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Bombay High Court Sanctions Scheme of Arrangement for Amalgamation of Five Transferor Companies with Unichem Laboratories Limited. Scheme held fair and reasonable under Sections 391-394 of Companies Act, 1956, despite shareholder objection.

The judgment concerns five Company Scheme Petitions filed under Sections 391 to 394 read with Sections 80, 100 to 103 of the Companies Act, 1956, seek...

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High Court of Karnataka Dismisses Appeals in Partition Suit, Upholds Trial Court's Decree for Partition and Separate Possession. The court held that the suit for partition was maintainable and that the plaintiffs had established their share in the joint family property.

The case involves a partition suit filed by the appellants (plaintiffs) against the respondents (defendants) seeking partition and separate possession...

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Bombay High Court at Goa Dismisses Petition Challenging Appointment of Court Receiver in Partnership Dispute. Appointment of Receiver Upheld as Proper Exercise of Discretion Under Order 40 Rule 1 CPC in a Suit for Dissolution of Partnership.

The petitioners, who were defendants in a suit for dissolution of partnership and accounts, challenged the appointment of a Court Receiver over the pa...

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Bombay High Court Partially Allows Challenge to Arbitral Awards in Partnership Dissolution Dispute. Court upholds award on Grant Road firm but sets aside award on Colaba firm due to lack of reasons on counterclaim.

The petitioner, Zenobia Poonawala, filed two petitions under Section 34 of the Arbitration and Conciliation Act, 1996, challenging two arbitral awards...

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INTERIM APPLICATION NO.1767 OF 2020

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Supreme Court Allows Appeal in Consumer Dispute Over Partnership Investment — Complaint Not Maintainable Under Consumer Protection Act, 1986 as Complainant Was a Partner and Transaction Was Commercial. Partner Cannot Be a Consumer; Legal Heirs of Deceased Partner Not Liable in Consumer Forum.

The Supreme Court allowed the appeal filed by the legal heirs of a deceased partner against the concurrent orders of the consumer fora directing them ...

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Bombay High Court Dismisses Petitioner's Challenge to MIDC Allotment of Industrial Plot to Partnership Firm. Court upholds MIDC's decision, finding no violation of policy or natural justice, and notes availability of alternative remedy.

The petitioner, Dr. Dhananjay Patil, filed a writ petition challenging the allotment of an industrial plot by the Maharashtra Industrial Development C...

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Bombay High Court Allows Arbitration Application Under Section 11 of Arbitration Act, Condoning 258-Day Delay. Court Appoints Sole Arbitrator to Adjudicate Partnership Disputes Arising from Deed of Alteration of Partnership Dated 10 April 2013.

The applicant, Infra Poonam Developers LLP, filed an application under Section 11 of the Arbitration and Conciliation Act, 1996 for appointment of an ...