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Supreme Court Allows Assessees in Interest Tax Act Case on Hire-Purchase Instalments. Hire-purchase agreements are distinct from loans, and interest component in instalments is not taxable under Section 2(7) of the Interest-Tax Act, 1974, as it does not constitute interest on loans and advances.

The dispute involved a batch of civil appeals concerning the tax liability of non-banking finance and leasing companies under the Interest-Tax Act, 19...

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Supreme Court Quashes Division Bench Order in Trade Mark Infringement Suit Due to Non-maintainable Intra-court Appeal. The Single Judge's Order Granting Time to File Affidavit-in-Opposition Was Not a 'Judgment' Under Clause 15 of Letters Patent, Making the Appeal Inadmissible.

The dispute arose from a civil suit filed by the respondent-plaintiff against the appellant-defendants for infringement of the registered trade mark '...

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Supreme Court Directs SIT to Expedite Investigation into Fake Motor Vehicle and Workmen Compensation Claims in Uttar Pradesh. The Court monitored the investigation into 1376 suspicious claims and directed the Bar Council to conclude disciplinary proceedings against errant advocates.

The Supreme Court was dealing with the issue of filing fake claim petitions for compensation under the Motor Vehicles Act and the Workmen Compensation...

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Supreme Court Acquits Accused in Kerala Abkari Act Case Due to Insufficient Evidence and Procedural Lapses. Conviction under Section 55(a) for illegal transport of spirit set aside as prosecution failed to prove ownership of truck and reliable identification of accused beyond reasonable doubt.

The Supreme Court of India heard criminal appeals arising from convictions under Section 55(a) of the Kerala Abkari Act for illegally transporting 609...

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Supreme Court Dismisses Appeals in Company Law Dispute Over Maintainability of Oppression and Mismanagement Petition. Nomination Under Section 72 of Companies Act, 2013 Vests Rights in Nominee, Excluding Legal Heirs from Claiming Shares for Petition Maintainability Under Sections 241 and 242.

The dispute arose from a family tussle following the death of Mr. Abhey Kumar Oswal, who held significant shares in Oswal Agro Mills Ltd. and Oswal Gr...

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Supreme Court Allows Appeal in Insurance Claim Dispute — Upholds Consumer Fora Orders for Compensation. Ownership of Vehicle Not Transferred Despite Sale Agreement; Insurer Liable to Pay Claim Amount with Interest.

The Supreme Court allowed the appeal filed by Surendra Kumar Bhilawe against The New India Assurance Company Limited, setting aside the National Commi...