Search Results for "Buyer's Agreement"

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Bombay High Court Issues Notice in Service Matter Challenging Deletion of Names ...
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Search Results for "Buyer's Agreement"

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Supreme Court

Supreme Court Allows Union of India's Appeals in Service Tax on Lottery Tickets Case — Holds That Service Tax on Promotion, Marketing, and Sale of Lottery Tickets Is Within Parliament's Competence Under Entry 97 List I Read With Article 248 of the Constitution, and Not Exclusively Within State's Domain Under Entry 62 List II. The Court upheld the constitutional validity of amendments to the Finance Act, 1994 levying service tax on services related to lotteries, reversing the Sikkim High Court's decision.

3 Mar 2025

The Supreme Court, in a batch of appeals led by Union of India v. Future Gaming Solutions Pvt. Ltd., considered the constitutional validity of amendme...

Supreme Court

Supreme Court dismisses SSPL’s appeal, upholds High Court’s decision setting aside arbitral award. The Supreme Court reinforces the statutory provisions of the Interest on Delayed Payments Act, 1993, emphasizing the applicability of the 120-day limit for payments and the role of the amended proviso in contractual obligations.

5 Mar 2024

Leave Granted:The Court granted leave to appeal in this case involving Snehadeep Structures Pvt. Ltd. (SSPL) and Maharashtra Small Scale Indus...

Supreme Court

Supreme Court Allows Buyer's Appeal in Specific Performance Suit, Reversing High Court's Decision on Readiness and Willingness. The Court held that the buyer's evidence, including plaint averments, deposition, and deposit of balance consideration, sufficiently established readiness and willingness under Section 16(c) of the Specific Relief Act, 1963, and the High Court erred in interfering with the Trial Court's findings.

5 Jan 2023

The dispute arose from an agreement to sell dated 13.03.2007, where the seller agreed to sell land to the buyer for Rs. 12,74,000, with Rs. 3 lakhs pa...

Supreme Court

Supreme Court Allows Bank's Appeal in SARFAESI Act Auction Forfeiture Case — Earnest Money Deposit Forfeiture Upheld as Compensation for Breach of Contract. The Court held that forfeiture of earnest money deposit by a secured creditor under the SARFAESI Act is not subject to proof of actual loss and is governed by the terms of the auction contract, not Sections 73 and 74 of the Indian Contract Act, 1872.

10 Aug 2022

The case involves two appeals by a nationalized bank (appellant) against a common judgment of the Madras High Court, which had allowed the writ petiti...

Supreme Court

Supreme Court Allows Appeals of Flat Buyers Against Developer for Delayed Possession, Holds Unilateral Compensation Clause Unfair. Developer's stipulation of Rs 5 per sq ft per month as liquidated damages for delay held inadequate and unconscionable; flat buyers entitled to compensation at 6% per annum on amounts paid.

24 Aug 2020

The case involves appeals by 171 flat buyers against the dismissal of their consumer complaint by the National Consumer Disputes Redressal Commission ...

Supreme Court

Supreme Court Partially Allows Housing Board's Appeal in Consumer Dispute — Liability for Mental Harassment and Litigation Costs Apportioned 70:30 Between Developer and Housing Board; Interest Rate Reduced to 9% p.a. The Court held that Clause 9(c) of the Tripartite Agreement does not cover mental harassment or litigation costs, and the interest rate should remain at 9% p.a. as per the agreement and earlier orders.

17 Dec 2019

The appeal arises from a consumer complaint filed by Respondent No. 2 (a flat buyer) against M/s. Parasvanath Developers Pvt. Ltd. (Developer) and Cha...

High Court

Bombay High Court Dismisses Appeals by Electricity Board Against MSEFC Awards Due to Limitation — Limitation Period Under Section 34 of Arbitration Act Applies to MSMED Act Awards. Delay of 120 days cannot be condoned as per Section 34(3) proviso, and no sufficient cause was shown for the delay in filing the applications to set aside the awards.

27 Aug 2018

The case involves nine commercial appeals filed by various micro and small enterprises (appellants) against the Maharashtra State Electricity Distribu...

High Court

Bombay High Court Dismisses Suit for Specific Performance with Exemplary Costs for Suppression of Facts and Forum Shopping. Plaintiffs failed to disclose prior pending suit and obtained ex parte orders by misrepresentation, leading to dismissal and costs of Rs. 5 lakhs.

5 Mar 2018

The plaintiffs, Anand Agarwal and Pramila Anand Agarwal, filed a Commercial Suit No. 614 of 2017 before the Bombay High Court seeking specific perform...

High Court

Bombay High Court Dismisses Plaintiff's Claim for Short Delivery of Urea Due to Lack of Title to Sue Under Bill of Lading. Plaintiff Not a Party to Bill of Lading and Cannot Maintain Admiralty Action for Short Landing.

18 Mar 2014

The plaintiff, Dreymoor Fertilizers Overseas Pte. Ltd., filed an admiralty suit against the vessel m.v. Theoforos-1 claiming short delivery of 520.30 ...

High Court

Bombay High Court Quashes Circulars Including Dealer's PDI and Free After-Sales Service Costs in Assessable Value of Vehicles — Circulars Held Ultra Vires Section 4 of Central Excise Act, 1944.

7 Sep 2012

The petitioner, M/s. Tata Motors Ltd., a manufacturer of vehicles, challenged clause 7 of Circular No. 643/34/2002CX dated 1st July, 2002 and Circular...

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