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Bombay High Court Sanctions Scheme of Arrangement in Company Petition for Revival of Sick Pharmaceutical Company. Scheme under Section 391 of Companies Act, 1956, Approved Involving Settlement of Secured Creditors' Dues through Cash and Securities.

The Pharmaceutical Products of India Limited (PPIL), a company incorporated under the Companies Act, 1956, filed two company petitions under Section 3...

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High Court of Karnataka Adjudicates Writ Petition Concerning Nursery Exemption in Land Acquisition for Dr. Shivarama Karanth Layout. Petitioner claims exemption under Government Order dated 01-01-1987 for nursery land acquired for layout formation.

Background: The case involves acquisition of land for the formation of a residential layout known as Dr. Shivarama Karanth Layout by the Bangalore Dev...

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Bombay High Court Dismisses Writ Petition Challenging Executing Court's Refusal to Reopen Partition Decree Based on Will. Executing Court Cannot Go Behind a Final Decree to Redetermine Shares on Basis of Alleged Will Produced After Decree Became Absolute.

The Bombay High Court dismissed a Writ Petition challenging the order of the Executing Court rejecting an application for framing of issues and modifi...

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Supreme Court Allows Appeal in Dishonour of Cheque Case, Reinstates Proceedings Quashed by High Court. Parallel Prosecutions Under Section 138 of the Negotiable Instruments Act, 1881 and Other Offences Are Permissible, and Settlement Agreement Does Not Extinguish Liability Unless Full Payment Is Made.

The dispute arose from dishonoured cheques issued by Aanchal Cement Limited (ACL) to Gimpex Private Limited. Gimpex had paid customs duty and wharfage...

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High Court of Judicature at Bombay Removes Interim Application and Treats Guardianship Petition as One under Clause XVII of Letters Patent. Disposal of Interim Application No. 1768 of 2025 on 24 April 2025 Leads to Removal from Board.

The High Court of Judicature at Bombay, presided over by Justice Abhay Ahuja, took up Guardianship Petition No. 8 of 2025 along with Interim Applicati...