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Supreme Court Allows IFCI's Appeal Against Retirees' Claim for Enhanced Pension Under VRS-2008. Voluntary Retirement Scheme's Full and Final Settlement Clause Bars Subsequent Claims for Pay Revision Benefits.

The dispute pertains to thirty-one employees of IFCI who voluntarily retired under the Voluntary Retirement Scheme of 2008 (VRS-2008) on 1 February 20...

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Bombay High Court Allows Writ Petition Challenging Internal Complaints Committee Report in Sexual Harassment Case — Violation of Natural Justice and Vishaka Guidelines. Committee Constituted Without Independent Member and Proceedings Conducted Without Proper Opportunity of Hearing to Complainant.

The petitioner, Vidya Akhave, an employee of IFCI Ltd., filed a complaint of sexual harassment against respondent No.2, Suneet Shukla. An Internal Com...

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Bombay High Court Grants Interim Injunction Restraining BCCI from Terminating IPL Franchise Agreement with Deccan Chronicle Holdings Limited. Court Holds Termination Notice Invalid for Not Providing 30-Day Cure Period Under Clause 11.1 of Franchise Agreement.

The petitioner, Deccan Chronicle Holdings Limited (DCHL), filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking to r...

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High Court Allows Transfer of Winding-Up Proceedings to NCLT Under Companies Act Section 434(1)(c) - Applicant Successfully Seeks Transfer for Corporate Insolvency Resolution Under IBC

The Bombay High Court allowed the transfer of winding-up proceedings against Patheja Forgings & Auto Parts Manufacturing Ltd. to the National Comp...

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Supreme Court Upholds High Court's Decision on Auction Sale: Statutory Violations Render Sale Null and Void. Despite recognizing significant procedural breaches, the Supreme Court offers the appellant a chance to retain the industrial property by settling liabilities.

The legality of an auction sale conducted by the Tahsildar and confirmed by the Additional Collector, which was later contested on the grounds of stat...

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Bombay High Court Dismisses Writ Petition Against DRT Order Rejecting Stay of Possession Under Securitisation Act — Section 31(j) Not Applicable to IFCI as It Is Not a Financial Institution Under State Financial Corporations Act.

The petitioners, M/s. Citron Infraprojects Limited and its director, filed a writ petition before the Bombay High Court challenging an order of the De...