Search Results for "Finance Act 1978"

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Supreme Court Allows Union of India's Appeals in Excise Duty Exemption Withdrawal Case — Doctrine of Promissory Estoppel Cannot Bar Withdrawal of Exemption in Public Interest. Public Interest Overrides Individual Interest When Withdrawal of Tax Exemption Is Based on Health Hazards.

The Supreme Court of India heard three civil appeals filed by the Union of India against judgments of the Sikkim High Court and the Gauhati High Court...

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Bombay High Court Dismisses Writ Petition of Retired Livestock Development Officers Seeking Equal Pay with Graduate Counterparts. Diploma-holder LDOs not entitled to higher pay scale granted to graduates under 1999 notification as distinction based on educational qualification is valid.

The petitioners, nine retired Livestock Development Officers (LDOs) holding diplomas, filed a writ petition seeking the same higher pay scale as gradu...

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Supreme Court Considers Scope of Section 45 of Arbitration and Conciliation Act in International Commercial Disputes. Multiple Issues Framed on Reference to Arbitration in Multi-Party Joint Venture Agreements.

The dispute arose from a series of joint venture and ancillary agreements executed between Indian company Chloro Controls (I) P. Ltd. and foreign coll...

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High Court at Bombay Considers Challenge to Revised Guidelines for Grant of Offshore Exploration Licence. Petitioner Argues Notification Violates Section 35 of Offshore Areas Mineral (Development and Regulation) Act, 2002 and Article 14.

The writ petition was filed by Rare(H) Minerals Private Limited, a company engaged in prospecting and exploration, challenging the Notification (Revis...

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Supreme Court Dismisses Corporate Debtor's Appeal Against NCLT Order Admitting Insolvency Application Under Insolvency and Bankruptcy Code, 2016. Maharashtra Act Moratorium Does Not Bar Insolvency Proceedings as Section 238 of the Code Overrides Inconsistent State Laws.

The appeal arose from the first application under the newly enacted Insolvency and Bankruptcy Code, 2016. The corporate debtor, a multi-product compan...

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High Court of Karnataka Examines Quashing of Cheque Dishonour Proceedings for Lack of Specific Averments Under Section 141 NI Act. Directors Contend Complaints Merely Name Them Without Alleging Active Role in Day-to-Day Affairs.

The case concerns multiple criminal petitions filed by Kavitha Chopra and Dhirendra Chopra, directors of OSIA Hyper Retail Limited, seeking to quash p...