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Bombay High Court Sets Aside Arbitral Award in Stock Broker Dispute for Lack of Reasons and Non-Consideration of Margin Requirements. Award under Section 34 of Arbitration and Conciliation Act, 1996 set aside as Arbitrator failed to consider deposit and margin obligations of client.

The Petitioner, Anand Rathi Share and Stock Brokers Ltd., a share and stock broker and member of NSE, challenged an arbitral award dated 15 October 20...

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Supreme Court Allows Appeal and Enhances Compensation for 100% Disabled Accident Victim in Motor Accident Claim Case. Quadriplegia Victim Awarded Enhanced Compensation Including Future Prospects, Attendant Charges, and Special Diet.

The appellant, a 21-year-old student aspiring to become a veterinary doctor, suffered quadriplegia and 100% permanent disability in a motor accident o...

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Bombay High Court Adjudicates Writ Petition Against IGST Demand of Rs.1524 Crores on Arbitration Award Damages. Issue Pertains to Whether Damages Paid Under Deemed Decree Constitute Consideration for Taxable Service Under IGST Act, 2017.

The dispute centers on a writ petition filed by Tata Sons Private Limited (Tata) under Article 226 of the Constitution of India, challenging an intima...

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Bombay High Court Dismisses Second Appeal in Specific Performance Suit — Concurrent Findings of Readiness and Willingness Upheld. Agreement to Sell for Rs. 1,10,000 with Rs. 1,000 Earnest Money; Plaintiff Proved Continuous Readiness and Willingness to Perform.

The case involves a suit for specific performance of an agreement to sell agricultural land. The plaintiffs (respondents) entered into an agreement wi...

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Karnataka High Court Hears Regular First Appeal Against Dismissal of Suit for Declaration and Partition — Judgment Details Not Fully Extracted. The appeal challenges trial court's rejection of plaintiffs' claim of ownership and alternative partition.

Background: The dispute involved family members over properties standing in the name of the first defendant, Smt. N. Narasamma, who is the mother of t...

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensation Case, Reducing Enhanced Compensation from ₹1252 to ₹500 per sq. metre. Post-Notification Sale Deed Held Not Comparable Without Proper Deduction for Acquisition Impact Under Section 23 of Land Acquisition Act, 1894.

The case involves two First Appeals filed by the Managing Director of Goa State Infrastructure Development Corporation Limited against separate Judgme...