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Supreme Court Dismisses Appeal of Suspended Director Against Admission of Insolvency Petition by Canara Bank Under Section 7 of IBC. Held that a suspended director has no locus standi to challenge the admission of a Section 7 application as the corporate debtor is the proper party.

The case involves an appeal by M. Suresh Kumar Reddy, claiming to be a suspended director of M/s Kranthi Edifice Pvt. Ltd. (corporate debtor), against...

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Bombay High Court Allows Petitions Challenging Demolition of Structures by Nashik Municipal Corporation Without Proper Notice and Hearing. Demolition Without Prior Notice Violates Principles of Natural Justice Under Section 53A of MRTP Act and Section 169 of MMC Act.

The judgment involves a group of writ petitions filed by individuals and businesses challenging the demolition of their structures by the Nashik Munic...

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Bombay High Court Dismisses Appeals of Retired Employees Against Cooperative Bank's SARFAESI Recovery Proceedings. Employees Held Not to Be 'Borrowers' and Lack Locus Standi to Challenge Auction Sale Without Payment of Dues.

The judgment pertains to a batch of Letters Patent Appeals filed by retired employees of Shamrao Vithal Cooperative Bank Ltd. against the dismissal of...

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High Court of Judicature at Bombay, Aurangabad Bench, Adjudicates Appeal Against Rejection of Public Trust Registration. The Court Examines Whether 'Shri Sheriche Mahadev Mandir' Qualifies as a Public Trust Under Maharashtra Public Trusts Act, 1950, Based on Admissions, Management History, and Will Deed.

The case arose from an attempt to register 'Shri Sheriche Mahadev Mandir' in Jalna as a public trust under the Maharashtra Public Trusts Act, 1950. Th...

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Bombay High Court Dismisses Petitions Challenging Cooperative Bank Recovery Proceedings Under Maharashtra Cooperative Societies Act, 1960 — Petitioners Failed to Show Any Error in the Award or Recovery Certificate.

The judgment concerns a batch of writ petitions filed by various individuals (the petitioners) against Shamrao Vithal Cooperative Bank Ltd. (the respo...