Bombay High Court
Bombay High Court Dismisses Plea Seeking CBI Probe Into Reliance's Alleged $1.55 Billion Gas Theft From ONGC
The Bombay High Court on Friday (March 27) dismissed a plea seeking a CBI probe against Reliance Industries Limited (RIL) and Mukesh Dhirubhai Ambani over alleged siphoning of natural gas worth over USD 1.55 billion from ONGC wells in the Krishna-Godavari Basin.The plea was filed by Jitendra P. Maru, an Indian citizen, urging the court to direct the Central Bureau of Investigation (CBI) and the Union of India to take action. A bench of Chief Justice Shree Chandrashekhar and Justice Suman Shyam...
After CIRP Begins, IRP Represents Corporate Debtor; Bombay HC Dismisses Suspended Director's Writ Over NCLT Order
The Bombay High Court on Thursday dismissed writ petitions filed by a suspended director of Gokul Sugar Industries Ltd and a financial creditor challenging an order of the National Company Law Tribunal refusing withdrawal of insolvency proceedings. The court held that after commencement of the corporate insolvency resolution process, the corporate debtor is represented by the interim resolution professional and not by the suspended management. The court held that no violation of principles of...
SARFAESI, RDB And PMLA Must Be Reconciled; Recovery Laws Cannot Prevail Over PMLA: Bombay High Court
The Bombay High Court at Nagpur recently held that the provisions of the SARFAESI Act and the Recovery of Debts and Bankruptcy Act do not override the Prevention of Money Laundering Act, observing that the statutes operate in different fields and must be interpreted so as to reconcile their provisions without defeating the object of the PMLA.A division bench of Justices M. S. Jawalkar and Nandesh S. Deshpande held, “The objective of the legislation in PMLA being distinct from the purposes of two...
Bombay High Court Quashes Patent Refusal To Medipack, Says Reasons Are 'Heart And Soul' Of Orders
The Bombay High Court on 23 March set aside the Patent Office's refusal to grant a patent for a single-use safety syringe to Medipack Global Ventures Pvt. Ltd., holding that the order was unreasoned and violated the principles of natural justice. A Single-Judge Bench of Justice Arif S. Doctor set aside the impugned order and remanded the matter for fresh consideration by a different Controller. It remarked: “Section 117A of the Patents Act specifically provides for an appeal against any order...
Bombay High Court Cancels “Tractorjunction” Trademark, Finds Registration Obtained In Bad Faith
The Bombay High Court has allowed a petition seeking cancellation of the trademark “TRACTORJUNCTION” registered in the name of Shivankar Gupta, holding that the registration was obtained in bad faith and was wrongly remaining on the register. In a judgment dated March 23, 2026, Justice Arif S. Doctor held that the impugned registration was liable to be removed under Section 57 of the Trade Marks Act, 1999.The court observed, “The Petition proceeds entirely on the basis that Respondent No. 1 has...
Right Of Redemption Ends Once Auction Notice Is Published Under SARFAESI: Bombay High Court
The Bombay High Court on Tuesday reiterated that once an auction notice is published under the SARFAESI Act, the borrower's right of redemption stands extinguished and the Debt Recovery Tribunal cannot set aside the auction sale in a manner that effectively permits redemption. The Court observed that passing such an order in the teeth of Section 13(8) of the Act and binding Supreme Court precedents constitutes a jurisdictional error. Relying on the precedents, the court reiterated that...
Technical Glitch On Portal Cannot Deprive Taxpayer Of Sabka Vishwas Scheme Benefit: Bombay High Court
The Bombay High Court on 11 March held that the benefit of the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 cannot be denied on mere technical grounds when a taxpayer is not at fault. A Division Bench comprising Justice G. S. Kulkarni and Justice Aarti Sathe allowed a writ petition by Himtaj Ayurved Pvt. Ltd and directed the authorities to issue it a discharge certificate, emphasising that the scheme is a one-time measure aimed at resolving legacy disputes and ensuring disclosure of...
Bombay High Court Allows Raj Kundra's Company To Challenge UK Anti-Suit Injunction In Rajasthan Royals Dispute
The Bombay High Court on Monday granted leave under Clause XII of the Letters Patent to Kuki Investments Limited, a company owned by Raj Kundra, to institute a suit challenging an anti-suit injunction passed by the High Court of England and Wales in a dispute relating to the affairs of IPL franchise Rajasthan Royals. Allowing the petition seeking permission to file the suit against Emerging Media Ventures Ltd. and others, Justice Abhay Ahuja observed that the court was satisfied that grounds...
Figures In Conciliator's Report Do Not Bind Arbitrator: Bombay High Court
The Bombay High Court on 17 March dismissed a petition filed by ICICI Securities Ltd, holding that the amount indicated in a conciliator's report does not constitute an award and does not bind the Arbitral Tribunal in determining the final claim. Justice Sandeep V. Marne upheld an arbitral award of Rs. 23.30 lakh passed in favour of Ridhi Siddhi Investment in a stock trading dispute arising out of margin trading transactions. The Court observed: “Thus, the amount indicated in the report of the...
Bombay High Court Dismisses Multi-Credit Society's Appeal, Upholds Setting Aside Of Arbitral Award Over Borrowers' Membership
The Nagpur Bench of the Bombay High Court on 17 March dismissed an arbitration appeal filed by Rajlaxmi Multistate Credit Co-operative Society Ltd, declining to interfere with an order setting aside an arbitral award passed in its favour in a loan recovery dispute. A Single-Judge Bench of Justice Pravin S. Patil held that the arbitral award suffered from patent illegality as the arbitrator had wrongly assumed jurisdiction without establishing that the borrowers were members of the...
Bombay High Court Upholds PMC Bank–Unity SFB Amalgamation, Dismisses Challenges To RBI Scheme
The Bombay High Court has recently dismissed a batch of writ petitions challenging the amalgamation of Punjab and Maharashtra Co-operative Bank (PMC Bank) with Unity Small Finance Bank. The court upheld the scheme framed by the Reserve Bank of India and the notification dated January 25, 2022, issued by the Ministry of Finance approving the “PMC Bank (Amalgamation with Unity Small Finance Bank) Scheme, 2022.”A Division Bench of Justices Bharati Dangre and Manjusha Deshpande held that the scheme...
Charitable Trust Cannot Be Denied Income-Tax Registration For Lack of Irrevocability Clause In Trust Deed: Bombay High Court
The Bombay High Court has held that the absence of an explicit irrevocability clause in a trust deed cannot be a ground to reject the application of a charitable trust for registration or renewal under Section 12AB of the Income Tax Act, 1961. Section 12AB governs the grant and renewal of registration to charitable and religious trusts for the purpose of claiming tax exemption, and the Court observed that the statute does not require such a clause and that a trust is ordinarily irrevocable...