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Madras High Court Allows Appeals of Shareholders in Capital Receipt Case — One Million Euros Received from Vedior NV Held Exempt as Capital Receipt. Compensation for Loss of Right of First Refusal and Non-Compete Agreement Treated as Capital Receipt Not Chargeable to Tax Under Income Tax Act, 1961.

The case involves two appeals by shareholders (K. Pandiarajan and R. Hemalatha) against the order of the Income Tax Appellate Tribunal (ITAT) which up...

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Madras High Court Grants Interim Injunction Against Defamatory Social Media Posts in Personality Rights Case. Court restrains respondent from publishing false or malicious content about applicant's character and professional reputation pending trial.

The applicant, T. Rangaraj, filed a suit and interim applications before the Madras High Court seeking a permanent injunction and interim relief again...

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Madras High Court Grants Interim Injunction Against Defamatory Social Media Posts in Personality Rights Case. Court restrains respondent from publishing defamatory content about applicant's character and professional reputation pending trial.

The applicant, T. Rangaraj, filed a suit seeking permanent injunction and other reliefs against the respondent, Ms. Joy Crizildaa, and John Doe/s, all...

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Bombay High Court Allows Appeal Against Acquittal in Cheque Dishonour Case — Presumption Under Section 139 NI Act Not Rebutted by Accused. The court held that once the cheque and signature are admitted, the presumption of a legally enforceable debt arises, and the accused must rebut it with evidence.

The appellant, Vandana Pandey, filed a complaint under Section 138 of the Negotiable Instruments Act, 1881 against the respondent, Abhilasha Pande, al...

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High Court of Bombay at Nagpur Dismisses Appeal by Society in Cheque Dishonour Case for Failure to Prove Debt. Appellant Society Could Not Establish Outstanding Loan Amount After Auction of Pledged Goods, Resulting in Acquittal Under Section 138 of Negotiable Instruments Act, 1881.

The appellant, Buldana Urban Co-op. Credit Society Ltd., filed a criminal appeal against the acquittal of the respondent, Pyaru Saimulla Sheikh, for a...

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Bombay High Court Quashes FIR in Cheque Dishonour Case Due to Lack of Proper Service of Demand Notice. Service of valid demand notice is a prerequisite for offence under Section 138 of Negotiable Instruments Act, 1881.

The case involves two criminal applications filed by the applicants (original accused) seeking quashing of FIR No. 0033 of 2018 and connected proceedi...

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Bombay High Court Quashes FIR in Cheque Dishonour Case Due to Lack of Evidence of Debt and Limitation Bar. Complaint Filed Beyond One Month and Without Proper Service of Demand Notice Under Section 138 of Negotiable Instruments Act, 1881.

The judgment pertains to two criminal applications filed under Section 482 of the Code of Criminal Procedure, 1973, seeking quashing of FIR No. 0033 o...