service of the respondent, Karnataka Food and Civil Supplies Corporation Limited, a government-owned company ...