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Bombay High Court Sets Aside Deemed Conveyance Order Under MOFA as Bifurcation Under MCS Act Already Vests Land. Section 17(2) of MCS Act Operates as Automatic Conveyance, Precluding Jurisdiction Under Section 11(3) of MOFA.

The dispute arose from a bifurcation of a co-operative housing society and a subsequent claim for deemed conveyance. The original society, Happy Homes...

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High Court of Karnataka Adjudicates Appeal Against Dismissal of Specific Performance Suit Arising from Joint Development MOU; Developer Seeks Amendment to Include Refund Claim After Dismissal of Suit.

The appeal arose from a commercial suit for specific performance of a Memorandum of Understanding (MOU) dated 27.09.2004. The appellant, M/s Whitefiel...

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High Court of Karnataka Upholds Labour Court Award of Reinstatement with Back Wages for Workman Dismissed Without Enquiry. Termination of Mechanic Labour by Cement Factory Set Aside Due to Non-Compliance with Section 25F of Industrial Disputes Act, 1947 and Absence of Enquiry.

The petitioner, Yenkappa, was employed as a Mechanic Labour by the respondent, Rajashree Cements Factory, in lieu of land acquired from him. He was te...

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Bombay High Court Allows Second Appeal in Fragmentation Act Case — Preferential Right of Contiguous Land Owner Upheld. Sale of Fragmented Land to Non-Contiguous Purchaser Violates Section 7 of Bombay Prevention of Fragmentation and Consolidation of Holdings Act, 1947.

The appellant, Vilas Shivmurti Munde, filed a second appeal against the dismissal of his suit for declaration and injunction. The suit sought to decla...

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High Court of Karnataka Dismisses Appeals in Land Acquisition Compensation Case — Market Value Determination Upheld. Reference Court's award of Rs.162 per sq. ft. for acquired land for power grid is confirmed as no grounds for interference established.

The case involves two appeals arising from a common judgment and award dated 6.2.2016 passed by the II Additional Senior Civil Judge and JMFC, Bagalko...

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High Court of Karnataka Enhances Compensation for Land Acquisition for Power Grid, Reduces Development Deduction from 50% to 20%. Market Value Determined at Rs.260 per sq. ft. Based on Comparable Sale Deed Under Section 23 of Land Acquisition Act, 1894.

The case involves two appeals arising from a common judgment and award dated 6.2.2016 passed by the II Additional Senior Civil Judge and JMFC, Bagalko...

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High Court of Judicature at Bombay Hears Appeal Against Company Law Board Order in Oppression and Mismanagement Petition. Company Appeal No.19 of 2009 Challenges CLB's Findings on Reduction of Shareholding, Removal of Director, and Valuation of Land Under Sections 397 and 398 of the Companies Act, 1956.

The case involved a dispute between shareholders of Pantheon Infrastructure Pvt. Ltd., a company formed to acquire and develop a 13-acre property in M...

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Bombay High Court Dismisses Revenue Appeals in Income Tax Cases Involving Long-Term Capital Gains and Business Income Classification. Court upholds ITAT findings that gains from sale of agricultural land and shares were capital gains, not business income, under the Income Tax Act, 1961.

The judgment involves a batch of income tax appeals filed by the Commissioner of Income Tax against various assessees, including Nitish Rameshchandra ...