HC/SC Judgments · Batch 33

By topic: Banking, SARFAESI & Debt Recovery (8) · Arbitration & Commercial Disputes (3) · Insolvency & IBC (22) · State VAT & Excise (6) · Securities Law (2) · PMLA & Enforcement (8) · Customs, Excise & Service Tax (1) · Judgment hub · Search judgments

50 court rulings, each linked to its complete public judgment copy. Decisions dated 2026-03-09 to 2026-07-08. Also see: Batch 30 (36) · Batch 31 (50) · Batch 32 (50).

1. Kanumuru Indira Priyadarshini and Ors v. The Superintendent of Police
   Madras High Court · 2026-07-08 · Crl.O.P No. 27727 of 2024 and connected cases · Ind Barath Power Gencom's directors could not quash the CBI's bank fraud FIR because SBI withdrew its fraud tag; an FIR needs no prior hearing.
2. M/s Sree Gokulam Chit & Finance Co (P) Ltd v. Ida Purushothaman and Anr
   Kerala High Court · 2026-07-08 · Crl.A No. 191 of 2014 · the 30-day limit for a cheque complaint runs from the day the complainant receives the returned notice.
3. Deepa George v. S. Valsa & Others
   Kerala High Court · 2026-07-08 · FAO No. 26 of 2026 · a daughter's partition suit over a mortgaged house is not barred by SARFAESI section 34, but no injunction can stop the bank's possession.
4. Vivimed Labs Limited v. The Central Bureau of Investigation, Rep. by its Head of the Department/Director & others
   Telangana High Court · 2026-06-10 · WRIT PETITION No. 1843 OF 2026 · an interim order suspending a bank's fraud classification of Vivimed Labs' loan did not bar the CBI's FIR, searches or investigation.
5. Dr. Reddy’s Laboratories Limited v. Competition Commission of India
   Telangana High Court · 2026-06-10 · Writ Petition No. 25689 of 2024 · Dr. Reddy's writ against the CCI's order asking for objections to the DG's report and audited accounts was dismissed.
6. Sonali Soya Pvt. Ltd. and Others v. The State of Madhya Pradesh and Others
   Madhya Pradesh High Court · 2026-06-30 · WRIT PETITION No. 20081 of 2026 · soya flour is not the cereal flour or pulse besan exempted by Notification 48 of 2002, so the 2012 revision levying CST stood.
7. Rakesh Ramakanth v. Somashekara Gowda R.G
   Karnataka High Court · 2026-07-01 · Criminal Petition No. 3024 of 2024 · a section 138 NI Act complaint over a Rs. 60 lakh cheque of a company struck off in 2011 was quashed, as it had no legal existence.
8. Satish Dhawan Space Centre Shar v. The State of AP
   Andhra Pradesh High Court · 2026-06-22 · WRIT PETITION NO: 6971/2026 · eight-year-old best-judgment VAT assessments on the Satish Dhawan Space Centre were set aside and remitted for fresh assessment.
9. Branch Manager, State Bank of India v. Smt. Rashmi Shrivastava & Anr.
   Chhattisgarh High Court · 2026-06-25 · WP227 No. 710 of 2026 · SBI was deficient in service for not telling a home-loan borrower that the insurer had rejected his credit-life proposal.
10. Tata Coffee Limited v. Ramla and Anr
    Kerala High Court · 2026-07-01 · Crl Rev Pet No. 346 of 2026 · section 452 of the Companies Act, 2013 is still an offence triable by a Magistrate; the complaint wrongly returned must be received.
11. M/s Indage Vineyard Pvt Ltd v. Kotak Mahindra Bank Ltd
    Bombay High Court · 2026-06-25 · Official Liquidator Report No. 34 of 2025 in Company Petition No. 198 of 2011 · promoters of Indage Vineyard who mutated the company's land into their names after the winding-up petition made a fraudulent preference.
12. M.P Jackson v. The Reserve Bank of India and Ors
    Kerala High Court · 2026-07-03 · WP(C) No. 3275 of 2026 · the RBI need not hear a co-operative bank's board before superseding it under section 36AAA, but must consult the State Government.
