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High Court of Karnataka Dismisses/Allows Appeals Against Interim Orders Restraining LCIA Arbitration in Convertible Debentures Dispute. Court Examines Whether Civil Suit to Restrain Arbitration is Maintainable Under Section 5 of Arbitration Act and Interprets Arbitration Clause.

The litigation arises from a dispute over a Compulsorily Convertible Debentures Subscription and Securities Holders Agreement dated 21.06.2013 between...

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Bombay High Court Disposes Public Interest Litigation and Writ Petition on STFR Meter Technology. Court Considers Enquiry into Missing Soil Parameters and Restraint on Marketing Without Multi-Zonal Validation.

The matter comprised Public Interest Litigation No. 115 of 2017 filed by Anand Embadwar and Writ Petition No. 5845 of 2018 filed by Nagarjuna Agro Che...

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High Court of Bombay Makes Rule Returnable in Writs Seeking Compliance with RBI Master Circular on Loan Restructuring. Petitioners Allege Inability to Comply with Loan Obligations Due to Telecom Industry Downturn, Seek Direction to Banks Under Paragraph 6.4 of RBI Master Circular Dated 1 July 2015.

The petitioner in Writ Petition No. 1893 of 2019, GTL Infrastructure Limited, a company incorporated under the Companies Act, 1956, filed a writ petit...

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Bombay High Court Dismisses Petition Challenging 90% Salary Grant Clause in Government Resolution for Aided Technical Institutions. Clause No.10 of GR dated 21.08.2015 does not curtail right to 100% salary as grant-in-aid is limited to 90% under Rule 9 of GR dated 18.05.1978.

The petitioner, Government Aided Technical Institutes Employees Welfare Board (GATIWEB), a registered society representing employees of aided technica...

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Supreme Court Dismisses DISCOM's Appeal in Solar PPA Force Majeure Dispute — Restrictive Appellate Jurisdiction Under Section 125 of Electricity Act, 2003 Affirmed. Government Delays in Approvals Constitute Force Majeure; No Tariff Reduction or Liquidated Damages When Developer Not at Fault.

The Supreme Court of India dismissed appeals by Bangalore Electricity Supply Company Limited (BESCOM) against an order of the Appellate Tribunal for E...