Tag
Zohra Hakeem
6 articles
A favorable legal development for Jem Fiscal Limited has emerged as the Bombay High Court quashed previous orders requiring a 30% cheque deposit in several writ petitions. The court remanded the matters back to the Sessions Judge for reconsideration, effectively barring coercive actions against the company. While Jem Fiscal has agreed to deposit Rs 5 lakh with the appellate court by October 2026, this outcome mitigates potential financial strain and provides operational flexibility. Investors should monitor the Sessions Judge's subsequent review, but the initial ruling represents a positive step for the company's legal standing.
Jem Fiscal Ltd Quashes Deposit Orders, Rs50L
The Bombay High Court quashed six Additional Sessions Judge orders directing 30% cheque deposits dated 1 August 2026.
The matters were remanded to the Sessions Court for fresh consideration, with a st
Jem Fiscal Quashes Deposit Orders, Rs 50L Due
High Court of Bombay set aside Additional Sessions Judge orders directing 30% cheque deposit in six related writ petitions.
The court remanded the matters back to the Sessions Judge for fresh consider
Jem Fiscal Quashes Deposit Order, Rs 50L
Bombay High Court quashed six orders directing 30% cheque deposit, dated 1 Aug 2026, in writs by Jem Fiscal Ltd.
Court remanded matters back to the Sessions Judge for fresh consideration and barred an
Jem Fiscal Quashes Deposit Orders, Rs50L
Bombay High Court set aside Additional Sessions Judge orders directing 30% cheque deposit in six writ petitions by Jem Fiscal Ltd.
Court ordered matters remanded to Sessions Judge for fresh considerat
Jem Fiscal Quashes Deposit Orders, Rs 50L
High Court of Bombay set aside Additional Sessions Judge orders directing 30% cheque deposit in six related writ petitions.
The court remanded the matters back to the Sessions Judge for fresh consider
Jem Fiscal Quashes Deposit Orders, Rs5L Deposit
High Court of Bombay set aside Additional Sessions Judge orders directing 30% cheque deposit in six related writ petitions.
Court remanded matters back to Sessions Judge for fresh consideration and ba