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Bombay High Court Dismisses Municipal Corporation's Challenge to Arbitral Award in Water Treatment Plant Contract Dispute. Arbitration Proceedings Conducted Under ICC Rules Were Valid Despite Corporation's Objection to Applicability of Rules.

The Petitioner, Municipal Corporation of Greater Mumbai, filed a petition under Section 24 of the Arbitration & Conciliation Act, 1996 challenging an ...

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Bombay High Court Allows SFC Petition Against Guarantors Under Section 31(1)(aa) of SFC Act, 1951 — Guarantors Liable Despite Company's Winding Up. Guarantee is a separate contract and liability of guarantor is co-extensive with principal debtor under Section 128 of Indian Contract Act, 1872.

The petitioner, SICOM Limited, a State Financial Corporation, filed a petition under Section 31(1)(aa) of the State Financial Corporation Act, 1951 ag...

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Bombay High Court Allows Writ Petition Challenging Stamp Duty Demand on Agreement for Sale. Agreement for Sale Without Possession Not a Conveyance Under Bombay Stamp Act, 1958.

The petitioner, Nirmala Manherlal Shah, entered into an agreement for sale of immovable property in Mumbai. The agreement did not involve delivery of ...

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Bombay High Court Dismisses Landlords' Petition Challenging Remand Order by Maharashtra Revenue Tribunal in Tenancy Dispute. Finality Clause under Section 73 of Bombay Tenancy and Agricultural Lands Act, 1948 Does Not Bar Revision Jurisdiction of Tribunal When Possession Issue Remains Unresolved.

The petitioners, landlords, were aggrieved by an order of the Maharashtra Revenue Tribunal (MRT) dated 31 July 1991 in Revision Application No. MRT.P....

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Bombay High Court Dismisses Petition Challenging Publication of Name on Website of Beneficiary Dealers in Hawala Transactions Case. Input Tax Credit Claim Based on Bogus Invoices from Fictitious Vendors Justifies Revenue's Action Under MVAT Act.

The petitioner, M/s Timex Art Décor Pvt. Limited, a registered dealer in plywood and decorative laminates, filed Modvat returns for 2008-09 and 2009-...

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Bombay High Court Dismisses Appeal Against Summary Judgment in Commercial Contract Dispute. Exclusive Jurisdiction Clause in Purchase Order Held Inapplicable as No Cause of Action Arose at Stipulated Venue.

The respondent, Shell Life Sciences Pvt. Ltd., filed a summary suit under Order 37 of the Code of Civil Procedure, 1908, against the appellant, Aglowm...

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High Court of Bombay Dismisses Petition Challenging Arbitral Award in Contract Dispute — No Patent Illegality Found. The court upheld the award granting balance machinery price and interest, rejecting claims of breach for non-procurement of insurance under the Arbitration and Conciliation Act, 1996.

The petitioner, M/s. Neptune Marine Pvt. Ltd., challenged an arbitral award dated 18 August 2008 and a modified award dated 30 January 2012 under Sect...