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Bombay High Court Dismisses Appellant's Appeal Against Arbitral Award in Tie-Up Agreement Dispute. Court Upholds Arbitrator's Finding that Agreements Were Joint Venture, Not Loan, and Confirms Award of Counterclaim with Interest.

The appellant, National Agricultural Co-operative Marketing Federation of India Limited (NAFED), and the first respondent, Roj Enterprises (P) Limited...

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Bombay High Court Delivers Oral Judgment on Petitions Challenging SEBI's Show Cause Notices to Auditors of Satyam Computers. Question of SEBI's Jurisdiction under Sections 11, 11B, and 11(4) of SEBI Act Raised in Wake of Satyam Fraud Disclosure.

The matter arose from writ petitions filed by Price Waterhouse & Co. and other chartered accountant firms along with individual partners challenging t...

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Supreme Court Strikes Down BCCL's Tender Decision for Arbitrariness and Discrimination. The Supreme Court upholds fairness and transparency in government contracts, ensuring compliance with constitutional principles.

The court held that government authorities, while exercising discretion in contractual matters, must ensure fairness, transparency, and equality. The ...

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Bombay High Court Dismisses Petition Challenging Tender Eligibility Decision in Municipal Solid Waste Management Project — Court Refuses to Interfere with Expert Committee's Evaluation of Technical Capacity and Debarment Status.

The petitioner, Adarsh Bharat Enviro Pvt. Ltd., challenged the decision of Ichalkaranji Municipal Corporation (Respondent No. 2) to declare Respondent...

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Bombay High Court Hears Chamber Summons Filed by Defendant for Return of Plaint in Suit for Damages Under Lease Agreement. Application Seeks Transfer to Chennai Court Citing Exclusive Jurisdiction Clause; Court Also Considers Limitation and Cause of Action.

The matter pertained to a chamber summons filed by the defendant in a suit for damages. The defendant, Integrated Finance Co. Ltd., sought return of t...