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Bombay High Court Allows Summary Judgment in Favor of Negotiating Bank in Letter of Credit Dispute. Issuing Bank's Acceptance of Documents Under Irrevocable LC Is Final and Cannot Be Revoked Based on Allegations of Forgery Without Evidence.

The plaintiff, Malayan Banking Berhad, a Malaysian bank, filed a summary suit against Indusind Bank Limited, an Indian bank, claiming Rs. 3,47,87,865....

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High Court of Judicature at Bombay Adjudicates Letter of Credit Dispute in Common Judgment for Two Suits Arising from Alleged Discrepant Documents. Bank's Liability for Wrongful Debit Examined Under UCP 290 with Emphasis on Strict Compliance and Discrepancy in Shipping Documents.

Two suits were filed arising from a documentary import Letter of Credit facility granted by State Bank of India to Dadlani Silk Stores. Suit No. 1012 ...

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High Court of Bombay Restores Injunction Against Invocation of Letter of Credit in Software Purchase Dispute. Fraud and Non-Compliance with Letter of Credit Terms Established as Grounds for Restraining Payment.

The appellant, M/s Plazma Technologies Pvt. Ltd., filed a suit for perpetual injunction against the respondents, including JSM Technologies and others...

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Bombay High Court Allows Petition of Teacher Challenging Forced Resignation in MEPS Act Case. Resignation Letter Signed Under Duress and Coercion Held Invalid as Not Voluntarily Tendered.

The petitioner, Santosh Baban Kamble, was appointed as a drawing teacher at Kini High School on 1st August 1996. On 14th June 2000, he alleged that th...

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High Court Quashes Trial Court Order Rejecting Secondary Evidence Application in Specific Performance Suit. Trial Court Directed to Permit Plaintiffs to Lead Evidence of Lost Agreement to Sell Upon Establishing Foundational Facts Under Section 65 of the Indian Evidence Act, 1872.

This writ petition under Article 227 of the Constitution of India was filed by the original plaintiffs against an order of the trial court rejecting t...

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Bombay High Court Dismisses Petition Challenging Termination Based on Resignation Withdrawal After Acceptance. Resignation Withdrawal Must Precede Acceptance to Be Valid Under MEPS Act, 1977.

The petitioner, Sayyed Maksood Ali Sayyed Roshid Ali, was appointed as an Assistant Teacher on 17-1-1985 and promoted as Head Master on 10-10-2004. He...

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Bombay High Court Dismisses Appeal in Lease Dispute Over Condition Precedent. Letter of Acceptance with Condition of Government Approval Does Not Form Concluded Contract Under Indian Contract Act.

The case involves an appeal by Mystical Techplast Pvt. Ltd. against the Maharashtra State Road Development Corporation (MSRDC) concerning a lease of t...

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High Court of Karnataka Dismisses Appeal Against Money Recovery Decree, Upholds Use of Photocopy Agreement as Secondary Evidence. Where Defendant Took Original Agreement to Procure Signatures and Did Not Return It, Photocopy Held Admissible Under Section 65, Indian Evidence Act, 1872.

The appeal arose from a suit for recovery of money decreed by the trial court. The plaintiff alleged that the defendants, representing themselves as o...

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High Court of Bombay at Nagpur Dismisses Writ Petition Challenging Denial of Extension of Letter of Intent for Mining Lease. Court upholds State's decision that extension cannot be granted beyond the maximum period of five years under Rule 7(4) of the Minerals (Evidence of Mineral Contents) Rules, 2015.

The petitioner, Dalmia Cement (Bharat) Limited, a cement manufacturing company, participated in a bid process initiated by the State of Maharashtra fo...