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High Court Quashes Show Cause Notice in GST Case on Assignment of Leasehold Rights - Assignment of Long-Term Leasehold Rights Held as Transfer of Immovable Property, Not Supply of Service Under Section 7 of Central Goods and Services Tax Act, 2017, Rendering GST Liability Inapplicable.

The dispute arose from a show cause notice issued under Section 74 of the Central Goods and Services Tax Act, 2017, to the petitioner, a company that ...

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High Court of Karnataka Acquits Accused No.3 in Cheating and Forgery Case Due to Insufficient Evidence. Conviction under Sections 420, 465, 468, 471 read with Section 34 IPC Set Aside as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

The petitioner, Krishna Veni, was accused No.3 in C.C. No.405/2005 before the JMFC Court, Aurad-B, for offences punishable under Sections 420, 465, 46...

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High Court of Karnataka Acquits Accused No.3 in Cheating and Forgery Case Due to Benefit of Doubt — Conviction Set Aside as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

The revision petition was filed by accused No.3, Krishna Veni, challenging her conviction under Sections 420, 465, 468, 471 read with Section 34 of th...

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Bombay High Court Dismisses Suit for Specific Performance of Unsigned MOU for Flat Purchase. Contract Not Concluded as Essential Terms Were Not Finalized and MOU Remained Unsigned.

The plaintiffs, Rohit A. Kapadia and Sandhya R. Kapadia, filed a suit against the defendant, Perviz J. Modi, seeking specific performance of an allege...

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Bombay High Court Dismisses Stay Application in Arbitration Matter — Consent Order Not Stayed as No Prima Facie Case Made Out. Court held that a consent order passed under Section 9 of the Arbitration and Conciliation Act, 1996 cannot be stayed unless fraud or lack of jurisdiction is shown.

The petitioner, Tata Capital Financial Services Limited, a non-banking finance company, had sanctioned an invoice discounting facility of Rs. 20,00,00...

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Bombay High Court Dismisses Second Appeal in Municipal Lease Dispute — Lease Term Fixed at 30 Years Not Permanent. Court holds that a lease for a fixed term does not become permanent merely because the lessee was permitted to make permanent constructions.

The case involves a second appeal by the defendants against a decree of attachment passed by the trial court and confirmed by the lower appellate cour...