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Supreme Court Allows Appeal of Educational Society Founders in CBI Case — Discharge Upheld as Cheating Ingredients Not Made Out. Non-Disclosure of Land Mortgage in AICTE Applications Did Not Amount to Dishonest Inducement Under Section 420 IPC Where AICTE Had Knowledge and No Official Was Implicated.

The Supreme Court allowed the appeal filed by Vipin Sahni and another against the order of the Allahabad High Court which had set aside their discharg...

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Bombay High Court Allows Writ Petition Challenging Reopening of Assessment Beyond Four Years Under Section 147 of Income Tax Act, 1961 — No Failure to Disclose Material Facts. Reopening Based on Change of Opinion Not Permissible; Notice Under Section 148 Quashed.

The petitioner, Hasmukh Estates Pvt. Ltd., a company registered under the Companies Act, 1956/2013, filed a writ petition under Article 226 of the Con...

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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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Gujarat High Court Dismisses Petition for Regularization of Services Due to Delay and Laches — Petitioner Superannuated Without Regularization Despite Resolution. Writ of Mandamus Denied as Relief Became Infructuous After Superannuation.

The petitioner, Vinodrai Gordhandas Agrawal, was appointed as a Sanitary Inspector by the Porbandar Nagar Palika on 21.04.1997 and superannuated on 31...