13. OMKARA ASSETS RECONSTRUCTION PRIVATE LIMITED v. THE OFFICIAL LIQUIDATOR OF M/S. BPL ENGINEERING LIMITED, THE DEPUTY COMMERCIAL TAX OFFICER, PATAN CHERU SANGAREDDY CIRCLE
    Karnataka High Court · 2026-07-03 · COMPANY APPLICATION NO. 49 OF 2025 · the Andhra Pradesh sales tax first charge is not displaced by a secured creditor's priority under section 26E of the SARFAESI Act.
14. Sri Vineet Mohan Gupta & Anr. v. Canara Bank & Ors.
    Calcutta High Court · 2026-07-02 · AD-COM 2 OF 2026 With IA No.: CAN 1 of 2026 · two guarantors' civil suit for a declaration that their guarantees were released could not be rejected after Canara Bank began IBC proceedings.
15. Uttamchand Devichand Shah AND The official assignee, High Court, Bombay.
    Bombay High Court · 2026-07-02 · OFFICIAL ASSIGNEE REPORT NO. 46 OF 2025 IN INSOLVENCY PETITION NO. 28 OF 2001 · under the Presidency-Towns Insolvency Act a creditor need not hold a decree to lodge a claim with the Official Assignee.
16. Monoranjan Roy v. SBI Stressed Assets Resolution Group & Ors.
    Calcutta High Court · 2026-07-02 · W.P.A. No. 978 of 2026 · a bank's show cause notice proposing to classify a borrower's account as fraud was quashed.
17. Atul Batra and Ors v. BHP Engineers Private Limited and Ors
    Delhi High Court · 2026-07-01 · CO.A(SB) 21/2015 & CO.APPL.968/2015, CO.APPL 21/2024 · minority shareholders in an oppression petition may serve interrogatories, and the Company Law Board was wrong to reject them as a fishing inquiry.
18. M/s. Popat and Kotecha Property and Anr. v. Kolkata Municipal Corporation and Ors.
    Calcutta High Court · 2026-06-15 · WPO 3068 of 2022 · Kolkata Municipal Corporation's computerised 10 per cent rise in a property's valuation, made without notice or hearing, was quashed.
19. POOJA RAMESH SINGH v. JAMMU AND KASHMIR BANK LTD AND ANR.
    Supreme Court of India · 2026-07-02 · C.A. No. 11950/2025 · an NCLT order admitting a section 7 petition was set aside as it relied on fake, AI-generated case law.
20. NATIONAL STOCK EXCHANGE OF INDIA LTD v. CENTRAL INFORMATION COMMISSION & ORS
    Delhi High Court · 2026-07-01 · LPA 315/2010 · the National Stock Exchange of India is a 'public authority' under the Right to Information Act, 2005.
21. Central Bureau of Investigation v. The Assistant Director and Ors
    Kerala High Court · 2026-07-01 · OP(Crl) No. 111 of 2026 · a PMLA Special Court to which a corruption case is committed can try it with the money-laundering case.
22. MICAH MARK v. STATE OF KARNATAKA & ORS
    Karnataka High Court · 2026-07-01 · CRIMINAL PETITION No.8401 OF 2026 · the ED could share information with police under section 66(2) of the PMLA, so a UAPA FIR over foreign-card ATM withdrawals was not quashed.
23. Madanmohan M. Kotia & Anr. v. Municipal Corporation of Greater Mumbai & Ors. connected with Kotia Nirman Co-operative Commercial Premises Society Ltd. v. Municipal Corporation of Greater Mumbai & Ors.
    Bombay High Court · 2026-06-11 · Writ Petition No. 1840 of 2017 · after separate property tax bills for each unit of Kotia Nirman for 2008 to 2022, each unit holder must challenge through the section 217 appeal.
24. Mane Finance Private Limited v. Reserve Bank of India & The Appellate Authority
    Bombay High Court · 2026-06-09 · WRIT PETITION NO.1091 OF 2021 · the RBI's cancellation of Mane Finance's NBFC registration for negative net owned funds was upheld; the court would not substitute its view.
