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Bombay High Court Hears Petition to Set Aside Arbitral Award in Redevelopment Dispute; Developer Challenges Directions to Amend Building Plans and Pay Compensation. Court's Decision Awaited.

The dispute pertained to redevelopment of a cooperative housing society's property. The respondent society, owner of a plot in Andheri, Mumbai, appoin...

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Bombay High Court Allows Trust to Sell Land for Temple Development Under Section 36(1)(a) of Maharashtra Public Trusts Act, 1958. Joint Charity Commissioner's Rejection Set Aside for Non-Application of Mind.

The Petitioner, a registered charitable trust under the Maharashtra Public Trusts Act, 1958, sought permission under Section 36(1)(a) of the Act to se...

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High Court of Bombay at Goa Dismisses State Appeal in Land Acquisition Compensation Case; Upholds Enhanced Compensation Based on Comparable Sale Instances and Rejects State's Contentions on Agricultural Land and Tenant Status.

The High Court of Bombay at Goa heard a first appeal filed by the State against the judgment and award of the Reference Court enhancing land acquisiti...

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Presidential Reference Made to Supreme Court Seeks Advisory Opinion on Telecom Licences and Spectrum Allocation Policies. Reference Under Article 143(1) Recites Historical Grant of Licences from 1994 to 2008 Including First-Come-First-Served and Revenue Share Regimes.

Background: The President of India made a reference under Article 143(1) of the Constitution on 12.04.2012, seeking the advisory opinion of the Suprem...

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High Court of Karnataka Passed Judgment in Appeals Filed Under Section 54(1) of Land Acquisition Act, 1894. The Court Considered Challenges by State and Landowners Against Reference Court's Compensation Determination for Lands Acquired for Minor Irrigation Tank.

The case involves multiple appeals and cross-objections filed under Section 54(1) of the Land Acquisition Act, 1894, and Order 41 Rule 22 of the Code ...

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Bombay High Court Allows Appeals, Remands Case for Fresh Assessment, Clarifies Taxability of Unauthorised Structures and Reassessment of Land. Unauthorised Structures Held Liable to Property Tax Under Mumbai Municipal Corporation Act, 1888, While Land Already Assessed Cannot Be Reassessed.

The four first appeals before the Bombay High Court arose out of orders passed by the Small Causes Court in municipal appeals concerning the fixation ...

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Bombay High Court Dismisses Landlord's Petition Challenging Reduction of Standard Rent in Cinema Premises Lease. Standard Rent Fixed at Rs. 1,000 per Month Based on Valuation Evidence Under Bombay Rent Act, 1947.

The case involves a dispute between a landlord (Petitioner) and a tenant (Respondent) over the fixation of standard rent for a cinema premises in Chem...

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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...