Search Results for "discretionary interest"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Acquits Accused in Murder Case Due to Incredible Dying Declaration...
Supreme Court Quashes Criminal Proceedings Under Section 182 IPC for Lack of Val...

Search Results for "discretionary interest"

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Supreme Court

Supreme Court Allows Appeals by State Bank of India in Jet Airways Insolvency Case — Holds Performance Bank Guarantee Cannot Be Adjusted Against Resolution Plan Payment and Non-Implementation Leads to Liquidation. The Court ruled that the SRA's failure to pay airport dues and employee dues constituted non-implementation of the Resolution Plan under Section 33(3) IBC, 2016, and the PBG cannot be set off against the first tranche payment.

13 Nov 2024

The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Jet Airways (India) Limited, initiated by State Bank of India (SBI) under S...

Supreme Court

Supreme Court Partially Allows Appeal in Income Tax Penalty Case — Compliance with Section 271AAA(2) Conditions is Mandatory but Penalty Must Be Proportionate to Undisclosed Income. The Court held that penalty under Section 271AAA(1) is computed at 10% of undisclosed income, not entire returned income, and part compliance with condition (iii) warrants proportionate reduction.

4 Mar 2025

The appeal arose from a penalty order under Section 271AAA of the Income Tax Act, 1961, for Assessment Year 2011-2012. The appellant, K. Krishnamurthy...

Supreme Court

Supreme Court Quashes Notification Restricting OCI Cardholders' Admission Rights in Medical Education Under Citizenship Act. Court Held That Impugned Notification Violated Articles 14 and 21 of Constitution as It Discriminated Against OCI Cardholders Without Reasonable Classification, Given Their Long Residence in India and Vacant Seats Data.

3 Feb 2023

The dispute involved Overseas Citizens of India (OCI) cardholders, who are students aspiring to pursue MBBS and higher medical courses through NEET se...

High Court

Bombay High Court Allows Appeal in Admiralty Suit for Arrest of Vessel — Holds That a Beneficial Owner of a Vessel Can Be Considered a 'Person Interested' Under Section 5 of the Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017. The Court set aside the impugned order and allowed the appellant to file an affidavit of disclosure of interest in the vessel.

8 Mar 2023

The appeal was filed by Angsley Investments Limited, a company incorporated in St. Vincent and the Grenadines, against an order dated 28th March 2006 ...

High Court

Bombay High Court Dismisses PIL Seeking CBI/ED Investigation into Alleged Financial Irregularities by Political Figures. Petition fails to establish prima facie case for transfer of investigation to central agencies.

14 Mar 2023

The petitioners, Gouri Abhay Bhide and Abhay Bhide, filed a Public Interest Litigation (PIL) before the Bombay High Court seeking a writ of mandamus d...

High Court

Bombay High Court Allows Writ Petition Challenging Termination of Contract by MSETCL — Holds Termination Without Show Cause Notice Violates Principles of Natural Justice and Contractual Stipulations. The court set aside the termination order and directed restoration of status quo ante, emphasizing that contractual clauses requiring show cause notice must be adhered to.

10 Jan 2022

The petitioner, Maha Active Engineers India Pvt. Ltd., was awarded a contract by the respondents, Maharashtra State Electricity Transmission Co. Ltd. ...

High Court

Bombay High Court Allows Writ Petition Challenging Disqualification of Bid in Tender Process for Distribution Franchisee — Violation of Natural Justice and Arbitrary Action by State Entity. The court quashed the disqualification of the petitioner's bid due to non-submission of power of attorney in prescribed format, holding that the respondent failed to provide prior notice or opportunity to explain.

28 Jul 2010

The petitioner, A2Z Maintenance & Engineering Services Limited, filed a writ petition challenging the disqualification of its bid by the Maharashtra S...

High Court

Bombay High Court Allows Appeal in Bond Trustee Case — Appoints Receiver and Grants Injunction Against Alienation of Assets. Trustee entitled to protect bondholders' interests where corporate debtor defaulted on convertible bonds and attempted to transfer business to related parties.

27 Mar 2012

The Bank of New York Mellon, as trustee for bondholders, filed a suit against Zenith Infotech Ltd. and others after Zenith defaulted on repayment of U...

High Court

Bombay High Court Dismisses Writ Petition Challenging Interlocutory Order for Possession in Cooperative Society Dispute — Petitioner Failed to Show Exceptional Circumstances for Interference Under Articles 226 and 227 of the Constitution of India. The Cooperative Court's Order Directing Possession Pending Adjudication Was Upheld as the Society Had a Prima Facie Case for Redevelopment and Balance of Convenience Favoured the Society.

27 Sep 2012

The petitioner, a retired individual and member of the Ambaji Niketan Cooperative Housing Society, challenged an interlocutory order passed by the Coo...

High Court

Bombay High Court Dismisses Writ Petitions Challenging Impleadment of Co-owners in Suit for Possession. Order 1 Rule 10 CPC Allows Addition of Parties with Direct Interest in Subject Matter to Avoid Multiplicity of Suits.

12 Dec 2005

The petitioners, Sitaram Deorao Pawar and Totaram Deorao Pawar, filed two separate writ petitions challenging an order dated 6/11/2003 passed by the J...

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