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High Court of Madras Disposes of Batch of Writ Petitions Challenging Income Tax and GST Assessment Orders, Suo Motu Impleads State Bank of India. No specific legal finding or ratio is discernible from the available text.

The High Court of Madras heard a batch of writ petitions filed by multiple corporate entities, including Aqua Terra Coke and Energy Limited (formerly ...

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Bombay High Court Quashes Removal Order in Cooperative Bank Case — Violation of Natural Justice. Direction to remove employee before show cause notice violates Section 79A(3)(b) proviso of Maharashtra Cooperative Societies Act, 1960 requiring reasonable opportunity of hearing.

The petitioners, The Jalna People's Cooperative Bank Ltd. and its General Manager Nandkishore Tank, challenged an order/notice dated 12.08.2010 passed...

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Bombay High Court Dismisses Appeal by Lenders Against Order Setting Aside Sale of Mortgaged Property Under SARFAESI Act — Held That Sale Was Not Conducted in a Fair and Transparent Manner and That the Borrower Was Not Given Adequate Notice of the Sale.

The case involves an appeal by a consortium of banks and a trustee company (the lenders) against an order of the Debt Recovery Tribunal (DRT) setting ...

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Bombay High Court Allows Writ Petition Challenging Disqualification of Director Under Section 73CA(1)(vi) of Maharashtra Co-operative Societies Act, 1960. Letting out jointly owned premises to co-operative bank does not constitute disqualification as 'lessor' under the provision.

The petitioner, Anant Gunvantrao Sable, was elected as a director of the Amravati District Central Co-operative Bank Ltd. (respondent no.4). The respo...

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High Court Adjudicates on Official Liquidator's Report on Claims of Secured Creditors in Company Liquidation. Distribution of Sale Proceeds from Assets of Company Under Liquidation Determined Based on Debts Recovery Tribunal Order.

The matter concerned the winding up of Maharashtra Explosives Ltd., a company incorporated under the Companies Act, 1956. By order dated 12-8-2001, th...

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High Court of Karnataka Allows Writ Petitions Challenging Third Delegation of Voting Rights in Cooperative Society Elections; Aggregation of Delegations Under Different Cooperative Enactments Held to Trigger Bar Under Section 21 of Karnataka Co-operative Societies Act, 1959.

These three writ petitions, filed under Articles 226 and 227 of the Constitution, were heard together by the Karnataka High Court, Dharwad Bench. The ...