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Bombay High Court Dismisses Petition Challenging Ex-Parte Arbitral Award in Loan Recovery Dispute. Court holds that non-participation in arbitration despite notice and failure to prove fraud or bias does not warrant setting aside award under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioners, The Loot (India) Pvt. Ltd. and its directors, were borrowers and guarantors who had taken a loan from Reliance Capital Limited (the f...

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Bombay High Court Allows Summary Suit for Recovery of $300,000 in Commercial Contract Dispute. Zee Entertainment's claim for payment under a content licensing agreement upheld against Triller Inc for failure to make payment despite repeated demands.

The plaintiff, Zee Entertainment Enterprises Limited, a public listed company, filed a summary suit in the Commercial Division of the Bombay High Cour...

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Bombay High Court Hears Writ Petition Against Order of Debt Recovery Appellate Tribunal in Recovery Proceedings. The Case Involves Settlement and Auction of Property of Bradbury Mills Ltd., a Company in Liquidation, with Multiple Creditors and Guarantors.

The writ petition was filed by Everest Fincap Pvt. Ltd. challenging an order of the Debt Recovery Appellate Tribunal (DRAT) dated 22 August 2008, whic...

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KAHC020022992017_1

These intra-court writ appeals arose from a common order dated 25.04.2017, by which a single judge of the Karnataka High Court had dismissed the appel...