Search Results for "interest component"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Issues Notice in Service Matter Challenging Deletion of Names ...
High Court of Karnataka Allows Appeals Against Ex Parte Interim Injunction in Pr...
High Court of Karnataka Allows Revision Petition in Private Complaint Case — T...
High Court of Karnataka Allows Revision Petition in Private Complaint Case — T...

Search Results for "interest component"

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High Court

High Court of Karnataka Dismisses Appeal Against Arbitral Award in Construction Dispute — Upholds Commercial Court's Refusal to Set Aside Award. The court held that the arbitral tribunal's findings on contractual interpretation and quantum of damages were within its jurisdiction and not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

18 Jun 2026

The National Centre for Biological Sciences (NCBS) filed a commercial appeal under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996, cha...

High Court

Bombay High Court Partly Allows MSRTC Appeal and Claimants' Cross-Objection in Motor Accident Claim — Future Prospects Applied to Deemed Income of Student Victim. Court holds that future prospects are applicable to notional income of a student pursuing professional course, and sets aside deduction for personal expenses of the deceased.

29 Oct 2025

The case arises from a motor accident claim petition filed by the parents and sister of a deceased student, Shivram Govind Wagh, who died in a road ac...

High Court

Bombay High Court Partially Allows MSRTC Appeal and Claimants' Cross-Objection in Motor Accident Claim — Future Prospects Not Applicable to Deemed Income of Student. Notional Income of Deceased Student Determined at Rs. 10,000 Per Month with 40% Deduction for Personal Expenses.

29 Oct 2025

The case arises from a motor accident claim petition filed by the parents and sister of a 20-year-old male student who died in a road accident. The de...

Supreme Court

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.

3 Jan 2023

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...

Supreme Court

Supreme Court Allows Appeals by Captive Power Producers in Hydel Policy Dispute Over Water Royalty Charges. The court held that the agreements incorporating the government policy did not impose water royalty liability on captive power producers, distinguishing them from independent power producers under the policy framework.

6 Sep 2021

The dispute arose from appeals filed by M/s. Indsil Hydro Power and Manganese Limited (INDSIL) and Carborundum Universal Limited (CUMI) against a comm...

High Court

High Court of Karnataka Quashes Execution Court Order in Land Acquisition Reference — Directs Deposit of Enhanced Compensation as Per Original Award. Execution Court Exceeded Jurisdiction by Recomputing Compensation Contrary to Final Judgment Under Section 18 of Land Acquisition Act, 1894.

9 Apr 2021

The petitioners, claimants in a land acquisition reference under Section 18 of the Land Acquisition Act, 1894, obtained a judgment and award dated 07....

High Court

Bombay High Court Dismisses State's Appeal in Land Acquisition Compensation Case, Upholds Enhanced Compensation as Per Precedent. Market value of acquired land fixed at Rs.82,500/- per hectare with additional benefits under Sections 23(1A) and 28 of the Land Acquisition Act, 1894.

23 Nov 2017

The State of Maharashtra, through the Collector and other officers, filed an appeal under the Land Acquisition Act, 1894 challenging the judgment of t...

High Court

Bombay High Court Dismisses State's Appeal in Land Acquisition Compensation Case — Confirms Enhanced Compensation for Land and Trees. Reference Court's valuation of Rs.82,500 per hectare upheld as consistent with earlier judgment in connected appeal covering same notification and project.

23 Nov 2017

The State of Maharashtra, through the Collector and other officers, filed an appeal under the Land Acquisition Act challenging the judgment of the Ref...

High Court

Bombay High Court Partially Sets Aside Arbitral Award in Railway Contract Dispute — Upholds Claims 1 and 4, Sets Aside Claims 5, 7, and 13 for Lack of Evidence and Non-Application of Mind. The court held that the arbitral tribunal failed to apply its mind to contractual provisions and evidence, rendering the award patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

6 May 2015

The Union of India (petitioner) filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging a majority arbitral award...

High Court

Bombay High Court Partially Allows Challenge to Arbitral Award in Price Adjustment Dispute Under World Bank-Financed Contract. Court Upholds Majority Award's Interpretation of Price Adjustment Clause but Modifies Interest Rate from 18% to 12%.

1 Oct 2012

The petitioner, M/s. Angerlehner Structurals & Civil Engineering Co., was awarded a contract by the Municipal Corporation of Greater Mumbai (MMC) for ...

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