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Bombay High Court Quashes VAT Assessment Order for FY 2013-14 Against Luxembourg-Based Companies Due to Gross Violation of Natural Justice and Backdating of Order. Assessment order found to be pre-dated and based on no notice or hearing, rendering it null and void.

The petitioners, comprising two Luxembourg-based companies (Petitioners 1 and 2) and their Indian group company (Petitioner 3), challenged an assessme...

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Supreme Court Upholds Arbitral Awards. Limited Scope for Challenge Under Arbitration Act

Arbitration and Conciliation Act, 1996 - Construction of Contract Terms - Applicability of Sections 34 and 37 - Scope of Interference in Arbitral Awar...

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High Court of Karnataka Dismisses Appeals by Cement Company Seeking Enhanced Compensation for Land Acquisition — Market Value Determined Based on Comparable Sales and Potential Use

The appellant, M/s Bagalkot Cement & Industries Ltd., a company incorporated under the Companies Act, 1956, owned land in Bagalkot that was acquired b...

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Supreme Court Allows State Appeal in U.P. Excise Act Interest Dispute, Holding Licensee Liable for Interest Despite Interim Stay. Interest on Arrears of Excise Revenue is Payable Under Section 38A of U.P. Excise Act, 1910, as Interim Stay Only Suspended Recovery Without Nullifying Statutory Obligation.

The dispute arose from the respondent's license for retail sale of country liquor in Uttar Pradesh for the year 2002-03. The respondent applied for su...

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Supreme Court Allows JSPL to Transport Iron Ore from SMPL's Lease Area Despite Expired Environmental Clearance. Mining Operations Definition Under Section 3(d) of MMDRA Does Not Include Transportation of Already Mined Minerals, Affirming High Court's Writ of Mandamus.

The Supreme Court dismissed the appeal filed by the State of Odisha against the Orissa High Court's order directing the State to grant transport permi...

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Bombay High Court Holds Arbitral Tribunal Cannot Appoint Court Receiver Under Section 17 of Arbitration Act. Court Receiver is an Officer of the High Court Subject Only to Chief Justice's Supervision.

The Court Receiver, High Court, Bombay filed a Report seeking directions on whether the Registry should accept matters where an Arbitral Tribunal appo...