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Bombay High Court Allows Appeal by Religious Trust in Land Acquisition Compensation Dispute, Enhancing Compensation for Acquired Land. Court Holds That Dedication of Land to a Trust Does Not Affect Entitlement to Market Value Compensation Under the Land Acquisition Act, 1894.

The case involves two appeals arising from a land acquisition proceeding for the Pune Municipal Corporation. The acquired land belonged to Shri Devade...

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High Court of Karnataka Adjudicates Multiple Appeals on Land Acquisition Compensation for Minor Irrigation Tank. Reference Court's Enhanced Market Value Challenged by Both State and Land Losers.

The High Court of Karnataka Kalaburagi Bench heard a conglomeration of appeals filed under Section 54(1) of the Land Acquisition Act, 1894, and cross-...

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Bombay High Court Quashes Stamp Duty Notice for Delay and Lack of Jurisdiction in Agricultural Land Valuation Case. Notice issued after seven years from sale deed execution held invalid as proceedings under Bombay Stamp Act must be initiated within reasonable time.

The petitioner, Yadavrao Ganpatroa Raje, purchased agricultural land at village Dindori, Taluka Dindori, District Nashik. An agreement for sale was re...

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Supreme Court Dismisses Assessee's Appeal in Excise Duty Refund Case Under Central Excise Act, 1944. Refund Denied as Value of Returned Goods Determined as Scrap Was Less Than Duty Paid Under Section 173L(v), with No Error Found in Valuation or Procedural Fairness.

The dispute arose from a claim for refund of excise duty by an assessee manufacturer of plastic moulded furniture, who had issued credit notes for rej...

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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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Supreme Court Allows Appeal Against High Court Order Returning Plaint for Want of Pecuniary Jurisdiction in Suit for Injunction and Damages. The Court Held That for Order VII Rule 11 CPC, Only Plaint Averments Are Relevant, Not Evidence.

The appellant, Bharat Bhushan Gupta, filed a suit for mandatory and prohibitory injunction and recovery of damages against the respondents, Pratap Nar...

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High Court of Bombay Dismisses BSNL's Appeal in Land Acquisition Case — Compensation of Rs. 790 per sq. mtr. and Rent Upheld. Non-agricultural land within municipal limits valued justly under Section 126 of MRTP Act, with rent for prior possession from 1992 to 2002.

The appeal was filed by the Acquiring Body, Bharat Sanchar Nigam Ltd. (BSNL), against the judgment and award of the Civil Judge Senior Division, Bhoom...