Search Results for "Section 140 Contract Act"

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Bombay High Court Allows Summary Suit Against Principal Borrower Despite Moratorium Against Guarantors Under IBC. The court permitted the plaintiff to proceed only against defendant no.1 (principal borrower) while reserving rights against guarantors under moratorium.

The plaintiff, IL & FS Financial Services Limited, filed a commercial summary suit under Order XXXVII of the Code of Civil Procedure, 1908 to recover ...

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Gujarat High Court Dismisses Petition for Appointment of Arbitrator in Lease Dispute Between Society Member and Municipal Corporation. Arbitration Clause in Lease Agreement Not Binding on Member Who is Not a Party to the Agreement.

The petitioner, Shree Kishore Jaiprakash Agarwal, filed a petition under Section 11 of the Arbitration and Conciliation Act, 1996, seeking appointment...

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Supreme Court Validates Sub-Classification of Scheduled Castes in Landmark Judgment. Upholding Equality Within Equality: Supreme Court Endorses State's Power to Sub-Classify Scheduled Castes for Targeted Reservation.

The Supreme Court of India, in a significant ruling, has upheld the constitutionality of sub-classifying Scheduled Castes for the purpose of reservati...

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Bombay High Court Dismisses Government Appeal in BOT Bridge Dispute. Court upholds arbitral award granting escalation costs and interest to contractor for owner's delay in providing right of way and toll collection issues.

The Government of Maharashtra, through the Executive Engineer, Alibag Public Works Division, filed an appeal under Section 37 of the Arbitration and C...

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High Court of Bombay Dismisses Union of India's Appeal Against Arbitral Award of Interest in Railway Contract Dispute. Clause 16(2) Prohibiting Interest on Contractual Amounts Does Not Bar Interest on Award Amount Under Section 31(7)(b) of Arbitration and Conciliation Act, 1996.

The appellant, Union of India, challenged an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996, which was rejected by the ...