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Bombay High Court Dismisses Petition Challenging Cooperative Society Registration — Petitioner Lacks Locus Standi as Non-Member. Registration of Dayal Smruti Cooperative Housing Society under Maharashtra Cooperative Societies Act, 1960 upheld as petitioner was not a member and had no right to object.

The petitioner, Rachana Developers, a registered partnership firm, filed a writ petition under Article 226 of the Constitution of India before the Bom...

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Supreme Court Allows Appeal of Dissenting Financial Creditor in Insolvency Case on Interpretation of Amended Section 30(2)(b)(ii) - Court Holds Amendments Apply to Pending Proceedings and Entitle Creditor to Liquidation Value of Security Interest Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from appeals concerning the interpretation of amended Section 30(2)(b)(ii) of the Insolvency and Bankruptcy Code, 2016. The appellan...

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Bombay High Court Upholds Revenue in Block of Assets Case — Industrial Gala Sale Taxed as Short Term Capital Gain Under Section 50. Non-Use of Asset Does Not Remove It from Block of Assets; Depreciation History Determines Tax Treatment.

The case involves an income tax reference by the Income Tax Appellate Tribunal, Mumbai Bench, at the instance of the assessee, Smt. Meena v. Pamnani, ...

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High Court of Karnataka Dismisses Petitions of Police Sub-Inspectors Challenging Denial of Higher Pay Scale. Petitioners failed to establish entitlement to higher pay scale under the Karnataka Civil Services (Revised Pay) Rules, 1998 as they did not possess the requisite educational qualifications.

The case involves multiple writ petitions filed by Police Sub-Inspectors in Karnataka challenging the denial of a higher pay scale of Rs. 2200-4000. T...

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Supreme Court Dismisses Revenue's Appeal in Customs Classification Dispute. n-Hexane Held to be a Separate Chemical Compound, Not Petroleum Oil, Under Customs Tariff Heading 2901.10 and Central Excise Tariff Heading 2901.90.

The case involves an appeal by the Commissioner of Customs, Kandla, against the decision of CESTAT, Ahmedabad, which had dismissed the Revenue's appea...

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Bombay High Court at Goa Dismisses Petitions Challenging Termination of Veterinary Officers for Unauthorized Absence and Misconduct. Termination simpliciter under probation rules is valid and not punitive, and the petitioners were given adequate opportunity to explain their absence.

The case involves four writ petitions filed by 17 petitioners who were appointed as Veterinary Officers on probation by the Government of Goa. They we...