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Bombay High Court Examines Section 34 Challenge to NSE Arbitral Awards on Limitation Grounds. Court Holds Three-Month Time Limit Under NSE Bye-laws Rule 13(b) is Directory and First Hearing Date Under Rule 13(d) is Date of Actual Hearing, Not Scheduled Hearing.

The matter arose from an arbitration petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by an investor challenging an appel...

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ARBITRATION PETITION NO.549 OF 2013

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High Court of Karnataka Allows Appeal Against Rejection of Plaint in SARFAESI Act Suit — Limitation Period for Challenge to Auction Sale Under Article 137 of Limitation Act Is Three Years from Date of Sale Confirmation

The appellant, R Venkatapathy, filed a suit (O.S. No. 8639/2006) before the City Civil Court, Bangalore, challenging the auction sale of property cond...

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Bombay High Court Dismisses Petition Challenging Tender Award in Municipal Solid Waste Management Contract. Court upholds Municipal Corporation's decision to award contract to lowest bidder, rejecting allegations of bias and procedural irregularities.

The petitioners, M.E.Infraprojects Pvt.Ltd and K.K.Carrier, formed a joint venture and participated in an e-tender issued by the Municipal Corporation...

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Bombay High Court Quashes Attachment and Sale of Residential Bungalow in Income Tax Recovery Proceedings. Order Beyond Limitation Period Under Rule 68B(3) of Second Schedule and Non-Compliance with Proclamation Requirements Render Sale Invalid.

The case involved a writ petition under Article 226 of the Constitution of India challenging the attachment and proposed sale of a residential bungalo...

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High Court of Karnataka Dismisses Writ Petition Challenging Tribunal Orders in SARFAESI Proceeding. Borrowers Failed to Comply with Conditional Orders and Sale Certificate Was Already Issued to Auction Purchaser.

The case arose from a writ petition filed under Articles 226 and 227 of the Constitution of India challenging two orders of the Debts Recovery Tribuna...

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Bombay High Court Dismisses Petitioner's Challenge to ONGC's Decision to Open Price Bid of Technip in Tender for Onshore Terminal. Court holds that deficiencies in technical bid were curable and decision based on Independent External Monitor's recommendation was not arbitrary.

The Petitioner, KSS Petron Pvt. Ltd., challenged a communication dated 6th January 2014 from Respondent No.1, Oil and Natural Gas Corporation Ltd. (ON...