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Bombay High Court Dismisses Bank's Petition Challenging CGIT Award Setting Aside Dismissal of Clerk for Misappropriation. Reinstatement with 60% Backwages Upheld as Enquiry Findings Were Perverse and Bank Failed to Lead Evidence.

The Petitioner-Bank (Bank of Baroda, successor of Dena Bank) challenged the Part-II and Final Awards of the Central Government Industrial Tribunal (CG...

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Bombay High Court Dismisses Petitions Challenging RBI's Moratorium and Liquidation of CKP Co-operative Bank Ltd. — Petitioners' Deposits Not Covered by Deposit Insurance as Bank Was Under Moratorium Prior to Insurance Scheme Introduction.

The judgment pertains to a batch of writ petitions filed by depositors of the CKP Co-operative Bank Ltd., which was placed under moratorium by the Res...

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Bombay High Court Dismisses Petition Challenging Termination of Managing Director by ICICI Bank. Court upholds termination based on adverse enquiry report and RBI approval, rejecting challenge to communication of approval.

The petitioner, Chanda Deepak Kochhar, was the Managing Director and CEO of ICICI Bank. She joined the bank in 1984 and held various positions until h...

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High Court of Bombay at Goa Allows Section 9 Petition for Interim Relief in Iron Ore Sale Dispute. Petitioner granted injunction restraining respondent from drawing on bank guarantees and ordered to maintain status quo on letter of credit.

The petitioner, M/s. Vedanta Limited (formerly Sesa Sterlite Ltd), a company engaged in extraction, sale and export of iron ore, entered into a Master...

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Bombay High Court Allows Appeal by Decree-Holder in Execution Proceedings, Setting Aside Dismissal as Time-Barred. The court held that filing chamber summons and other applications constituted steps in aid of execution, extending limitation under Article 136 of the Limitation Act, 1963.

The case involves an appeal by Pratap G. Somaiya (the appellant/decree-holder) against an order dismissing his execution application as time-barred. T...

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Bombay High Court Acquits Appellants in MCOCA Case Due to Lack of Satisfactory Evidence and Procedural Lapses. Conviction under MCOCA and IPC set aside as prosecution failed to prove unlawful assembly and common object beyond reasonable doubt.

The judgment pertains to multiple criminal appeals arising from a single incident where a group of individuals allegedly formed an unlawful assembly a...