Search Results for "Finance Act 1956"

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Search Results for "Finance Act 1956"

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High Court

High Court of Bombay Dismisses Broker's Challenge to Arbitral Award in Client Dispute Over Delay Paying Charges. Unilateral Charging of 2% Daily Interest Without Specific Agreement or Proof of Loss Held Unconscionable and Not Enforceable Under Section 34 of Arbitration and Conciliation Act, 1996.

7 Mar 2012

The case involves a dispute between Sharekhan Limited, a trading member/broker of the Bombay Stock Exchange (BSE), and Nita Thakkar, a client. The bro...

High Court

High Court of Bombay Hears Batch of Income Tax Appeals Filed by Revenue — Court Notes Service of Notices and Delay in Filing of Appeals. Proceedings Adjourned; Interim Applications Pending.

26 Nov 2025

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High Court

Special Court at Bombay adjudicates securities scam trial against seventeen accused — Allegations of defrauding Standard Chartered Bank of ₹890 crores through unbacked bank receipts and forged securities. Charges include criminal breach of trust, forgery, and conspiracy under the Indian Penal Code and trial conducted under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992.

30 Jan 2019

The case arose from the 1991-92 securities scam that affected the Indian economy. The Standard Chartered Bank (SCB) had an Investment Banking Division...

High Court

Writ Petition challenging Show Cause Notice for input tax credit reversal due to non-electronic filing of Form GST ITC-02 caused by GST portal functionality issues.

8 Oct 2024

The Bombay High Court quashed the show cause notice issued to Tikona Infinet Private Limited, which alleged wrongful availing of ITC due to non-electr...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Exchange Dispute — Arbitrator's Refusal to Entertain Counterclaim Upheld as Within Jurisdiction. The court held that the arbitrator's decision to refrain from adjudicating the counterclaim regarding surplus in NSE capital market was within his jurisdiction and did not warrant interference under Section 34 of the Arbitration and Conciliation Act, 1996.

8 Mar 2013

The petitioner, Uttam Chand Garg, challenged an arbitral award dated 16th March 2009 passed by a sole arbitrator under the byelaws of the National Sto...

High Court

Bombay High Court Quashes LIC's Rejection of Tenant's Regularisation Application — LIC Cannot Deny Regularisation to Tenant's Relative in Occupation Since 1967 on Grounds of Unauthorised Subletting Without Proper Inquiry. The Court Held That Family Occupation Does Not Constitute Subletting and That LIC Must Follow Principles of Natural Justice Before Rejecting Such Applications.

27 Aug 2013

The petitioner, Navroz Kershasp Mody, filed a writ petition challenging the communication dated 8 December 2012 issued by the Regional Manager (Estate...

High Court

High Court of Karnataka Dismisses Revision Petitions of Granite Dealer in VAT/CST Case — No Substantial Question of Law. Assessee failed to prove inter-State stock transfer; Tribunal's concurrent findings of fact upheld under Section 65(1) of KVAT Act, 2003.

6 Jul 2018

The petitioner, M/s. Shanthakoti Enterprises, a dealer engaged in extraction and sale of rough granite blocks from quarries in Chamarajanagar, filed r...

High Court

Bombay High Court Quashes Corrigendum to Deemed Conveyance Orders in Co-operative Housing Society Dispute — Rectification After Five Years Held Barred by Limitation and Beyond Power to Correct Clerical Errors. The Court held that the Competent Authority under Section 5A of the Maharashtra Ownership Flats Act, 1963 cannot modify substantive rights through a corrigendum after the order has been acted upon, and the application for rectification filed after five years is barred by limitation.

29 Jul 2024

The Petitioner, Prem Villa Co-operative Housing Society Ltd., challenged a Common Corrigendum/Order dated 14.01.2020 issued by the District Deputy Reg...

High Court

High Court of Karnataka Upholds Arbitral Award in Commercial Appeal — No Interference Under Section 37 of Arbitration Act. Court holds that the arbitral tribunal's interpretation of contractual terms is final and not open to reappraisal in appeal unless perverse or contrary to public policy.

23 Jun 2023

The case involves two connected commercial appeals arising from an arbitral dispute between Asset Reconstruction Company (India) Ltd. (ARCIL) and Many...

High Court

Bombay High Court Dismisses Appeal for Specific Performance of Share Sale Agreement — Plaintiff Failed to Prove Readiness and Willingness to Perform Contract. MOU for Sale of Shares Held Not Enforceable as Plaintiff Did Not Show Financial Capacity to Pay Balance Consideration Within Stipulated Time.

22 Dec 2018

The appellants, plaintiffs in the suit, filed an appeal under Section 96 of the Code of Civil Procedure, 1908, against the judgment of the trial Court...

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