Search Results for "Section 29A"

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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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Madras High Court Dismisses Revenue's Appeal in Capital Gains vs Business Profits Dispute. Profit on Sale of Land Held as Capital Gains Where Assessee Not in Property Development Business.

The case involves an appeal by the Commissioner of Income Tax against an order of the Income Tax Appellate Tribunal for assessment year 2004-05. The a...

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Supreme Court Appoints Sole Arbitrator in International Commercial Arbitration Dispute. Court modifies arbitration clause by consent to appoint sole arbitrator instead of three-member tribunal under Section 11 of the Arbitration and Conciliation Act, 1996.

The petitioner, M/s. Shaf Broadcast Pvt. Ltd., entered into a contract dated 08.03.2010 with Respondent No. 1, Doordarshan, a constituent of Prasar Bh...

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Bombay High Court Allows Arbitration Petitions in Loan Dispute — Appoints Sole Arbitrator for IIFL Finance Disputes. Court finds that disputes arising from loan agreements containing arbitration clauses are arbitrable and appoints a retired judge as sole arbitrator.

The judgment concerns three arbitration petitions filed by DS Textiles, Madhuram Fabrics Pvt Ltd, and P R Packing Service against IIFL Finance Limited...