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Bombay High Court Allows Termination of Liquidation of Cooperative Sugar Factory Under Section 105 MCS Act — Revival Plan Approved. Court finds revival plan feasible and in interest of stakeholders, directs termination of liquidation subject to payment of dues.

The judgment concerns two writ petitions and two civil applications seeking termination of liquidation proceedings of The Karmaveer Kakasaheb Wagh Sah...

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Bombay High Court Dismisses Appeal Against Refusal to Injunction Bank Guarantee Encashment in Commercial Dispute. No Case of Fraud or Irretrievable Injustice Made Out to Restrain Bank Guarantee Invocation Under Contract Law Principles.

The appeal arises from an order of the learned Single Judge refusing to grant an injunction restraining the respondent from encashing a bank guarantee...

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Bombay High Court Allows Application Challenging Condition of Deposit in Suspension of Sentence in NI Act Case — Appellate Court Cannot Impose Deposit Condition Under Section 357(2) CrPC for Suspension of Sentence

The applicant, Maheshwar Dattatraya Kale, was convicted by the Judicial Magistrate First Class, Pune, under Section 138 of the Negotiable Instruments ...

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High Court of Karnataka Dismisses Writ Petition Challenging Rejection of Application to File Counter-Claim Under Section 151 CPC. Trial Court's Discretion to Refuse Counter-Claim After Issues Framed and Evidence Commenced Upheld.

The petitioner, Smt. Parvathamma, was defendant No.3 in a suit for declaration and consequential reliefs filed by respondent No.1, Smt. Jayamma, in O....

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Supreme Court Dismisses Appeal of Distribution Licensee Against Tariff Revision for Change in Law Under Electricity Act, 2003. Non-Allocation of Coal Linkage Despite Government Assurance Constitutes Change in Law Entitling Generating Company to Compensatory Tariff.

The case involves a dispute between Jaipur Vidyut Vitran Nigam Limited (JVVNL), an electricity distribution licensee in Rajasthan, and Adani Power Raj...