Search Results for "Comparable sales"

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Bombay High Court Dismisses Challenge to Arbitral Award in Railway Bio-Diesel Supply Dispute — Fall Clause Interpretation Upheld. Court finds that comparing prices for different delivery distances without adjusting for freight is impermissible, and the arbitral tribunal's view is plausible.

The case involves a challenge by the Union of India (Central Railway) under Section 34 of the Arbitration and Conciliation Act, 1996, against an arbit...

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High Court of Karnataka Enhances Compensation for Land Acquisition for Minor Irrigation Tank — Market Value Determined at Rs. 1,50,000 per Acre with 30% Solatium and 12% Additional Market Value. Comparable Sales Method Applied Under Section 23 of Land Acquisition Act, 1894 to Fix Enhanced Compensation.

The appellants, whose land was acquired for construction of a minor irrigation tank, challenged the judgment and award of the Reference Court dated 18...

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High Court of Bombay at Goa Allows Appeal in Land Acquisition Compensation Case — Capitalization Method Must Be Adopted When Comparable Sale Instances Are Unavailable. Settlement Report Under Land Revenue Code Can Be Used to Determine Market Value of Agricultural Land.

The case involves an appeal by the landowners, Mr. Avelino Rodrigues and Mrs. Carolina Ana Rodrigues, against the judgment and award dated 04.01.2014 ...

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Bombay High Court Allows Petitions Challenging Levy of Entry Tax on Natural Gas Under Maharashtra Entry Tax Act, 2002 — Holds That Natural Gas Is Not 'Goods' for Entry Tax Purposes When Supplied Through Pipelines

The judgment concerns four writ petitions filed by companies (Deepak Fertilisers and Petrochemicals Corporation Ltd., Smartchem Technologies Ltd., Emp...

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Bombay High Court at Goa Partly Allows Appeals in Land Acquisition Compensation Case — Enhances Compensation to Rs. 300 per sq m for Acquired Land. Court Relies on Comparable Sale Instances and Potential Value of Land Under Section 23 of Land Acquisition Act, 1894.

The judgment pertains to two first appeals arising from a common judgment and award dated 20.12.2014 passed by the learned District Judge-1, North Goa...

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Bombay High Court Upholds Tribunal's Decision That Ice Cream Is Not 'Sweet and Sweetmeats' Under Bombay Sales Tax Act, 1959. Ice cream is a distinct commodity not covered by Notification Entry 374 for reduced tax rate under Schedule Entry C-II-35(1).

The case concerns M/s. Vadilal Dairy International Ltd., a registered dealer and manufacturer of ice cream under the Bombay Sales Tax Act, 1959. The G...

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High Court of Bombay at Goa Dismisses Appeal in Land Acquisition Case — No Enhancement of Compensation for Acquired Land. Appellants failed to prove entitlement to enhanced market value of Rs.2500 per sq. metre under Section 18 of the Land Acquisition Act, 1894.

The appellants, owners of land acquired for road construction in Margao, Goa, challenged the compensation awarded by the Land Acquisition Officer at R...

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Bombay High Court Grants Temporary Injunction in Trademark Infringement Case — 'EVANOVA' vs 'ECONOVA' for Pharmaceutical Products. Marks Held Deceptively Similar Under Section 29 of Trade Marks Act, 1999.

The Plaintiff, Charak Pharma Pvt. Ltd., filed a suit against Glenmark Pharmaceuticals Ltd. seeking a perpetual injunction restraining the Defendant fr...

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Bombay High Court Enhances Compensation in Land Acquisition Reference for Jogeshwari-Vikhroli Link Road. Market Value Fixed at Rs. 100 per sq.mt Based on Expert Valuation and Comparable Sales Under Section 18 of the Land Acquisition Act, 1894.

The Special Land Acquisition Officer (SLAO) filed a reference under Section 18 of the Land Acquisition Act, 1894, seeking the court's determination on...