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Bombay High Court Examines Whether Assignee Bank Can Invoke SARFAESI Act for Debt Assigned by NBFC. The case involves interpretation of 'debt' and 'secured creditor' under SARFAESI Act, 2002 and RDDBFI Act, 1993, and the effect of assignment from a non-banking financial company to a bank.

The petitioner, a banking company, sought to enforce security interest under the SARFAESI Act after acquiring a debt and underlying security from a no...

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Bombay High Court Allows Municipal Council's Challenge to Labour Court Awards in Retrenchment Compensation Cases. Payment of Retrenchment Compensation Shortly After Termination Held Sufficient Compliance with Section 25F of Industrial Disputes Act, 1947.

The Ahmednagar Municipal Council filed multiple writ petitions challenging the common judgment and order of the Labour Court, Ahmednagar, dated 30th A...

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High Court of Karnataka Allows Insurance Company's Appeal in Motor Accident Claim — Policy Taken After Accident Not Valid. Insurer Not Liable Where Insurance Policy Was Issued After the Accident Occurred, as Premium Paid Post-Accident Cannot Cover Pre-Existing Risk.

The case involves an appeal by the United India Insurance Company against the judgment and award of the Motor Accidents Claims Tribunal, Bidar, which ...

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High Court of Karnataka Enhances Compensation for Motor Accident Victim in MFA No. 9207/2013. The court increased the notional income, disability percentage, and awarded future prospects, resulting in enhanced compensation of Rs. 5,00,000/-.

The appellant, Sri Basavaraja Beerappa Kambali, filed an appeal under Section 173(1) of the Motor Vehicles Act, 1988, challenging the judgment and awa...

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Bombay High Court Allows Petitions Challenging Settlement in Industrial Dispute for Breach of Section 12 of Industrial Disputes Act and Rule 11 of Industrial Disputes (Bombay) Rules. Settlement Dated 5.9.2008 Quashed as Void Ab Initio for Non-Compliance with Mandatory Conciliation Procedure.

The judgment concerns two writ petitions challenging a settlement dated 5.9.2008 arrived at in conciliation between NRC Limited (the company) and NRC ...

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