Search Results for "Security interest"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
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Search Results for "Security interest"

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High Court

High Court of Karnataka Dharwad Bench Considers Writ Petition for Regularization of Daily Wage Employees Under Panchayat Raj Engineering Division. The Court Examined Whether Employees Appointed Against Sanctioned Vacant Posts and Completing 10 Years of Service Are Entitled to Regularization in Light of Government Circulars and Supreme Court Precedent.

20 Feb 2025

The petitioners, daily wage employees in the Panchayat Raj Engineering Division, filed a writ petition seeking regularization of their services from t...

High Court

Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Restores Arbitral Award Holding Put and Call Options in Share Purchase Agreement as Enforceable. The court held that clauses 8.5 and 8.5.1 of the Share Purchase Agreement are not forward contracts or derivatives under SCRA and SEBI circulars, and the Single Judge erred in setting aside the award.

2 Feb 2023

The appellants, Percept Finserve Private Limited and Percept Limited, entered into a Share Purchase Agreement with Edelweiss Financial Services Limite...

High Court

Bombay High Court Allows Appeal in Suit for Reconveyance of Sale Deed Executed as Security for Loan — Transaction Held to be Mortgage by Conditional Sale. The court held that a sale deed executed with an agreement to reconvey upon repayment of a loan constitutes a mortgage by conditional sale under Section 58(c) of the Transfer of Property Act, 1882, and the suit for reconveyance filed within 30 years was within limitation.

26 Oct 2010

The appellant, Balbhim Sakharam Magar, filed an appeal against the judgment and order dated 10th July, 2003 in Regular Civil Appeal No. 25 of 1993, wh...

High Court

Bombay High Court Allows Attachment of Assets in Summary Suit for Unpaid Freight and Demurrage — Plaintiff Granted Injunction Against Sale of Iron Ore Cargo and Direction to Furnish Security Under Order XXXVIII Rule 5 CPC. Court Held That Where Defendant Is Likely to Dispose of Property to Defeat Decree, Court May Direct Security or Attachment.

10 Jan 2013

The plaintiff, SJJ Marine Pte Ltd, filed a summary suit against Pisces Exim (India) Private Limited (Defendant No.1) and another (Defendant No.2) for ...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award Under Section 34 of Arbitration Act — Assignment of Debt Does Not Include Right to Challenge Award. Multi State Cooperative Societies Act, 2002 Section 84 Arbitration Award Upheld as Claim Was Not Time-Barred and Arbitrator Had Jurisdiction.

10 Jun 2013

The petitioner, Sicom Limited, as assignee of the rights of The Shamrao Vithal Cooperative Bank Limited under an Assignment Deed dated 31 March 2010, ...

High Court

Bombay High Court Allows SFC's Claim for Priority Over Central Excise Dues in Recovery from Borrower's Assets. State Financial Corporation's Statutory Charge Under Section 29 of SFC Act, 1951 Prevails Over Crown Debt Under Central Excise Act, 1944.

18 Jul 2006

The petitioner, SICOM Ltd., a State Financial Corporation established under the State Financial Corporations Act, 1951, advanced a term loan of Rs. 51...

High Court

Bombay High Court Allows Transfer of Arrested Vessel for Cargo Discharge and Repairs Subject to Security and Undertakings. Head Owners Granted Permission to Move M.T. Everrich 8 from Ennore to Haldia, with Conditions to Protect Plaintiff's Claim and Court's Jurisdiction.

14 Sep 2015

The case involves a Notice of Motion filed by the head owners of the vessel M.T. Everrich 8 (the Applicant) seeking transfer of the vessel from the po...

High Court

High Court of Bombay at Nagpur Allows Writ Petition Challenging Rejection of Tender Bid for Non-Submission of Banker's Certificate — Chartered Accountant Certificate Held Sufficient as Past Practice and Non-Essential Condition. The court quashed the communication insisting on a Banker's Certificate and directed consideration of the petitioner's bid based on the Chartered Accountant's certificate.

18 Nov 2015

The petitioner, M/s B. Ganga Transport and Sai Trade Link Joint Venture, challenged a communication dated 7.9.2015 from respondent no. 2 (General Mana...

Supreme Court

Supreme Court Allows Creditor’s Appeal Against Direction to Exhaust Remedies Against Principal Before Proceeding Against Surety. Direction Under Order XX Rule 11(1) CPC Set Aside as Contrary to Law on Guarantees and Lacking Specific Reasons.

8 Aug 1968

The appellant, Bank of Bihar Ltd., lent money to the first respondent, Damodar Prasad, on the guarantee of the second respondent. The bank filed a sui...

High Court

Bombay High Court Dismisses Enforcement Petition for Foreign Award Citing Lack of Jurisdiction Due to Prior Section 34 Filing. Section 42 of Arbitration and Conciliation Act, 1996 Vests Exclusive Jurisdiction with the Court at Jamkhambalia Where the Section 34 Application Was First Filed.

20 Dec 2010

The petitioners, Pacific Basin Ihx (UK) Ltd., a company incorporated in England engaged in shipping, sought enforcement of a foreign arbitration award...

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