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Supreme Court Affirms Trust Status of Kamakala Kameshwarar Temple Property. The apex court dismisses the appellant's claim to ownership, holding that the property is part of a trust under the management of the temple.

The Supreme Court dismissed the appellant's claim of absolute ownership over a property adjacent to the Kamakala Kameshwarar Temple. The court upheld ...

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Resolving Housing Society Redevelopment Deadlock. Redevelopment rights of the cooperative housing society upheld amid developer's insolvency proceedings.

The Bombay High Court addressed a long-standing dispute over the redevelopment of a dilapidated housing society in Bandra (East), Mumbai. The Petition...

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Edelweiss Asset Reconstruction Company Ltd. vs. Meeti Developers Pvt. Ltd. A dispute over the enforcement of a mortgage and redevelopment rights amidst insolvency proceedings.

The case involves a legal dispute between Edelweiss Asset Reconstruction Company Ltd. (Plaintiff) and Meeti Developers Pvt. Ltd. (Defendant) over a lo...

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"Bombay High Court Quashes Tax Proceedings Against Uttam Value Steels Ltd. Post-Resolution Under IBC" "Resolution Plan Approval Under IBC Shields Corporate Debtor from Pre-Insolvency Tax Claims."

  1. Background of the Case: The petition was filed by Uttam Value Steels Ltd. and Mr. Subodh Karmarkar challenging multi...

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High Court Quashes Reassessment Proceedings Against Uttam Galva Metallics Ltd. Resolution Plan Under IBC Precludes Tax Reassessment for Pre-Resolution Period, Rules Bombay High Court.

The Bombay High Court quashed the reassessment proceedings initiated by the Income Tax Department against Uttam Galva Metallics Ltd. for the assessmen...

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Bombay High Court Rules in Admiralty Jurisdiction Case: Cockette Marine Oil vs. OSV Beas Dolphin. Court Rejects Summary Judgment Amidst Insolvency Proceedings, Highlights Impact of IBC Moratorium on Maritime Claims.

The Bombay High Court, under the Admiralty jurisdiction, considered an application for summary judgment filed by Cockette Marine Oil DMCC against OSV ...

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High Court of Bombay Quashes Show Cause Notices Against Insolvency Professional. Court Rules Suspension of Authorization for Assignment Without Proper Jurisdiction; Declares Clauses of Regulations Ultra Vires.

The Bombay High Court has set aside the show cause notices issued to Kairav Anil Trivedi by the Insolvency & Bankruptcy Board of India (IBBI). The...

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Court Quashes Regional Director's Rejection of Amalgamation Scheme Petitioners Successfully Challenge Rejection Due to Procedural Non-Compliance; Court Emphasizes Mandatory Referral to NCLT

The court addressed the petition at the admission stage itself, with the consent of Counsel. The petitioners, consisting of five companies with common...

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Supreme Court Upholds Bombay High Court's Interpretation of 'Drawer' Under NI Act. Clarifies that authorized signatories of a company are not liable to pay interim compensation under Section 143-A for dishonoured cheques

The Supreme Court dismissed the appeals challenging the Bombay High Court's decisions dated 08.03.2023 and 29.03.2023. These decisions had set aside t...