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High Court of Karnataka Allows Bank's Writ Petition, Quashes Commercial Court Order Rejecting IA for Production of Documents. Court Holds That Production of Documents Under Order XI Rule 12 CPC Cannot Be Denied on Grounds of Relevance at the Stage of Filing IA.

The petitioner, The Karnataka Bank Ltd., filed a writ petition under Articles 226 and 227 of the Constitution of India before the High Court of Karnat...

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Bombay High Court Dismisses Writ Petition Against AAIFR Order Dismissing Appeal as Time-Barred Under Section 25 of SICA. Limitation Period of 45 Days for Appeal Under Section 25 of Sick Industrial Companies (Special Provisions) Act, 1985 Is Mandatory and Cannot Be Extended.

The petitioner, Iccon Oil & Specialities Ltd., filed a writ petition before the Bombay High Court challenging an order dated 29 January 2008 passed by...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Revision Case — Assessing Officer's Order Not Erroneous Under Section 263. Commissioner Cannot Substitute View Where Assessing Officer Applied Mind and Took Plausible View on Depreciation of Current Investments by Bank.

The appeal by the Revenue under Section 260A of the Income Tax Act, 1961 arose from an order of the Income Tax Appellate Tribunal dated 15 January 200...

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Bombay High Court Quashes Reopening of Assessment Under Section 148 of Income Tax Act, 1961 for Lack of Fresh Material. Reassessment Based on Mere Change of Opinion on Allowability of Deduction and Depreciation Rate is Invalid.

The petitioner, Aventis Pharma Ltd., challenged a notice dated 16th March 2009 issued under Section 148 of the Income Tax Act, 1961, seeking to reopen...

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Bombay High Court Quashes Reopening Notice in Income Tax Case Due to Lack of Failure to Disclose Material Facts. Reassessment Beyond Four Years Invalid Without Proof of Non-Disclosure Under Section 147 of Income Tax Act, 1961.

The petitioner, 3i Infotech Limited, challenged a notice dated 18 March 2009 issued by the Assistant Commissioner of Income Tax seeking to reopen the ...

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Bombay High Court Dismisses Petition Challenging Consumer Forum Order Against Credit Society for Deficiency in Service. Fixed Deposit Holder is a Consumer Under Section 2(1) of Consumer Protection Act, 1986.

The petitioners, including the Kala Hanuman Urban Credit Society and its directors, challenged an order dated 25 February 2009 passed by the District ...