RFIRST APPEAL NO. 3732 of 2023
30 Jan 2026The High Court of Gujarat heard two appeals under Section 37 of the Arbitration and Conciliation Act, 1996, filed by Madhya Gujarat Vij Company Limite...
Search Results for "factoring facility"
15 result(s) found
Found 15 result(s)
High Court
Bombay High Court Dismisses Director’s Challenge to Arbitral Award in Factoring Facility Dispute — Upholds Award Despite Claims of Forged Guarantee and Procedural Lapses. Arbitral Tribunal’s Award Allowing SBI Global Factors’ Claim of Rs.43.45 Crores Jointly and Severally Against Guarantor and Principal Debtor Not Found Patent Illegality Under Section 34.
23 Dec 2025This judgment relates to a petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by Sanjeev Malhotra, a former director and sh...
Supreme Court
Supreme Court Allows Appeals in IBC Financial Creditor Classification Case — Security Deposit for Sales Promotion Not a Financial Debt. Held that a security deposit paid under a service agreement for sales promotion does not constitute a financial debt under Section 5(8) of the Insolvency and Bankruptcy Code, 2016, as there is no disbursal for time value of money or commercial effect of borrowing.
25 Apr 2024The Supreme Court allowed appeals against NCLAT judgments that classified security deposits paid by sales promoters as financial debts under the Insol...
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High Court
Karnataka High Court Considers Challenge Under Section 37 of Arbitration Act to Order Upholding Majority Arbitral Award. Arbitral Tribunal Had Set Aside Termination of CISP Agreement Due to Insufficient Proof of Corruption and Awarded Compensation.
22 Dec 2021The appellant, Anheuser Busch Inbev India Limited (formerly SABMiller India Limited), a beer manufacturing and brewing company, appealed under Section...
Supreme Court
Supreme Court Allows Appeal in Arbitration Case by Restoring Arbitral Award. High Court's Setting Aside of Award Under Section 37(1)(c) of Arbitration and Conciliation Act, 1996 Found Erroneous as It Exceeded Scope of Judicial Review.
28 Jul 2021The Supreme Court of India heard a civil appeal arising from a dispute between PSA Sical Terminals Pvt. Ltd., the appellant, and The Board of Trustees...
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Supreme Court
Supreme Court Allows Appeals of Flat Buyers Against Developer for Delayed Possession, Holds Unilateral Compensation Clause Unfair. Developer's stipulation of Rs 5 per sq ft per month as liquidated damages for delay held inadequate and unconscionable; flat buyers entitled to compensation at 6% per annum on amounts paid.
24 Aug 2020The case involves appeals by 171 flat buyers against the dismissal of their consumer complaint by the National Consumer Disputes Redressal Commission ...
- 243
Supreme Court
Supreme Court Dismisses Appeal of Distribution Licensee in Standby Charges Dispute with Another Licensee — Standby Charges Fixed by Government Order and Principles of Agreement Held Binding. The court upheld the Appellate Tribunal's order that TPC could not recover standby charges beyond Rs.3.5 crores per month from BSES/REL for the 275 MVA facility, as per the Government of Maharashtra's order dated 19.1.1998 and the Principles of Agreement dated 30.1.1998.
2 May 2019The case involves a dispute between Tata Power Company Ltd. (TPC), a distribution licensee supplying electricity to the entire city of Mumbai, and Ada...
- 184
High Court
Bombay High Court Allows Appeal in Winding Up Petition Over Restructured Debt — Failure to Create Mortgage and Non-Compliance with Restructuring Terms Revives Original Debt. Clause 11 of Restructuring Letter Preserved Creditor's Rights, and Issuance of Bonds Did Not Extinguish Debt Under Companies Act, 1956.
16 Jul 2013The appeal arose from the dismissal of a winding up petition filed by SBI Global Factors Ltd. against M/s K. Sera Sera Production Ltd. The appellant h...
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High Court
Bombay High Court Dismisses Winding Up Petition Against Listed Company in Reverse Factoring Dispute. Debt disputed in bona fide manner and company is solvent, hence winding up not justified under Sections 433(e) and (f) of Companies Act, 1956.
30 Nov 2012The petitioner, SBI Global Factors Ltd., a financial institution, filed a winding up petition under Sections 433(e) and (f) read with Sections 434(1)(...
- 179
High Court
Bombay High Court Dismisses Appeal Against Winding Up Order in Securitisation Act Case — SICA Reference Barred by Amendment. The Court held that the amendment to Section 15 of SICA by the Securitisation Act bars a reference to BIFR where financial assets have been acquired by a securitisation company, and Section 22 of SICA does not apply to proceedings initiated by such a company.
20 Jul 2012The appeal arose from an order of the learned Single Judge dated 21 October 2010 admitting a company petition for winding up and directing advertiseme...
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