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Supreme Court Dismisses Assessee's Appeal in Income Tax Deduction Case Under Section 43B Explanation 3C. Interest Converted into Debentures Not Deemed Actually Paid as Per Retrospective Amendment, Disallowing Deduction Under Income Tax Act, 1961.

The dispute arose from an appeal by M.M. Aqua Technologies Ltd. against the Commissioner of Income Tax, Delhi-III, concerning the interpretation of Se...

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Bombay High Court Dismisses Management's Petition Challenging Reinstatement of Employee in Unfair Labour Practice Case. Oral Termination by Management Set Aside as Unfair Labour Practice Under Item 1 of Schedule IV of MRTU and PULP Act, 1971.

The petitioner, Suraj Pressings Pvt. Limited, challenged the judgment of the Labour Court dated 04/01/2014, which allowed Complaint (ULP) No.50/2006 f...

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Bombay High Court Dismisses Petition Challenging Injunction in Non-Compete Clause Dispute. Temporary Injunction Granted to Restrain Former Employee from Competing with Employer for Three Years Based on Contractual Non-Compete Agreement.

The petitioner, Tapas Kanti Mandal, was employed by Cosmo Films Ltd. as a manager in its Research and Development Department from May 2003. He resigne...

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High Court of Bombay at Aurangabad Upholds Labour Court's Reinstatement Order in Favor of Deceased Employee in M.S.R.T.C. Dismissal Case — Punishment of Dismissal Found Disproportionate to Misconduct of Negligent Driving Causing Accident.

The case involves a writ petition filed by the Divisional Controller of Maharashtra State Road Transport Corporation (MSRTC) challenging the judgment ...

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Bombay High Court Dismisses Appeals of Retired Employees Against Cooperative Bank's SARFAESI Recovery Proceedings. Employees Held Not to Be 'Borrowers' and Lack Locus Standi to Challenge Auction Sale Without Payment of Dues.

The judgment pertains to a batch of Letters Patent Appeals filed by retired employees of Shamrao Vithal Cooperative Bank Ltd. against the dismissal of...