25. MAHAVIR ENTERPRISES v. GWALIOR SUGAR COMPANY LTD
    Madhya Pradesh High Court · 2026-06-22 · COMPANY PETITION No. 12 of 2010 · a winding-up petition fails where the company bona fide disputes the debt; the supplier must pursue its claim elsewhere.
26. Standard Chartered Bank v. Chitra Utsav Video Pvt. Ltd.
    Delhi High Court · 2026-06-29 · RFA 293/2020 · Standard Chartered Bank could keep a non-refundable fee of Rs. 16,50,000 on a sanctioned but undisbursed Rs. 255 million loan.
27. Soham Infrastructure Pvt. Ltd. v. The Karnataka Electricity Regulatory Commission
    Karnataka High Court · 2026-06-18 · WRIT PETITION NO. 15316 OF 2025 (GM-KEB) · Regulation 12(c) of the KERC Open Access Regulations, 2025, fixing cross-subsidy surcharge by the National Tariff Policy formula, was upheld.
28. Hitesh V. Shah v. Union of India through the Directorate of Enforcement
    Jharkhand High Court · 2026-05-13 · Cr. Revision No. 214 of 2026 with Cr. Revision No. 440 of 2026 · a contractor accused of paying Rs. 94.42 Lakhs in bribes and laundering them through relatives was not discharged from the PMLA case.
29. Dhanera Diamonds v. Securities and Exchange Board of India
    Bombay High Court · 2026-06-24 · Writ Petition No. 4930 of 2024 with companion writ petitions and interim applications · traders in MCX April 2020 crude oil futures could not quash the circular settling them at a negative rate of minus Rs.2,884 per barrel.
30. Pinax Paper Mills Private Limited -Vs.- The State of West Bengal & Anr.
    Calcutta High Court · 2026-06-24 · WPA 10983 of 2025 · WBSEDCL could not demand pre-insolvency dues or late payment surcharge from a resolution applicant as a condition for a new connection.
31. Avon Solution and Logistics Pvt Ltd v. Directorate of Enforcement
    Madras High Court · 2026-06-22 · WP Crl No. 1340 of 2026 · a High Court cannot direct the ED to register an ECIR merely because a predicate offence has been registered.
32. P.V. Suresh v. The Haripad Municipality
    Kerala High Court · 2026-06-02 · WP(C) NO. 13042 OF 2024 · a municipality's enhanced property-tax demands were quashed because the revised rates were never published in two newspapers as Rule 4 requires.
33. BSES Rajdhani Power Limited & Anr. v. Government of NCT of Delhi & Ors.
    Delhi High Court · 2026-06-22 · W.P.(C) 8283/2026 · BSES Rajdhani and Yamuna could not block, at show-cause stage, the Delhi Government's notice proposing a CAG audit under section 20.
34. M/s Granox Paper & Boards (P) Ltd and Anr v. National Company Law Tribunal and Anr
    Kerala High Court · 2026-06-10 · WP(C) No. 12795 of 2026 · a consent order does not bar appeal against a penalty of ₹1 lakh a day the company did not consent to; appeal allowed within three weeks.
35. The Federal Bank Limited v. The Directorate of Enforcement
    Kerala High Court · 2026-06-17 · WP(C) No. 47474 of 2025 · a bank's challenge to ED's attachment of a mortgaged property must go to the PMLA Special Court under section 8(7).
36. ANIL KUMAR MURARKA -VERSUS- THE OFFICIAL LIQUIDATOR AND ANR.
    Calcutta High Court · 2026-06-08 · APO/44/2025 With CP/413/2015 · the Company Court may transfer a pending winding-up petition to the NCLT on its own motion if no irreversible stage has been reached.
37. Darshan Mandir Co-operative Housing Society Limited V/s. District Deputy Registrar, Co-operative Society, Mumbai (4) and others
    Bombay High Court · 2026-06-22 · WRIT PETITION NO. 16318 of 2025 · pending insolvency of the company that bought the land does not stop the Competent Authority deciding a society's deemed conveyance application.
38. Ferro Alloys Corporations Ltd.-versus- Sub Divisional Magistrate, Champua & Anr.
    Orissa High Court · 2026-05-22 · CRLMC No. 5590 of 2025 · a mining company's Environment Act prosecution for 2002-2009 output was quashed, as section 32A of the IBC ended its liability after the plan.
