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Bombay High Court Allows Refund of Stamp Duty Paid on Agreement for Sale That Did Not Materialize Due to Market Downturn. Petitioner entitled to refund under Sections 47 and 48 of Maharashtra Stamp Act, 1958 as instrument was not followed by conveyance and no fraud or misrepresentation was involved.

The Petitioner, M/s Shweta Infrastructure and Housing (I) Pvt. Ltd., entered into an agreement for sale on 29 September 2014 with the Khatib family fo...

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Supreme Court Dismisses Bank's Appeal in SARFAESI Auction Dispute — Auction Purchaser Not in Default. Delay in Payment Attributable to Bank's Own Actions and External Factors, Not Purchaser's Fault Under Rule 9(4) of Security Interest (Enforcement) Rules, 2002.

The appellant, IDBI Bank, conducted an e-auction on 10.04.2018 for a property comprising 2 guntas of land in Telangana. The respondents were the highe...

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Supreme Court Upholds Revenue in Income Tax Act Case Involving Cancellation of Trust Registration. Cancellation Under Section 12AA(3) Justified Due to Admission of Bogus Donations and Non-Genuine Activities by the Trust, Violating Its Objects and Misusing Tax Provisions.

The dispute involved the Commissioner of Income Tax (Exemptions) appealing against a High Court judgment that set aside the cancellation of registrati...

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High Court of Bombay at Goa Considers Whether Ecclesiastical Annulment Retains Civil Effects After Article 19 of Decree Law 35461 Struck Down. Petitioner Seeks Mandamus to Cancel Marriage Entry Following Canonical Nullity Decree.

The Petitioner, a 33-year-old woman, filed a writ petition before the High Court of Bombay at Goa seeking mandamus to direct the Civil Registrar to ca...

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Bombay High Court Quashes CIDCO's Tender Cancellation as Arbitrary and Unreasonable. Petitioner's Highest Bid Accepted After 21 Months, Cancellation Without Justification Violates Article 14.

The petitioner, Bhagwati Akshar Empire LLP, participated in an e-auction conducted by the City and Industrial Development Corporation of Maharashtra L...

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Bombay High Court Directs Deposit of Balance Bid Amount in Auction Sale of Company in Liquidation. Official Liquidator's Report for Confirmation of Sale of Properties of M/s. Akola Oil Industries Ltd. - Bidders Required to Deposit Balance Amount Within 15 Days.

The Official Liquidator appointed over M/s. Akola Oil Industries Ltd. (in liquidation) filed reports seeking confirmation of auction sales held on 9-1...

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High Court of Karnataka Allows Canara Bank's Appeal Against Refund Order in SARFAESI Auction Dispute — Bank Not Obliged to Refund 25% Deposit When Auction Purchaser Defaults on Balance Payment.

The appellant, Canara Bank, conducted an e-auction on 29 November 2021 of a property under the Securitisation and Reconstruction of Financial Assets a...

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Bombay High Court Dismisses Appeal Against Cancellation of FL-III Liquor License for Breach of Rules. Licensee failed to appear at hearing despite show cause notice, leading to confirmation of cancellation by Single Judge and Division Bench.

The appellant, Ramkishor S/o Nathulal Jaiswal, was the proprietor of M/s. J. B. Restaurant holding an FL-III license under the Bombay Foreign Liquor R...

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Bombay High Court Grants Rule and Interim Relief to Student Whose Admission to MPH Course at TISS Was Cancelled. The Court Observed That Once Admission Is Confirmed and Student Attends Classes, Cancellation Requires Due Process and Compliance With Admission Rules.

The case involved a writ petition under Article 226 of the Constitution of India filed by a student, Isha Sharma, against the Tata Institute of Social...