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Bombay High Court Allows Appeal in Company Petition — Interim Relief Granted to Restrain Alienation of Property. Balance of convenience favored grant of ad-interim relief to protect subject matter of petition under Sections 397, 398 of Companies Act, 1956.

The present appeal arises from a Company Petition No. 149 of 2012 filed under Sections 397 and 398 of the Companies Act, 1956, alleging oppression and...

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Supreme Court Rejects Lease Renewal for BPMEL Mines, Upholds Odisha Government's Stance. High Court's Directive for High-Powered Committee Overturned; TGP's Appeal Dismissed; Workers' and Creditors' Claims to Proceed Under Companies Act

The Supreme Court has granted permission to file a special leave petition by TGP Equity Management Private Limited against the orders of the High Cour...

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Bombay High Court Dismisses Employer's Petition Challenging Labour Court Award of Reinstatement with Back Wages. Termination of workman without compliance with Section 25F of Industrial Disputes Act, 1947 held illegal, and reinstatement with full back wages upheld.

The petitioner, M/s. Carona Ltd., challenged the judgment and order of the Labour Court, Mumbai, dated 30th September 2016, in Reference (IDA) No. 156...

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Bombay High Court Dismisses PIL Challenging TDR Loading and FSI Computation for Redevelopment Project. Court upholds MCGM's permission for TDR and fungible FSI, finding no illegality or public interest violation.

The petitioner, Nitesh Mohanlal Doshi, filed a Public Interest Litigation under Article 226 of the Constitution of India challenging the permission gr...

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Bombay High Court Dismisses Petition Challenging Monitoring Committee's Order in Mukesh Mills Redevelopment Case — CRZ-II Zoning and Development Control Regulations Apply to Textile Mill Land.

The petitioners, M/s TCI Industries Ltd and its Executive Director, owned a large property in Colaba, Mumbai, known as Mukesh Mills, a former cotton t...

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Bombay High Court Dismisses Appeal Seeking Permanent Stay of Winding Up of Svadeshi Mills Company Limited. Section 466 of Companies Act, 1956 does not permit stay of winding up after assets have been sold and substantial progress made in liquidation.

The case concerns an appeal against the dismissal of a company application under Section 466 of the Companies Act, 1956, seeking a permanent stay of t...

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Bombay High Court Dismisses Writ Petition Against DRAT Order Rejecting One Time Settlement in Debt Recovery Case. RBI Circular of 2003 Held Not Applicable to Accounts That Became NPA Before 31st March 2000.

The petitioners, Kanwar Vilas Raj Nath and another, filed a writ petition challenging an order of the Debts Recovery Appellate Tribunal (DRAT) dated 4...