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Bombay High Court Dismisses Winding Up Petition Under Section 433(e) of Companies Act, 1956 for Debt Disputed in Good Faith. Petition Filed to Exert Pressure for Unreasonable Demands, Not for Recovery of Genuine Debt.

The petitioner, Fomento Resorts And Hotels Ltd., filed a winding up petition under Section 433(e) of the Companies Act, 1956 against the respondent, G...

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High Court of Bombay at Goa Quashes Demand for Enhanced Casino Licence Fees Based on Amended Notification Without Retrospective Effect. Notification under Section 13A of the Goa, Daman & Diu Public Gambling Act, 1976 cannot apply to existing licences; recovery set aside.

The petitioners, Advani Hotels & Resorts India Ltd. and its Chairman, operated an onshore casino named 'Goa Nugget' at Caravela Beach Resort in Goa un...