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Supreme Court Allows Appeal in Cooperative Bank CEO Appointment Dispute — Upholds Apex Society's Power to Depute Cadre Officers. Section 54(3) of Chhattisgarh Co-Operative Societies Act, 1960 obligates District Central Cooperative Bank to accept CEO deputed by State Cooperative Bank from its cadre.

The dispute arose from the appointment of the Chief Executive Officer (CEO) of the first respondent, Zila Sahkari Kendriya Bank Maryadit, a District C...

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Supreme Court Dismisses Bank's Appeal Against National Textile Corporation in Pre-Nationalisation Dues Dispute. Claims for pre-nationalisation period cannot be enforced against the successor entity under the Textile Undertakings (Nationalisation) Act, 1995.

The dispute arose from credit facilities extended by UCO Bank (appellant) to Shree Sitaram Mills Ltd., which was taken over by the National Textile Co...

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Supreme Court Sets Aside High Court Order Waiving Predeposit for Appeal Under SARFAESI Act. Mandatory Deposit Under Section 18 Cannot Be Waived Even by High Court Under Article 226.

The Supreme Court considered appeals against the Bombay High Court's order dated 25.11.2019 and 16.12.2019, which had relegated the appellant (Union B...

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Supreme Court Allows Appeal of Electricity Distribution Company Against Quashing of Captive Power Plant Circulars. MERC's Retrospective Quashing of Pre-Approval Circulars Without Considering Financial Impact Set Aside.

The Supreme Court of India heard an appeal by Maharashtra State Electricity Distribution Company Limited (MSEDCL) against an order of the Appellate Tr...

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Supreme Court Dismisses Licensee's Appeal in Electricity Billing Dispute — Holds Additional Demand Time-Barred for Disconnection Under Section 56(2) of Electricity Act, 2003. The two-year limitation for disconnection runs from the date of the original bill, not from discovery of a billing mistake.

The case involves a dispute between the Assistant Engineer (D1), Ajmer Vidyut Vitran Nigam Limited (appellant/licensee) and Rahamatullah Khan alias Ra...