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National Company Law Appellate Tribunal Allows Appeals by Appellant Creditor in IBC Case -- Sets Aside Orders Directing Appellant to Approach GIDC Appellate Authority and Remitting Resolution Plan -- Termination of Lease During Moratorium Held Invalid Under Section 14 of IBC

The National Company Law Appellate Tribunal (NCLAT) allowed two appeals filed by the Resolution Professional (RP) and the largest financial creditor o...

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Arbitration Proceedings – Interim Relief – Failure to Issue Shares – Protection of Investment. High Court Granted Interim Relief Protecting Investment of Foreign Investor After Company Failed to Allot Shares Despite Utilizing Funds for Debt Clearance

Misappropriation of investment funds occurs not just by siphoning money but also by enjoying benefits of an investor’s funds without fulfilling corr...

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"High Court Rules Against NSE: Shareholder’s Rights Protected in Lack of Authority Case" "Safeguarding Property Rights in Shareholder Disputes."

The Bombay High Court quashed the National Stock Exchange’s (NSE) communication directing a stop on share transfers owned by the petitioner, Aloysiu...

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Appointment of Arbitrator Amidst Time-Bar Concerns in Shareholder Dispute. Supreme Court emphasizes the limited scope of judicial interference in arbitration petitions, reserving detailed merits and limitation questions for the arbitral tribunal.

1. Background of the Dispute The petitioner, Aslam Ismail Khan Deshmukh, is a Non-Resident Indian based in Dubai with expertise in the drilling flu...

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Court Declares Share Transfer Void in Maharashtra Antibiotics Case: Failure to Prove Transaction's Benefit. High Court sets aside Company Law Board’s order, emphasizing compliance with winding-up provisions under Section 536(2) of the Companies Act.

The appellants challenged the order of the Company Law Board (CLB) that directed the transfer of 40,530 equity shares of Rs. 100 each from respondent ...

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High Court Resolves Dispute over Shareholding in Hospital Project. Specific Performance Decree Enforces Sale of 50% Shares Amid Conflicting Bids and Automatic Sale Clause Dispute.

The Bombay High Court delivered a judgment concerning a business dispute between Ashok Kumar Kothari and Sanwarlal Agarwal over the shareholding of a ...

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Supreme Court Orders Fresh Examination of Share Dispute in Lexus Technologies Pvt. Ltd. Supreme Court overturns NCLT and NCLAT rulings, directing a re-examination of evidence in share transfer and oppression claims.

Legal Background: The appellants sought rectification of the Register of Members of Lexus Technologies Pvt. Ltd. under Sections 59 and 88 of the Co...

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"Partition Dispute Over Joint Property: Supreme Court Delivers Final Verdict" Tagline "High Court's Decision on Liability for Rents and Mesne Profits Upheld; Equitable Distribution and Legal Constraints on Partition Discussed"

This case concerns a suit for partition involving a property jointly owned by multiple parties, including the original plaintiff, subsequent buyers, a...

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Arbitration Battle Over Ganatra Hotels: Panchamias vs. Ganatra Group. Complex Dispute Involving Share Transfers, Valuation Discrepancies, and Legal Contentions Reaches Judicial Review

This case involves two connected Commercial Arbitration Petitions arising from an Arbitral Award dated 5th April 2016. The primary parties are the Pan...

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Court Upholds Final Partition Decree, Dismisses Late Will Submission by Defendant No.8 Defendant's attempt to modify shares based on a newly surfaced Will rejected; court emphasizes finality of judicial proceedings.

This Writ Petition challenges the rejection of Defendant No.8's application by the Joint Civil Judge (Senior Division), Nashik, which sought to frame ...