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Bombay High Court: “Once Triable Issue Exists, Conditional Leave to Defend Cannot Be Imposed” — Court Quashes Order Directing 50% Deposit in Summary Suit Between Homebuyers and HDFC

Court’s Decision The Bombay High Court (Justice Prafulla S. Khubalkar) held that once a court records a finding that the defendant has raised a bona fide and triable issue, it…

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Rawlaw October 30, 2025

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Bombay High Court Upholds Winding Up of Bassein Metals Private Limited for Non-Payment of Admitted Debts Despite Decree and Demand Promissory Note, Emphasising “It is Better to Bury a Company with No Assets Than Let It Default Further”

Court’s Decision The Bombay High Court dismissed the appeal filed by Bassein Metals Private Limited against the winding-up order dated 11 October 2007. The Court upheld the winding-up under Section…

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Rawlaw July 10, 2025

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