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Bombay High Court Dismisses Appeal Against Refusal to Set Aside Ex-Parte Decree in Suit for Declaration and Injunction — Appellant Failed to Show Sufficient Cause for Non-Appearance Under Order IX Rule 13 CPC.

The appellant, Ravi Kiran Aggarwal, filed an appeal under Order XLIII Rule 1(d) of the Code of Civil Procedure, 1908, against the order of the City Ci...

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Bombay High Court Allows Revenue's Appeal on Deduction Limit Under Section 36(1)(viia) of Income Tax Act. The court held that deduction for provision for bad and doubtful debts is limited to 5% of gross total income, not total income after other deductions.

The Revenue appealed against the order of the Income Tax Appellate Tribunal which allowed a deduction of Rs.3,57,34,509 under Section 36(1)(viia) of t...

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Bombay High Court Dismisses MSEDCL Petition Against Electricity Ombudsman Order Limiting Recovery of Arrears Under Section 56(2) of Electricity Act, 2003. Court upholds two-year limitation period for recovery of electricity charges, rejecting claim for arrears from 2003 to 2010.

The petitioner, Maharashtra State Electricity Distribution Company Limited (MSEDCL), challenged an order of the Electricity Ombudsman dated December 2...

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Bombay High Court Dismisses Petition Challenging SEBI Consent Guidelines Requiring Pendency of Proceedings. Requirement of pendency of court proceedings or adjudication for consent applications under SEBI Guidelines is not arbitrary and does not violate Article 14 of the Constitution.

The petitioners, Shilpa Stock Broker Pvt. Ltd. and another, filed a writ petition under Article 226 of the Constitution challenging the validity of cl...

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Bombay High Court Dismisses Writ Petition Challenging Termination of Services of 73 Employees of Maharashtra State Electricity Board. Termination Upheld as Valid Due to Non-Compliance with Statutory Recruitment Rules and Lack of Approval from State Government.

The judgment pertains to a writ petition filed by 73 employees of the Maharashtra State Electricity Board challenging their termination of services. T...

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Bombay High Court Upholds Arbitral Award in Stock Trading Dispute — Rejects Challenge Under Section 34 of Arbitration Act for Lack of Patent Illegality. Counterclaim Dismissal Upheld as Reasoned and Within Arbitral Tribunal's Discretion.

The petitioner, M/s. Indiabulls Securities Ltd., a trading member of the National Stock Exchange (NSE), challenged an arbitral award under Section 34 ...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Pipeline Construction Dispute. Court upholds arbitrator's findings on breach of contract and quantum of damages, rejecting challenge under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, Mahanagar Gas Ltd., challenged an arbitral award dated 5th March 2010 passed by a sole arbitrator under Section 34 of the Arbitration ...