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Bombay High Court Upholds Constitution of Special Bench by ITAT President on CBDT Request in Income Tax Appeal. Power under Section 255(3) of Income Tax Act is Administrative and Not Subject to Prior Hearing or Natural Justice.

The petitioner, M/s Jagati Publications Ltd., a public limited company publishing a Telugu newspaper, filed a writ petition in the Bombay High Court c...

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High Court of Bombay Adjudicates Section 34 Petition Against Arbitral Award in Commercial Dispute. Termination of Services Agreement by State Assembly Secretariat Held Illegal by Arbitrator; Court's Decision on Frustration and Party Distinctness Not Available in Provided Excerpt.

Background: The dispute arose from an agreement dated 5 December 2015 between the Uttar Pradesh Legislative Assembly (UPLA) Secretariat and Tata Consu...

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Bombay High Court Dismisses Appeals From Accused Against Rejection of Discharge Applications in Organised Crime Case. Court Finds Prima Facie Evidence of Involvement in Continuing Unlawful Activity Under Maharashtra Control of Organised Crime Act, 1999.

The High Court of Bombay at Aurangabad considered seven criminal appeals filed by the appellants, who were accused in Special (M.C.O.C.) Case No.4 of ...

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Bombay High Court Allows Writ Petition Challenging AAI's Refusal to Issue Revised NOC for Building Height in Slum Rehabilitation Project. Court Holds That Substantial Compliance with Procedural Requirements Suffices and That the Authorization Letter Dated 11 July 2016 Must Be Treated as Final NOC.

The petitioners, developers implementing a slum rehabilitation scheme in Chembur, Mumbai, sought a revised No Objection Certificate (NOC) from the Air...

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Supreme Court Sets Aside High Court Order for Release of Secured Asset on Partial Payment Under SARFAESI Act. The court held that Section 13(8) of the SARFAESI Act, 2002 requires full payment of dues for redemption, and partial payment does not entitle the borrower to reclaim the property.

The dispute arose between a bank, as secured creditor, and a borrower over the enforcement of security interest under the Securitisation and Reconstru...

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Supreme Court Dismisses SEBI's Appeal in Securities Market Violation Case Due to Absence of Question of Law. Tribunal's Factual Findings on Advertisements, Manipulation, and Natural Justice Upheld, with Jurisdiction Under Section 15Z of SEBI Act, 1992 Confined to Legal Issues.

The dispute arose from a statutory appeal under Section 15Z of the Securities and Exchange Board of India Act, 1992, filed by SEBI against the Securit...