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Bombay High Court Allows Petition Challenging Central Registrar's Orders in Co-operative Bank Dispute — Orders Set Aside for Violation of Natural Justice. Petitioner's Removal as Director Based on RBI Inspection Report Quashed as Registrar Failed to Provide Hearing Before Issuing Directions.

The petitioner, Zeeshan Mehdi, was elected as a director of Bombay Mercantile Co-operative Bank Ltd. (respondent no.3) in 2012. In January 2013, the c...

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Bombay High Court Upholds Removal of Director in Co-operative Bank Case for Misappropriation and Conflict of Interest. Commissioner's order under Section 78A(1) of Maharashtra Co-operative Societies Act, 1960 confirmed due to unauthorized donations to trust and contract awarded to son's firm.

The petitioner, P. A. Inamdar, was a shareholder, director, and Chairman of the Muslim Co-operative Bank Ltd., Pune. On 19 July 2017, respondent Nos. ...

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Bombay High Court Quashes Removal Order of APMC Chairman for Non-Compliance with Section 17 of Maharashtra APMC Act — Resolution Not Passed by Requisite Majority. The court held that the requirement of a resolution by at least 10 members is mandatory and cannot be dispensed with.

The petitioner, Sharad Bapuraoji Deshmukh, was an elected Director and Chairman of the Agricultural Produce Market Committee, Wardha. The District Dep...