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Supreme Court Upholds Workmen's Bonus Award by Limiting Depreciation Deduction in Surplus Calculation. Depreciation Admissible Under Income-tax Act Cannot Be Fully Claimed as Prior Charge; Abnormal Additions Like Initial and Additional Depreciation Not Fair to Workmen.

The case arose from an industrial dispute between Sree Meenakshi Mills Ltd. and their workmen concerning payment of bonus for the year 1950–51. The ...

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Supreme Court Allows Appeals in Land Ownership Dispute, Quashing Bombay High Court PIL Judgment. Revenue Minister's Recall of Ex Parte Order Upheld as Violative of Natural Justice Under Section 258 Maharashtra Land Revenue Code, 1966, and Appellants' Title Established Based on 1894 Deed.

The appeals arose from a Bombay High Court judgment in a Public Interest Litigation concerning ownership of land admeasuring 5 acres and 20 gunthas in...

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Bombay High Court Dismisses Appeal Against Arbitrator's Order Rejecting Interim Relief in Development Agreement Dispute. Court holds that scope of interference under Section 37 of Arbitration and Conciliation Act, 1996 is limited and does not extend to reappreciating prima facie findings of arbitrator.

The Petitioner, Della Developers Private Limited, entered into a Development Agreement dated 17th March 2006 with the Respondents, Noble Organics Priv...

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Writ Appeals Filed by Upa-Lokayukta Against Dismissal of Writ Petition Challenging Communication Under Karnataka Lokayukta Act, 1984 – Single Judge Held Petition Not Maintainable

The appellant, Justice Subhash B. Adi, is the incumbent Upa-Lokayukta of Karnataka, appointed in 2013 under the Karnataka Lokayukta Act, 1984. On 27 N...

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Bombay High Court Dismisses Application to Vacate Interim Injunction in Development Agreement Dispute. Plaintiff's Readiness and Willingness Not Shown to Be Lacking Due to Defendant's Own Conduct Under Order XXXIX Rule 4 CPC.

The Bombay High Court dismissed an application filed by defendant No.1A (Vivek Madhavlal Pittie) seeking vacation of an interim injunction granted on ...

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Supreme Court Reverses High Court Order in Tender Dispute Involving Foreign Sovereign Funding. High Court Erred in Interfering with Technical Bid Rejection Under Article 226 as Project Funded by Japanese Loan with Non-Negotiable Terms Under Memorandum of Understanding.

The dispute arose from a tender process for the Mumbai-Ahmedabad High Speed Rail Project, where the National High Speed Rail Corporation Limited (NHSR...

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Supreme Court Clarifies Scope of Merger Control Disclosure Obligations and Limits of CCI's Powers After Approval. The Court Emphasizes That CCI's Authority Must Be Traced to the Act and That Disclosure Must Present the Transaction in Substance.

The case arises from an appeal under Section 53T of the Competition Act, 2002, filed by Amazon.com NV Investment Holdings LLC before the Supreme Court...

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High Court Dismisses Accused's Petition for Quashment in Cheating and Forgery Case Due to Bar of Second Petition. Second Petition on Same Grounds After Charge Sheet Not Entertainable When Earlier Petition Under Section 482 CrPC Was Dismissed at Investigation Stage.

The dispute arose from a joint development agreement (JDA) executed between the complainant, B. Ankamma Rao, and M/s Mahidhara Projects Private Limite...

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High Court of Karnataka Directs Banks to Comply with RBI Prudential Framework for Stressed Assets Resolution in Writ Petition by Borrower Company. The court held that the RBI circular dated June 7, 2019, is binding on banks and that the borrower has a right to seek a review meeting under the framework.

The petitioner, Ganjam Nagappa and Son Private Limited, a company incorporated under the Companies Act, 1956, filed a writ petition under Articles 226...