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Supreme Court Upholds Enhanced Share Valuation, Awards Interest at 6% Pre-Decree and 9% Post-Decree in Decades-Old Dispute. Balancing Equity and Commercial Realities: SC Modifies Interest Rates in Rajasthan State Mines Share Acquisition Case

Valuation of Shares – The Supreme Court affirmed the High Court’s valuation of shares at ₹640 per share, rejecting the State’s objections. Th...

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Bombay High Court Dismisses Revenue's Appeal in Service Tax Case on Bifurcation of Interest and Service Charges. Tribunal's finding that no service tax liability arises prior to 01.03.2006 due to absence of mechanism for bifurcation of value of service from interest amount upheld.

The appeal was filed by the Commissioner of CGST & Central Excise under Section 35G of the Central Excise Act, 1944, challenging the order of the Cust...

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Bombay High Court Allows Section 11 Applications in International Commercial Arbitration — Habitual Residence Determined at Time of Agreement. Applicant Residing in UAE at Time of Agreement Held to be Habitually Resident Outside India Under Section 2(1)(f)(i) of Arbitration and Conciliation Act, 1996.

The judgment concerns three arbitration applications filed under Section 11 of the Arbitration and Conciliation Act, 1996, by Aslam Ismail Khan Deshmu...

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High Court of Karnataka Dismisses Writ Petition Challenging CAT Order Denying Age Relaxation to Contract Employee. Petitioner Failed to Establish Legitimate Expectation for Age Relaxation Beyond Recruitment Rules for Field Investigator Post.

The petitioner, Dheeru Nayak, was initially appointed as a Field Investigator on contract basis in the National Sample Survey Organisation (NSSO) unde...

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Bombay High Court Dismisses Section 9 Petition by Debenture Trustee Seeking Deposit and Injunction — No Prima Facie Case for Interim Relief as Trustee Failed to Establish Breach of Trust or Impairment of Security Under Trust Deed and Information Memorandum.

The petitioner, IDBI Trusteeship Services Limited, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking interim rel...

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Bombay High Court Allows Suit for Specific Performance — Territorial Jurisdiction Issue Deferred to Trial. Court holds that preliminary issue of jurisdiction requires evidence and cannot be decided without trial under Order XVIII Rule 4 CPC.

The suit was filed by Dr. Ashok M. Bhat and another against Harichand Nagpal and another for specific performance of an agreement to sell. The prelimi...

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Bombay High Court Allows Advocate's Appeal for Legal Fees from Municipal Corporation - Held that Advocate is Entitled to Fees as per Contract and Quantum Meruit for Services Rendered.

The appellant, an advocate practicing in Nashik, filed a suit for recovery of legal fees from the Nashik Municipal Corporation (respondent No.1) and i...