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Bombay High Court Dismisses Shareholder Suit Challenging Director Appointments for Lack of Jurisdiction. Dispute Over Rights Under Articles of Association Falls Within Exclusive Jurisdiction of Company Law Board Under Companies Act, 1956.

The suit was filed by shareholders of a banking company, Yes Bank, challenging resolutions relating to the appointment of directors and seeking declar...

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Bombay High Court Allows Writ Petition Challenging Rejection of Nomination for Cooperative Bank Election. Disqualification under Section 73EA of Maharashtra Cooperative Societies Act, 1960 applies to societies, not individual delegates.

The petitioner, Babasaheb Devidasrao Borade, was a director and member of the managing committee of respondent No. 4, Vividh Karyakari Seva Sahkari So...

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Bombay High Court Dismisses Petition Challenging Principal's Appointment in UGC Regulations Case — API Score Requirement Not Applicable to Already Working Principal Under Clause 4.2.0(iv).

The petitioner, Dr. Mohd. Asif Nabi Sheikh, filed a writ petition challenging the appointment of respondent no.3, Shyam Bhojraj Punde, as Principal of...

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Bombay High Court Dismisses Borrowers' Writ Petitions Challenging SARFAESI Proceedings by Cooperative Bank — Alternative Remedy Under Section 17 of SARFAESI Act Held Efficacious. Petitioners Directed to Approach Debt Recovery Tribunal for Relief Against Recovery Actions.

The judgment concerns a batch of writ petitions filed by borrowers (Arun Dattatraya Narake and others) against the Authorized Officer of Kolhapur Dist...

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Bombay High Court Dismisses Writ Petition Challenging Rejection of Upgradation from Group C to Group B — Petitioner Failed to Establish Entitlement to Upgradation Under Applicable Rules.

The petitioner, Mrs. Sheila Rajan, a retired employee, filed a writ petition challenging an order dated 23/02/2015 passed by Respondent No.2, which re...