Search Results for "replacement value"

103 result(s) found

Scroll Down To Discover

Found 103 result(s)

© Image Copyrights Juris Services & Technology

Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Union of India's Appeals in National Highways Act Land Acquisition Cases — Section 3J Not Violative of Article 14. The Court held that the non-grant of solatium and interest under the National Highways Act, 1956 is not discriminatory and the Act is a complete code.

The Supreme Court, in a batch of appeals filed by the Union of India, considered the validity of the non-grant of solatium and interest under the Nati...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Appeal by Post Office in Indira Vikas Patra Loss Case — Rules No Deficiency in Service Under Consumer Protection Act, 1986. Lost Bearer Instrument Cannot Be Replaced Under Rule 7(2) of Indira Vikas Patra Rules, 1986.

The case involves appeals by the Superintendent of Post Office, Bolangir Division, Odisha, against orders of the National Consumer Disputes Redressal ...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petition to Restrain Invocation of Bank Guarantee in Airport Development Contract Dispute. Court holds that bank guarantee is an independent contract and can be invoked only in case of breach, but no prima facie case of fraud or irretrievable injustice established.

The petitioner, Housing Development and Infrastructure Limited (HDIL), filed an arbitration petition under Section 9 of the Arbitration and Conciliati...

© Image Copyrights Juris Services & Technology

Bombay High Court Grants Interim Injunction Restraining Invocation of Bank Guarantee in Supply Contract Dispute. Prima Facie Fraud and Irreparable Injury Established by Plaintiff Supplier Against Beneficiary.

The plaintiff, M/s. Arad Metering Technologies Ltd., filed a suit seeking a restraint order against Defendant No.1, Axelia Utility Management Pvt. Ltd...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Release of Seized Vehicle in Sand Transportation Case - Orders Release on Payment of Royalty and Penalty. Seizure under Section 48(8) of Maharashtra Land Revenue Code, 1966 invalid without prior adjudication of unauthorised extraction under Section 48(7).

The petitioner, Neha Agre, filed a criminal writ petition seeking release of her vehicle (MH20AK7558) which was seized while carrying sand one brass i...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Department's Appeal in Part, Upholds Revenue Treatment of Transformer Repairs. Expenditure on repairs of damaged transformer held to be current repairs under Section 31 of Income Tax Act, 1961, not capital expenditure.

The case involves three Income Tax Appeals filed by the Commissioner of Income Tax-I, Nagpur, under Section 260A of the Income Tax Act, 1961, against ...