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Bombay High Court Dismisses Winding-Up Petition by Deutsche Bank Against Finolex Industries Under Section 433(e) Companies Act, 1956 — Disputed Derivative Transaction Debt Precludes Summary Winding-Up. Court Holds That Winding-Up Petition Is Not a Debt Recovery Mechanism and Dismisses Petition with Costs.

The judgment arises from a Company Petition filed by Deutsche Bank AG, Mumbai Branch, seeking winding-up of Finolex Industries Limited under Section 4...

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Bombay High Court Dismisses Appeal in Specific Performance Suit — Agreement Not Proved and Time Not Essence. Plaintiff failed to establish execution of agreement for sale and readiness and willingness to perform, leading to dismissal of suit for specific performance.

The appellant, Shaikh Hidayat, filed a suit for specific performance of an agreement for sale of property admeasuring about 11920 sq. mtrs. at Borda, ...

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Bombay High Court Dismisses Petitions Seeking Declaration of Lapse of Land Acquisition Under Section 24(2) of the 2013 Act — Petitioners Guilty of Suppression of Facts. Land Acquisition Lapse Claim Rejected as Petitioners Had Received Compensation and Suppressed Earlier Proceedings.

The petitioners, a husband and wife, filed two writ petitions before the Bombay High Court seeking a declaration that the acquisition of their lands b...

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Supreme Court Acquits Accused in Abetment of Suicide Case Due to Lack of Mens Rea and Active Participation. Joint Suicide Pact Does Not Amount to Abetment Under Section 306 IPC.

The case pertains to the death of actress Ms. Pratyusha, who consumed poison along with the appellant, Gudipalli Siddhartha Reddy, on 23rd February 20...

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High Court Dismisses Civil Revision Petition in Contract Dispute - Limitation Issue for Damages Suit Held to be Mixed Question of Law and Fact - Trial Court Order Rejecting Plaint Rejection Application Under Order VII Rule 11(d) CPC Upheld

The petitioner company challenged termination of contract dated 26.04.2012 through writ proceedings which were dismissed -- The respondents filed suit...

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High Court of Karnataka Allows Writ Petition Against Bank Forfeiture — Directs Refund of Rs.24.10 Lakhs Deposit with Interest. Forfeiture of deposit without contractual authority in auction sale is arbitrary and unjust, warranting refund with interest at 6% per annum.

The petitioner, P Balaji Babu, participated in an auction conducted by the State Bank of India (respondent No.1) for the sale of immovable property ow...

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High Court Directs Revisional Authority to Consider Revision Petition Within Six Weeks in Site Allotment Cancellation Case. Mandamus issued under Articles 226 and 227 of the Constitution of India for consideration of revision petition under Section 63 of Karnataka Urban Development Authorities Act, 1987.

The petitioner, Mr. N. Harish, filed a writ petition under Articles 226 and 227 of the Constitution of India before the High Court of Karnataka at Ben...