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Bombay High Court Allows Appeal in Loan Recovery Case — Decree Satisfaction Set Aside Due to Lack of Consent. Court holds that a decree cannot be marked satisfied without the consent of the decree-holder or a valid compromise recorded under Order 23 Rule 3 CPC.

The Industrial Credit & Investment Corporation of India Ltd. (ICICI) filed a suit against Radha Silk Mills Ltd. for recovery of a foreign currency loa...

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Bombay High Court Dismisses Award Debtors' Application to Stay Execution of Consent Interim Award in Arbitration Matter. Challenge to Interim Consent Award After 6 Years Held Time-Barred Under Section 34(3) of Arbitration and Conciliation Act, 1996.

The case involves chamber summonses taken out by the award debtors (Swarup Group of Industries & Anr.) seeking to stay the execution of an interim con...

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Bombay High Court Dismisses Cross Writ Petitions Against Order Refusing to Reject Plaint in Commercial Suit — Dispute Over Nature of Agreements as Lease or Leave and Licence Requires Trial.

The judgment concerns two cross writ petitions arising from a commercial suit. The petitioner, Siyaram Packaging Pvt. Ltd., filed Commercial Suit No.4...