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Supreme Court Adjudicates Appeal Against High Court's Order Setting Aside Arbitral Award Under Section 37 of Arbitration and Conciliation Act, 1996. Dispute Involves Interpretation of Contractual Notice Requirement as Condition Precedent and Applicability of Waiver and Estoppel in EPC Contract.

The dispute arose from multiple Engineering, Procurement, and Construction (EPC) agreements between SEPCO Electric Power Construction Corporation (con...

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Bombay High Court Allows Resolution Professional to Continue CIRP Under IBC Despite Pending Winding-Up Petition Under Companies Act, 1956. Leave under Section 446 of Companies Act, 1956 granted to proceed with Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016.

The judgment concerns Company Application No. 10 of 2017 filed by the Resolution Professional of Murli Industries Limited (the corporate debtor) under...

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High Court of Karnataka Hears Batch of Writ Petitions Challenging Land Acquisition Notifications for Nadaprabhu Kempegowda Layout. Petitioners Seek Quashing of Preliminary and Final Notifications Issued Under the BDA Act and the Land Acquisition Act.

A batch of writ petitions filed under Articles 226 and 227 of the Constitution of India came before the High Court of Karnataka at Bangalore, presided...

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High Court of Karnataka Hears Revenue's Appeals Against ITAT Decision Favoring Assessee on Deduction of Distributable Surplus Payment to Brand Owner. Court Examines Whether Payment is Allowable Under Section 37 of Income Tax Act, 1961 or Constitutes Application of Income or Diversion by Overriding Title.

The present set of five tax appeals arises under Section 260-A of the Income Tax Act, 1961, filed by the Revenue against the common order of the Incom...

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High Court of Karnataka Hears Writ Petition Challenging Land Acquisition Notifications for Nadaprabhu Kempegowda Layout. Petitioners Seek to Quash Preliminary and Final Notifications Issued Under Land Acquisition Act, 1894 and BDA Act, 1976 for Scheme Area.

The judgment is from the High Court of Karnataka, presided over by Justice Anand Byrareddy, dated 11th July 2014. It pertains to a batch of writ petit...