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Bombay High Court Grants Interim Injunction in Shareholder Dispute — Restrains EGM and Share Transfers. Serious questions arise regarding validity of share transfers and removal of directors under Companies Act, 2013, warranting preservation of status quo.

The present interim application arises out of a commercial suit filed by Desai Hospitals Ventures LLP and another (plaintiffs) against DHI Global Hold...

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Bombay High Court Quashes Reassessment Notices Under Section 148 of Income-Tax Act, 1961 for Lack of Reasonable Belief of Income Escaping Assessment. Notices Issued Beyond Four Years Without Fresh Material Held Invalid.

The petitioner, Sea Sagar Construction Co., a partnership firm, filed three writ petitions challenging notices dated 19 January 2012 issued under Sect...

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Supreme Court Allows Revenue's Appeal in Income Tax Case — Amalgamated Company Must File Return for Pre-Amalgamation Period. Section 153A Notice Validly Issued to Transferor Company Despite Amalgamation, and Failure to File Return Attracts Penalty Under Section 276CC.

The Supreme Court allowed the appeal filed by the Principal Commissioner of Income Tax (Central) against the order of the Delhi High Court, which had ...

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Bombay High Court Dismisses Petition of Chief Manager Challenging Disciplinary Action for Accepting Forged Bank Guarantee. Reduction in Pay Scale Upheld as Not Disproportionate to Misconduct of Violating CMC Manual Guidelines.

The petitioner, Rajendraprasad Shukla, was working as Chief Manager (Finance) at Western Coalfields Limited (WCL), a subsidiary of Coal India Limited....

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Bombay High Court Allows Re-fixation of Pay for Retired District Judge from Date of Promotion with Interest. Petitioner entitled to pay re-fixation from promotion date and junior's promotion dates with 6% interest on delayed arrears.

The petitioner, a retired District and Sessions Judge, filed a writ petition under Article 226 of the Constitution of India seeking re-fixation of his...

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Bombay High Court Allows Re-fixation of Pay for Retired District Judge from Date of Promotion with Interest. Petitioner, a retired District and Sessions Judge, entitled to re-fixation of basic pay from promotion date and interest on delayed payment under Article 226.

The petitioner, a retired District and Sessions Judge, filed a writ petition under Article 226 of the Constitution of India seeking re-fixation of his...