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Bombay High Court Dismisses Section 34 Challenge to Arbitral Award in Partnership Dispute — Upholds Award of Rs. 7.39 Crore with Interest. Limitation plea rejected as claim was within time; quantification not perverse.

The judgment concerns a Commercial Arbitration Petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award ...

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Bombay High Court Allows Civil Revision Application in Partnership Dispute - Arbitration Clause Survives Dissolution. Dispute regarding dissolution of partnership and rendition of accounts is arbitrable under Section 8 of the Arbitration and Conciliation Act, 1996.

The case involves a civil revision application filed by the defendant (applicant) challenging an order of the City Civil Court, Greater Bombay, which ...

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Bombay High Court Allows Assessee's Claim for Capital Gains Treatment in Partnership Dissolution Case. Gains from Sale of Land Held as Co-owned Personal Asset Not Business Income Under Income Tax Act, 1961.

The case involved an income tax reference under Section 256 of the Income Tax Act, 1961, for the assessment year 1988-89. The assessee, an individual ...

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Bombay High Court Dismisses Employer's Petition and Allows Workmen's Petition in Gratuity and Bonus Dispute. Employer's Liability Under Payment of Gratuity Act, 1972 and Industrial Disputes Act, 1947 Continues Despite Partnership Dissolution and Court Receivership.

The judgment involves two connected writ petitions arising from the same factual matrix concerning a partnership firm, Daulatram Dyeing and Bleaching ...

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Bombay High Court Dismisses Appeals by Landowners Challenging Appointment of Arbitrator in Development Dispute. Disputes under Development Agreements Held Arbitrable Due to Existence of Arbitration Clause Under Section 11 of Arbitration and Conciliation Act, 1996.

The judgment pertains to two arbitration appeals (Arbitration Appeal No. 102 of 2024 and Arbitration Appeal No. 101 of 2024) along with interim applic...