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Bombay High Court Dismisses Writ Petition of Retrenched Workers Seeking Reinstatement and Continuity of Service. Workers of a closed textile mill not entitled to reinstatement as closure was genuine and compensation under Section 25FFF of Industrial Disputes Act, 1947 was paid.

The petitioners, 42 workers of Kalmeshwar Textile Mills, challenged their retrenchment following the closure of the mill. The mill was closed due to f...

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High Court of Bombay Considers Appeals Against Company Law Board Order Directing Buyout of Majority Stake in Wind Energy Company. The majority shareholder challenged the finding of oppression and the forced sale of shares to minority shareholders under sections 397, 402 and 403 of the Companies Act, 1956.

The proceedings arose from disputes between the shareholders of Enercon (India) Limited, now known as Wind World (India) Limited, a company engaged in...

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Supreme Court Allows Revenue's Appeals in Income Tax Case on Disallowance of Excess Cane Price Paid by Cooperative Society. Excess Payment Over Statutory Price Under Sugarcane (Control) Order, 1966 Held Not Deductible as Business Expenditure Under Section 37(1) of Income Tax Act, 1961.

The case involves a batch of appeals by the Commissioner of Income Tax, Bombay against the assessee, Tasgaon Taluka Sahakari Sikhar Karkhana Limited, ...

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Bombay High Court Hears Arbitration Petition - ONGC Challenges Umpire’s Award Granting Six Days’ Extension in Pipeline Project. Petition contends that the extension was granted in breach of contract clauses 5.9 and 41.8 and without evidence, after rejecting the related claim for cost of repairs.

The dispute arose from a contract dated 6 November 1989 between Oil and Natural Gas Corporation Limited (ONGC) as employer and a consortium of foreign...

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High Court of Karnataka Dismisses Insurance Company's Appeal in Motor Accident Claim Case — Upholds Compensation of Rs. 47,20,116 for Death of Software Engineer. Negligence of Tractor Driver Proved; Insurance Company Liable to Pay Compensation Under Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by the legal representatives of the deceased Shailesh, who died in a road accident on 10-12...