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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "financial lease"

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Supreme Court

Supreme Court Allows Appeals by State Bank of India in Jet Airways Insolvency Case — Holds Performance Bank Guarantee Cannot Be Adjusted Against Resolution Plan Payment and Non-Implementation Leads to Liquidation. The Court ruled that the SRA's failure to pay airport dues and employee dues constituted non-implementation of the Resolution Plan under Section 33(3) IBC, 2016, and the PBG cannot be set off against the first tranche payment.

13 Nov 2024

The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Jet Airways (India) Limited, initiated by State Bank of India (SBI) under S...

High Court

Bombay High Court Allows Writ Petition Challenging Cancellation of Plot Allotment and Forfeiture by CIDCO — Directs Issuance of Demand Letter for Second Installment with Late Payment Charges. The court held that the cancellation was arbitrary and violative of legitimate expectation, as CIDCO itself had sought relaxation of time limits under Regulation 15 of the New Bombay Disposal Land Regulations, 1975, which was approved by the State Government.

10 Sep 2024

The petitioner, M/s. Trishul Construction Co., was allotted three plots by CIDCO (respondent No.1) in 2007. The payment schedule required a first inst...

High Court

Bombay High Court Allows Appeal Against Section 9 Order in Arbitration Dispute Over Appointment of Court Receiver. Court holds that appointment of a Court Receiver to take possession of secured assets without considering the balance of convenience and irreparable loss is not warranted under Section 9 of the Arbitration and Conciliation Act, 1996.

26 Sep 2023

The present appeal impugned an order dated 31st August 2023 passed by the Learned Single Judge in a Commercial Arbitration Petition filed by Responden...

High Court

Bombay High Court Reserves Judgment on Writ Petition Challenging Municipal Council Land Allotment. Petitioner Seeks Quashing of Resolutions and Government Approval for Allotment of Land Reserved for Public Purposes Allegedly in Violation of Section 92 of Maharashtra Municipal Councils Act, 1965.

4 Oct 2022

The writ petition, originally filed as a Public Interest Litigation, challenged the decisions of Baramati Municipal Council and the State of Maharasht...

Supreme Court

Supreme Court Allows Appeal in Insolvency Case Due to Bar of Limitation — Claim Under Section 7 IBC Held Time-Barred as Debt Arose Before 2006 and Application Filed in 2018. The court held that the Limitation Act applies to IBC proceedings and the application was filed beyond three years from the date of default.

2 Sep 2019

The Supreme Court allowed the appeal filed by M/s Radha Exports (India) Pvt. Limited against the judgment of the National Company Law Appellate Tribun...

Supreme Court

Supreme Court Dismisses Trust's Appeal Challenging Cancellation of Plot Allotment — Upholds High Court's Decision Based on Subsequent Developments and Consent Terms. The Court declined to interfere as the plot had been validly allotted to another trust under a settlement approved by the High Court.

9 Apr 2019

The appellant, JVPD Scheme Welfare Trust, a public charitable trust registered under the Bombay Public Trust Act, applied for allotment of a plot in M...

High Court

Bombay High Court Directs Conditionally Leaves to Defend for Guarantors in Summary Suit, Rejecting DRT Jurisdiction and IBC Moratorium Claims. A Non-Banking Financial Institution's Summary Suit Against Guarantors is Maintainable Under Order XXXVII CPC, and Section 14 IBC Moratorium Does Not Bar Proceedings Against Guarantors.

28 Nov 2017

The plaintiff, a non-banking financial institution, filed a summary suit under Order XXXVII of the Code of Civil Procedure, 1908 against two guarantor...

High Court

Bombay High Court Sets Aside Arbitral Award in Lease Finance Dispute Due to Limitation Bar. Claim for Enhanced Rent Based on Depreciation Disallowance Held Time-Barred Under Article 137 of Limitation Act, 1963.

9 Oct 2012

The petitioner, Aditya Birla Chemicals (India) Ltd., challenged an arbitral award dated 9th August, 2011 under Section 34 of the Arbitration and Conci...

High Court

Bombay High Court Allows Assessee's Reference on Depreciation Rates but Upholds Revenue's Disallowances on Travel Expenses, Medical Reimbursement, Motor Car Perquisite, and Rent as Capital Expenditure. The Court held that depreciation under Section 32 must be allowed at rates as amended from 2.4.1983, while affirming that employee travel expenses after destination are disallowable under Section 39 read with Rule 60, medical reimbursement is part of salary under Section 40(c), actual expenditure on motor cars for directors is to be considered, and rent of Rs.16,91,250/- is capital expenditure.

18 Sep 2012

This is a reference under Section 256(1) of the Income Tax Act, 1961, arising from the order of the Income Tax Appellate Tribunal in ITA No.5873/Bom/8...

High Court

Bombay High Court Considers Batch of Writ Petitions Concerning Occupation of Godowns at Sassoon Dock. The Cases Involve Disputes Between Port Authority, State Fisheries Corporation, and Multiple Private Occupants.

1 Jan 1970

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