Search Results for "Defaulter"

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Madras High Court Appoints Sole Arbitrator and Grants Interim Relief in Financial Dispute Over Hypothecated Assets. Court allows appointment of Receiver under Section 9 of Arbitration and Conciliation Act, 1996 to preserve assets pending arbitration.

The petitioner, Vivriti Capital Limited, filed Arb.O.P.No.720 of 2025 under Section 11(6)(a) of the Arbitration and Conciliation Act, 1996, seeking ap...

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Madras High Court Appoints Sole Arbitrator and Grants Interim Relief in Financial Dispute. Court Allows Appointment of Receiver to Secure Hypothecated Assets Under Section 9 of Arbitration and Conciliation Act, 1996.

The petitioner, Vivriti Capital Limited, filed three applications before the Madras High Court: Arb.O.P.No.720 of 2025 under Section 11(6)(a) of the A...

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High Court of Karnataka Dismisses Petitions Challenging SARFAESI Sale Notice by Cooperative Bank — Alternative Remedy Under Section 17 Available. Cooperative Bank is a 'Bank' Under Section 2(c) of SARFAESI Act, 2002, and Can Initiate Proceedings Under the Act.

The judgment pertains to two writ petitions filed by Sri N Ravindranath Kamath and another petitioner challenging the sale notice dated 19.01.2021 iss...

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Supreme Court Dismisses Appeal of Booth Allottee for Persistent Default in Payment - Resumption Order Confirmed. Rank defaulter not entitled to relief despite multiple opportunities; Article 142 cannot protect unscrupulous buyer who paid only 25% of sale consideration and defaulted for 23 years.

The Supreme Court dismissed the appeal filed by Rajiv Vohra against the State of Haryana and others, confirming the resumption order passed by the Est...

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High Court of Karnataka Dismisses Writ Appeals Challenging TDS Provisions — Upholds Constitutional Validity of Sections 194C, 194J, and 206AA of Income Tax Act, 1961. The court held that the provisions are not arbitrary or discriminatory and that TRACES is a valid administrative mechanism.

The case involves a batch of writ appeals filed by various assessees, including individuals and companies, challenging the constitutional validity of ...

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Bombay High Court Allows Writ Petition Challenging Acceptance of Nomination for APMC Election Due to Disqualification Under Section 16 of M.S. Act, 1960. Respondent No. 4 was disqualified as a defaulter of a cooperative society, yet nomination was improperly accepted.

The petitioners, Dinkar Uttamrao Patil and Pundlik Raoji Pawar, filed a writ petition under Article 226 of the Constitution of India before the Bombay...