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High Court of Bombay Dismisses Section 34 Petition Challenging Arbitral Award in Favor of Government of Israel in Commercial Lease Dispute. Arbitrator's Rejection of Set-Off and Counter-Claim as Time-Barred Upheld as Not Patently Illegal.

The petitioner, Earnest Business Services Private Limited, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging...

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High Court of Karnataka Dismisses NWKRTC Appeal in Motor Accident Claim — Upholds Compensation for Death and Injuries. Claimants awarded Rs.11,98,936/- for death and Rs.1,66,000/- for injuries with 8% interest.

The case involves three appeals arising from motor accident claims. The appellant, Managing Director of NWKRTC (North West Karnataka Road Transport Co...

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High Court of Karnataka Dismisses Insurance Company's Appeal and Allows Cross-Objection for Enhanced Compensation in Motor Accident Claim — Negligence of Driver Proved, No Contributory Negligence by Deceased, and Claimants Entitled to Higher Compensation Under Motor Vehicles Act, 1988.

The case arises from a motor accident that occurred on 18.06.2015 at about 9.30 p.m. near Jafarwadi village, Belagavi. The deceased, one Manjunath, wa...

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Supreme Court Upholds Validity of Pre-deposit Condition Under Punjab VAT Act. Condition of 25% Pre-deposit for First Appeal Held Not Unconstitutional, but Appellate Authority Has Inherent Power to Grant Interim Relief.

The Supreme Court considered a batch of appeals challenging the judgment of the Punjab and Haryana High Court which upheld the validity of Section 62(...

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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...