Search Results for "Running Account Bills"

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Search Results for "Running Account Bills"

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High Court

High Court of Karnataka Delivers Judgment in Appeal Against Dismissal of Suit for Recovery of Money Alleging Bank's Unauthorized Issuance of Demand Drafts from Cheque Mandate. The Appeal Involves Issues of Bank's Liability for Acting Contrary to Instructions Under Sections of Customs Act, 1962 and CPC.

22 Dec 2020

The plaintiff, a registered company engaged in manufacturing television and monitor components, imported goods and stored them in a bonded warehouse. ...

High Court

Bombay High Court Allows Contractor's Suit for Recovery of Unpaid Amounts and Interest in Construction Contract Dispute. Holds that Delayed Payments Attract Interest Under Section 61 of the Indian Contract Act, 1872, and Excess Recovery from Mobilisation Advance Must Be Refunded.

28 Jun 2021

The plaintiff, M/s Ajay Deep Construction Pvt. Ltd., filed a suit against the Maharashtra State Police Housing & Welfare Corporation Ltd. for recovery...

Supreme Court

Supreme Court Allows Consumer Appeal in Electricity Billing Dispute, Interpreting Limitation Under Section 56 of Electricity Act, 2003. The court held that the two-year limitation period under Section 56(2) bars recovery of additional charges from the date the sum first became due, based on billing error, and remanded the case for fresh consideration.

5 Oct 2021

The dispute arose when the appellant, a cotton yarn manufacturer in Panipat, Haryana, received a short assessment notice from the electricity distribu...

High Court

High Court Dismisses Assessee's Appeal in Income Tax Case — Commission Payment Disallowance Upheld. The court held that the Tribunal's finding that commission agents had not rendered services was based on valid material and sustainable under Section 37(1) of the Income Tax Act, 1961.

31 Aug 2023

The appellant, The Indian Hume Pipe Co. Ltd., is a listed company engaged in manufacturing and sale of RCC pipes, steel pipes, etc. For the assessment...

High Court

Bombay High Court Partially Sets Aside Arbitral Award in Union of India v. Richa Constructions — Interest on Delayed Payment of Running Account Bills and Compensation for Loss of Profit on Unexecuted Work. The court upheld the award of simple interest at 12% per annum on delayed payment of running account bills but set aside the award of interest on interest, and reduced the compensation for loss of profit from 10% to 7.5%.

3 Jun 2019

The Union of India filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dated 29 March 2017,...

High Court

Madras High Court Allows Appeal in Recovery Suit Filed by Newspaper Publisher Against Advertising Agency for Unpaid Bills. Court Decrees Suit for Principal Amount with Interest at 6% Per Annum.

10 Apr 2026

The appellant, Kasturi and Sons Ltd., publisher of 'The Hindu' and other publications, filed a suit for recovery of Rs.10,03,322.50/- against the resp...

High Court

Bombay High Court Heard Appeal in Arbitration and Conciliation Act, 1996 on Joint Liability of Husband for Wife's Share Trading Debit Balance. The court examined whether separate client accounts under Regulation 247A of the Bombay Stock Exchange Bye-laws precluded the broker from claiming joint and several liability against the appellant for the debit balance of his wife's separate trading account absent a tripartite agreement.

29 Apr 2021

The dispute arose out of a share trading relationship between a stock broker and two of its constituents, who were husband and wife, each maintaining ...

High Court

Bombay High Court Full Bench adjudicates the limitation period for recovery of electricity charges under Section 56(2) of the Electricity Act, 2003. Conflicting Division Bench decisions on whether dues beyond two years can be recovered when not continuously shown as arrears are reconciled.

12 Mar 2019

The case originated from a writ petition challenging an order of the Electricity Ombudsman regarding recovery of electricity dues for a period beyond ...

High Court

Karnataka High Court Dismisses Winding Up Petition by Ex-Director Against Company for Disputed Interest Claim. Company Petition under Section 433(e) of Companies Act, 1956 dismissed as debt was bona fide disputed and no written agreement for interest existed.

22 Jul 2016

The petitioner, Mr J R Srinivasa, an ex-director of the respondent company Sree Gururaja Enterprises Pvt Ltd, filed a winding up petition under Sectio...

High Court

High Court of Karnataka Quashes BBMP Recovery Demand Against Swimming Centre for Lack of Authority. Demand for Rs. 1,93,73,184 for alleged excess water consumption set aside as BBMP lacked jurisdiction to levy such charges under the Karnataka Municipal Corporations Act, 1976.

10 Nov 2021

The petitioner, M/S. PM Swimming Centre, a partnership firm, filed a writ petition under Articles 226 and 227 of the Constitution of India before the ...

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