Search Results for "Hypothecation"

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Supreme Court Quashes Criminal Prosecution Under Sections 420 and 471 IPC Following Settlement of Loan Account Approved by Debts Recovery Tribunal — Criminal proceedings cannot continue after compromise of civil debt where no element of cheating from inception exists.

The case involves an appeal by Vijay Kumar Kela and his proprietary firm against an order of the Chhattisgarh High Court refusing to quash criminal pr...

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Challenge to Arbitral Award on Valuation Grounds: Court Considers Admission and Unconditional Stay. A petition under Section 34 of the Arbitration and Conciliation Act questions an award's reliance on an unproven valuation report, citing procedural lapses and natural justice violations.

The petition challenges an arbitral award dated November 23, 2023, under Section 34 of the Arbitration and Conciliation Act, 1996. The award directed ...

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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...

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Supreme Court Dismisses Appeals in Sales Tax Exemption Dispute Under Karnataka Industrial Policy. Industrial Policy 1996-2001 Does Not Cover Purchase Tax Under Karnataka Sales Tax Act, 1957.

The Supreme Court dismissed appeals by M/s High Range Coffee Curing Pvt. Ltd. against the State of Karnataka and others, challenging the High Court's ...

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Bombay High Court Sets Aside Arbitral Award in Favor of PepsiCo Due to Absence of Valid Arbitration Agreement. The Court Held That Without a Signed Contract Containing an Arbitration Clause, the Arbitrator Lacked Jurisdiction to Entertain the Claim.

The case involves a challenge by PepsiCo India Holding Pvt. Ltd. (Petitioner) against an arbitral award dated 7 January 2010 passed by a sole arbitrat...