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Bombay High Court Convicts Directors for Default in Filing Statement of Affairs Under Section 454(5) of Companies Act, 1956 — Failure to Submit Statement Despite Repeated Court Orders and Notices Constitutes Offence Without Reasonable Excuse.

The Official Liquidator of M/s. Geeta Marine Services Pvt. Ltd. filed a complaint under Section 454(5) of the Companies Act, 1956 against four accused...

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Bombay High Court Allows Petition of Sarpanch Challenging Removal Under Maharashtra Village Panchayats Act — Appellate Order Set Aside for Non-Application of Mind. Minister Failed to Consider Petitioner's Submissions, Violating Principles of Natural Justice Under Section 39(3) of the Act.

The petitioner, Vilas Bhagwat Jagtap, was elected as Sarpanch of Village Panchayat Mudegaon in October 2017. Due to political rivalry, respondent no. ...

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Supreme Court Seeks Resolution of Dispute Over Unauthorized Colony in Faridabad Through Arbitration and Committee Formation. The Court directs parties to submit responses on land extent, layout, and development charges to facilitate completion of the project.

The present dispute pertains to the claim of allottees who were not allotted plots on land owned by respondent No.6-Colonizer, Durga Builders Pvt. Ltd...

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Bombay High Court Allows Debenture Trustee's Claim for Payment from Suit Amount Held by Court Receiver in Priority Over Assignee of Decree. The court held that an assignee of a decree steps into the shoes of the assignor and cannot claim priority over the original decree holder who is a debenture trustee.

The dispute arose from a suit filed by ICICI Bank Ltd. (plaintiff) as debenture trustee for holders of 15% non-convertible debentures issued by Pal Pe...

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Bombay High Court Dismisses Challenge to Arbitral Award in Television Serial Production Dispute. Arbitrator's Findings on Breach of Contract and Quantum of Damages Upheld Under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, Zee Entertainment Enterprises Limited, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an ...

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High Court of Bombay at Nagpur Quashes Removal of Bank Officer in Disciplinary Proceeding for Violation of Natural Justice. Non-Supply of Documents and Enquiry Report, and Bias by Enquiry Officer Lead to Setting Aside of Removal Order Under Service Law.

The petitioner, Balaji Digambarrao Kotgire, was appointed as a Clerk-cum-Cashier in the Oriental Bank of Commerce on 7th July 1979. He was later promo...

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Bombay High Court Upholds Industrial Court Order Against Employer for Unfair Labour Practices in MRTU & PULP Act Case. Employer directed to reinstate employee with full back wages and permanency benefits for engaging in unfair labour practices under Items 6 and 9 of Schedule IV of MRTU & PULP Act, 1971.

The petitioner, M/s Gannon Dunkerley & Co. Ltd., a public limited company engaged in supply of textile machinery and civil construction, challenged th...