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High Court Upholds Cooperative Appellate Court's Rejection of Delay Condonation in Cooperative Loan Recovery Dispute. Petitioner Society's Concealment of Post-Award Execution Proceedings and Admissions of Liability Disentitles It to Condonation of Six-Year Delay Under Maharashtra Co-operative Societies Act, 1960 and Rules, 1961....

In this case, a cooperative society challenged an order of the Cooperative Appellate Court which had refused to condone a six-year delay in filing an appeal against a loan recovery award. The dispute ...

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Bombay High Court Decides Income Tax Appeal Concerning Addition of Provision for Doubtful Debts to Book Profit Under Section 115JA of Income Tax Act. Appeal involved whether a provision for doubtful debts/advances was a reserve under clause (b) of Explanation to Section 115JA and thus required to be added to book profit....

The matter arose from an income tax appeal filed by an assessee company, an export house recognized by the Ministry of Commerce, engaged in export of medicines, bulk drugs, pesticides and agricultural...

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Bombay High Court Examines Taxability of Insurance Claim for Dead Horses under Section 41(1) of Income Tax Act, 1961. Revenue Treated Insurance Receipts as Deemed Profits While Assessee Contended They Were Capital Receipts Not Taxable as Business Income....

The dispute arose from income tax appeals filed by an assessee engaged in the business of breeding, rearing, and selling racehorses since 1967. The assessee maintained a stud farm with mares and stall...

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Bombay High Court Hears Criminal Appeals Against Conviction for Murder and Conspiracy — Appeals Arise from Same Sessions Case. Court Reviews Circumstantial Evidence of Motive, Recovery, and Defence of Robbery in Challenge to Conviction Under IPC Sections 302, 120B(1), and 498A....

The appeals arose from Sessions Case No.29 of 2014 before the Additional Sessions Judge-3, Nashik, where two accused were tried for the murder of Priyanka, wife of Accused No.1. The trial court, by ju...

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Bombay High Court Allows Arbitration Petition in Development Agreement Dispute; Appoints Sole Arbitrator. Court holds valid arbitration agreement existed despite blank arbitrator name and death of signatories, leaving non-signatory transferee's joinder to arbitral tribunal under Section 11 of Arbitration and Conciliation Act, 1996....

The matter arose under Section 11 of the Arbitration and Conciliation Act, 1996 concerning a Development Agreement dated 24 September 2007. The petitioner, a sole proprietor of a developer firm, sough...

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High Court of Judicature at Bombay Reviews Appeal Against Winding Up Order Under Section 433(e) of Companies Act, 1956. The Court Examines Whether Acquittal Under Section 138 of Negotiable Instruments Act, 1881 and Alleged Discrepancies Negatived Admitted Debt and Inability to Pay Debts....

This appeal arose from a winding-up order passed by a learned Single Judge of the Bombay High Court on 11 October 2007 in Company Petition No. 921 of 2001. The appellant, a private limited company, ha...

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High Court of Karnataka Allows Insurance Company's Appeals in Motor Accident Claims, Reduces Compensation Due to Contributory Negligence and Lack of Proof of Income. The court apportioned liability at 50% contributory negligence for a pedestrian crossing without care and reduced compensation for a pillion rider due to absence of income proof....

The judgment involves two appeals filed by the same insurance company, M/s Tata AIG General Insurance Company Ltd, against separate awards of the Motor Accident Claims Tribunal. In MFA No. 7857/2017, ...