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Search Results for "public sector bank"

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Supreme Court

Supreme Court Allows Bank's Appeal, Upholds Liquidated Damages Clause in Employment Contract. Clause requiring employee to pay Rs. 2 lakhs for resigning before three years held valid under Section 27 of Indian Contract Act, 1872, and not opposed to public policy.

14 May 2025

The Supreme Court allowed the appeals filed by Vijaya Bank and another against the judgment of the High Court of Karnataka which had quashed clause 11...

Supreme Court

Supreme Court Directs Comprehensive Accessibility Compliance for Persons with Disabilities in Public Spaces - Emphasizes Social Model of Disability and Two-Pronged Approach to Accessibility. The Court reaffirmed accessibility as a fundamental right and directed amendment of Rule 15 of the RPWD Rules to align with Section 40 of the RPWD Act.

13 Dec 2024

This judgment arises from a writ petition filed in 2005 by Rajive Raturi, a visually challenged person, seeking directions to ensure meaningful access...

High Court

Bombay High Court Allows Revision Application of Lessor in Rent Control Exclusion Case. Company That Lost Rent Control Protection Due to High Paid-Up Share Capital Cannot Regain It by Subsequent Reduction.

4 Oct 2024

The case involves a dispute between M/s. Depe Global Shipping Agencies Pvt. Ltd. (Plaintiff/Lessor) and M/s. Mather and Platt (India) Ltd. (Defendant/...

High Court

Bombay High Court Quashes Bank's Wilful Defaulter Declaration for Violating Natural Justice. Show-cause notice lacking specific grounds renders the decision invalid under RBI Master Circular on Wilful Defaulters.

17 Jul 2019

The petitioners, Nitin Shah, Rahul Shah, and Kunal Shah, who were directors of Nitin Fire Protection Industries Ltd. (the corporate debtor under CIRP)...

High Court

Bombay High Court Dismisses Bank's Appeal Against Rejection of Section 34 Petition Challenging Arbitral Award in Housing Loan Dispute. Court upholds District Judge's order rejecting challenge to arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996, finding no grounds for interference under Section 37 of the Act.

15 Jul 2019

The appellant, The TJSB Sahakari Bank Ltd., a bank registered under the Multi-State Cooperative Societies Act, 2002, filed an appeal under Section 37 ...

High Court

Bombay High Court Upholds DRAT Order Requiring 25% Pre-deposit for Waiver of Appeal Under SARFAESI Act. Legal Heirs of Guarantor Must Deposit 25% of Section 13(2) Notice Amount as Condition for Hearing Appeal on Merits.

14 Nov 2017

The petitioners, Smt. Julie Amitabh Parekh and others, who are the legal heirs of the deceased guarantor Amitabh Arun Parekh, filed a writ petition ch...

High Court

Bombay High Court Dismisses Petitions of Former Bank Employees Seeking Pension After Resignation — Resignation Not Equivalent to Voluntary Retirement Under Bank of India (Employees) Pension Regulations, 1995. The court held that resignation is a voluntary act of giving up employment and does not entitle an employee to pension under Regulation 22 of the Bank of India (Employees) Pension Regulations, 1995, as the petitioners had not completed 20 years of qualifying service and their resignations were not treated as voluntary retirement.

21 Jul 2017

The petitioners were former employees of the Bank of India who had resigned from service. They filed writ petitions seeking a direction to the bank to...

High Court

Bombay High Court Dismisses Winding Up Petition Against Hubtown Ltd. Based on Bona Fide Dispute of Debt. Corporate Guarantee Enforcement Requires Prima Facie Case of Default and Absence of Substantial Dispute Under Section 433(e) of Companies Act, 1956.

8 May 2015

The petitioner, IDBI Trusteeship Services Ltd., filed a company petition under Section 433(e) of the Companies Act, 1956 seeking winding up of Hubtown...

High Court

Bombay High Court Dismisses PILs Alleging FDI Violations in Insurance Sector as Motivated by Personal Interest. Petitioner's failure to disclose material facts and filing of multiple petitions with similar allegations leads to dismissal with costs.

14 Aug 2014

The petitioner, Sambhaji Savakar Jadhav, filed three public interest litigation petitions under Article 226 of the Constitution of India before the Bo...

High Court

Bombay High Court Quashes Eviction Orders Against Tenant in Public Premises Act Case — Estate Officer Lacks Jurisdiction Over Genuine Tenancy Dispute. Lawful Tenant Cannot Be Evicted Under Public Premises (Eviction of Unauthorised Occupants) Act, 1971; Dispute Must Be Adjudicated by Civil Court.

3 Mar 2006

The petitioner, Nusli Neville Wadia, was a lawful monthly tenant of Flat No.B/27 at Mayfair Gardens, Malabar Hill, Mumbai, since 1 October 1972, payin...

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