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Supreme Court Allows Appeal in Specific Performance Case — Delay in Deposit of Balance Sale Consideration Condoned. The court held that the conditional decree was satisfied by deposit under court orders, and the judgment-debtor's right to rescind was lost as he did not seek rescission before deposit.

The appellant, filed a suit for specific performance of an agreement for sale of 3.75 acres of land dated 14.11.2011, wherein the respondent, agreed t...

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Bombay High Court Dismisses Petition Challenging University of Mumbai's Refusal to Grant Minority Status to Laxmi Charitable Trust. Trust Failed to Establish That It Was Established and Administered by a Religious or Linguistic Minority as Required Under Article 30(1) of the Constitution of India.

The petitioner, Laxmi Charitable Trust, a public trust registered under the Bombay Public Trusts Act, 1950, filed a writ petition in the Bombay High C...

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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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Bombay High Court Allows Writ Petition Challenging Rejection of ARE-1 Forms as Proof of Export Under Advance Authorisation Scheme. Court Holds That ARE-1 Forms Are Valid Proof of Export Under Paragraph 4.25 of Handbook of Procedures 2009-14 and Quashes Show Cause Notice.

The petitioner, Larsen & Toubro Limited, a company incorporated under the Indian Companies Act, 1913, challenged a Letter dated 1-12-2016 and a Show C...

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Bombay High Court Allows Petition by TPAs Challenging TDS Notices Under Section 194J of Income Tax Act. Payments to Hospitals by TPAs for Health Insurance Claims Are Not Subject to TDS as They Are Not Fees for Professional or Technical Services.

The petitioners, Dedicated Health Care Services TPA (India) Pvt. Ltd. and others, are Third Party Administrators (TPAs) registered with the Insurance ...

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High Court of Bombay at Goa Dismisses Writ Petition Challenging Cooperative Election Due to Lack of Locus Standi. Petitioner, a Non-Member of the Federation and Its Member Societies, Cannot Challenge Election of Directors Under Goa Cooperative Societies Act, 2001.

The petitioner, Madhav Atmaram Sahakari, filed a writ petition under Article 226 of the Constitution of India before the High Court of Bombay at Goa, ...