39. DEEPAK SINGH v. DIRECTORATE OF ENFORCEMENT
    Karnataka High Court · 2026-06-16 · Writ Petition No. 15130 of 2026 with connected writ petitions (including Writ Petition No. 15277 of 2026) · ED arrests of three directors of an online gaming company were declared contrary to section 19 of the PMLA, and they were set at liberty.
40. SACHIN BANSAL & ORS v. THE DIRECTORATE OF ENFORCEMENT & ORS
    Madras High Court · 2026-06-16 · Rev.Aplw.Nos.64 of 2025 · review of the January 2025 order sending FEMA show-cause challenges to the statutory appeal route was dismissed, as no error appeared on record.
41. The Commissioner of Central Tax & Customs v. M/s Zoom Technologies (India) Pvt. Ltd.
    Telangana High Court · 2026-04-20 · C.E.A No.10 OF 2026 · whether a software transaction is a sale of goods or a service goes only to the Supreme Court under section 35L, not the High Court.
42. Gujral Hotels Pvt. Ltd. Through Its Director Shri Indraneel Singh Gujral v. The State Of Madhya Pradesh And Others
    Madhya Pradesh High Court · 2026-03-09 · WRIT PETITION No. 27879 of 2023 · the private operator of a state tourism motel is liable for property tax as occupier, but only from its 2019 agreement and not from 2010-11.
43. BPL Limited v. National Company Law Tribunal Kochi Bench
    Kerala High Court · 2026-06-11 · WP(C) No. 19348 of 2026 · the NCLT cannot refuse a corporate debtor's additional objections because the rules do not provide for them; Rules 55 and 11 allow them.
44. PPK NEWSCLICK STUDIO PVT. LTD v STATE OF NCT OF DELHI
    Delhi High Court · 2026-05-29 · W.P. (CRL.) NO.1130/2021 & CRL.M.A. 9407/2021 · the FIR against PPK Newsclick over foreign investment disclosed no offence, so the ED's ECIR under the PMLA was also quashed.
45. Ajeet Madhukar Mulay v. Abhyudaya Co-Operative Bank Limited & Ors
    Bombay High Court · 2026-06-09 · COMMERCIAL ARBITRATION PETITION NO. 843 OF 2024 · two awards in Abhyudaya Co-operative Bank's recovery arbitrations against guarantors were set aside for ignoring an IBC interim moratorium.
46. CA RAMCHANDRA DALLARAM CHOUDHARY v. ADANI INFRASTRUCTURE AND DEVELOPERS PRIVATE LIMITED
    Supreme Court of India · 2026-06-01 · D.No.5988/2026 · an IBC section 62 appeal filed defectively and re-filed after the 28-day cure period is barred, as the right to appeal is extinguished.
47. Dwarka Iron Industries Pvt. Ltd. v. Competent Authority (under MPID Act, 1999) & Anr
    Bombay High Court · 2026-06-08 · WRIT PETITION NO. 5272 OF 2026 · after the NCLT approved Abhirama Steels' plan, the Maharashtra MPID attachment of its Telangana land was quashed under section 32A(2) of the IBC.
48. JINDAL POLY FILMS LTD v. MONET SECURITIES PRIVATE LIMITED & ORS.
    Supreme Court of India · 2026-06-08 · Diary No. 25829 of 2026 · a minority shareholder's Companies Act petition went by consent to a sole arbitrator seated in Delhi; the NCLT and NCLAT orders fell.
49. Pushp Ratna Realty Pvt Ltd v. Kamal Nayan Mishra and Ors
    Madhya Pradesh High Court · 2026-05-27 · Writ Petition No. 19362 of 2026 · after a resolution plan is approved, courts must first decide whether pre-resolution proceedings against the company are maintainable.
50. MOODBIDRI NAGAVARMA GUNASHEELA v. REGISTRAR OF COMPANIES, KARNATAKA
    Karnataka High Court · 2026-04-25 · CRIMINAL PETITION No.12441 OF 2022 · a chartered accountant who was a stop-gap director for a few months in 2011-12 could not be prosecuted for fraud under the Companies Act, 2013.