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High Court of Karnataka Quashes Termination Notices Issued by Electricity Supply Companies to Sugar Mills Under Power Purchase Agreements for Bagasse-Based Cogeneration Plants. Court Declares PPAs Valid Until Expiry on 01.01.2022 and Directs Parties to Continue Performance.

The judgment concerns a batch of writ petitions filed by sugar mills (Shree Renuka Sugars Limited, Sri Chamundeshwari Sugar Limited, and others) chall...

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Supreme Court Upholds NCLAT Decision on Limitation in Insolvency Petition Initiated by Financial Creditor. Application Under Section 7 of Insolvency and Bankruptcy Code, 2016 Held Within Limitation After Excluding Time Spent in SARFAESI Proceedings Under Section 14(2) of Limitation Act, 1963.

The appeal arose from a judgment of the National Company Law Appellate Tribunal (NCLAT) dismissing an appeal against an order of the National Company ...

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Bombay High Court Quashes Removal Order of APMC Chairman for Non-Compliance with Section 17 of Maharashtra APMC Act — Resolution Not Passed by Requisite Majority. The court held that the requirement of a resolution by at least 10 members is mandatory and cannot be dispensed with.

The petitioner, Sharad Bapuraoji Deshmukh, was an elected Director and Chairman of the Agricultural Produce Market Committee, Wardha. The District Dep...

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High Court of Karnataka Allows Appeal by Liquidator in Recovery Suit Against Bank for Wrongful Payment After Liquidation — Bank Liable to Pay Fixed Deposit Amount to Liquidator Despite Payment to Company Director After Winding Up.

The plaintiff, Gowribidanur Sahakara Sakkare Karkhane Ltd., a co-operative society under liquidation, filed a suit for recovery of money against India...

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Bombay High Court Quashes Suspension of Headmistress for Lack of Prior Approval Under Rule 35(2) of MEPS Rules, 1981. Management's failure to obtain prior approval from Education Officer renders suspension order invalid from inception.

The petitioner, Geeta Ganpatrao Suryawanshi, was employed as Headmistress at Shraddheya Mahila Bahuudeshiya Sanstha. On 12.05.2011, she was suspended ...