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Bombay High Court Nagpur Bench Dismisses Convict's Writ Petition Seeking Concurrent Running of Sentences — Applies Single Transaction Rule. Convict's Prayer to Make Sentences in Two Unrelated IPC Offences Concurrent Rejected as Cases Arose From Different Transactions and Had Separate Judgments.

The petitioner, a convict at Central Prison, Nagpur, filed a writ petition seeking that the sentences in two separate convictions run concurrently. He...

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Supreme Court Upholds Assessment of Profit from Land Transaction as Adventure in Nature of Trade. Single Transaction of Purchase and Subdivision of Estate into Plots with Resale Held to Constitute Business Profit Under Section 34(1)(a) of Income-tax Act, 1922.

The assessee, P. M. Mohammad Meerakhan, entered into an agreement on 15th August 1955 to purchase 477.71 acres of land called Kuttikal Estate for Rs. ...

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High Court of Bombay Hears Writ Petition Seeking Quashing of Order and Reference under Section 92BA(i) of Income Tax Act, 1961. Petitioner challenges classification of three transactions as Specified Domestic Transactions based on related party and expenditure definitions.

The petitioner, HDFC Bank Ltd., a banking company, filed a writ petition under Article 226 challenging an order and reference passed by the Assistant ...

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High Court of Bombay Quashes Sessions Court Order Rejecting Transfer Petition and Orders Clubbing of Multiple Cheque Bounce Cases. Cases Arising from Same Share Transaction Between Same Parties Transferred to 4th Judicial Magistrate for Expeditious and Separate Disposal.

The petitioner, a share broker operating as Radhika Investment at Latur, and respondent no.1, a client, were involved in multiple transactions resulti...

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Supreme Court Dismisses Appeal Against Impounding of Agreements to Sell Under Maharashtra Stamp Act — Agreements Not Part of Single Transaction, Possession Transferred, Deemed Conveyance Under Explanation I to Article 25 of Schedule I.

The appellants, Shyamsundar Radheshyam Agrawal and another, filed a suit for declaration and injunction in Special Civil Suit No.200 of 2008. During t...

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Bombay High Court Issues Rule Nisi in Cyber Fraud Case Involving Unauthorized Withdrawals of Rs. 38.04 Lakh. Petitioner Claims Banks Breached RBI Guidelines on Internet Banking and Failed to Reverse Fraudulent Transactions.

The petitioner, a freelancer in business consultancy, maintained savings and current accounts with HDFC Bank since 2011 and 2016 respectively. On 14 J...

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Bombay High Court Quashes Second FIR in Narcotics Case as Part of Same Transaction. Second FIR Based on Accused's Disclosure During Custodial Interrogation Quashed Under Section 482 Cr.P.C.

Background: The petitioner, a British national, was facing two FIRs under the Narcotic Drugs and Psychotropic Substances Act, 1985. The first FIR (No....