Search Results for "trust assessment"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
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Search Results for "trust assessment"

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High Court

Bombay High Court Quashes Charity Commissioner's Permission for Sale of Trust Property Due to Inadequate Valuation and Procedural Irregularities. The Court held that the Joint Charity Commissioner failed to conduct an independent assessment of market value and did not ensure compliance with tender conditions, violating Section 36(1)(a) of the Maharashtra Public Trusts Act, 1950.

7 Mar 2025

The petitioner, a former trustee of Respondent No.2 Trust, challenged an order dated 8th July 2024 passed by the Joint Charity Commissioner-2, Mumbai,...

High Court

Bombay High Court Dismisses Appeal Against Order Refusing to Set Aside Ex-Parte Decree in Commercial Suit — Appellant Failed to Show Sufficient Cause for Non-Appearance. The court held that the appellant's failure to appear despite service and the lack of a valid explanation for the delay in filing the application to set aside the decree disentitled it to relief under Order IX Rule 13 of the Code of Civil Procedure, 1908.

27 Nov 2020

The appellant, BVM Finance Private Limited, was the original defendant No.1 in a commercial suit filed by the respondent No.1, Vistra ITCL (India) Ltd...

High Court

Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act for Lack of Fresh Material. Transfer of Shares as Gift During Internal Restructuring Not Constituting Income Escape Assessment When Full Disclosure Made During Scrutiny.

28 Sep 2020

The petitioner, Asian Satellite Broadcast Pvt. Ltd., a private limited company engaged in trading, investment, and finance, filed its return of income...

High Court

Bombay High Court Quashes Reassessment Notice Against Bank in Income Tax Case for Lack of Fresh Material. Reopening of Assessment Under Section 148 of Income Tax Act, 1961 Held Invalid as Assessing Officer Had Already Considered Exemption Claim During Original Assessment.

21 Sep 2020

The petitioner, State Bank of India, filed a writ petition under Article 226 of the Constitution of India challenging a notice dated 30.03.2001 issued...

Supreme Court

Supreme Court Directs Floor Test in Madhya Pradesh Assembly Amid Resignation Controversy. Governor's Power to Direct Floor Test is Not Binding on Speaker; Resignations Require Verification.

16 Mar 2020

The case arose from a political crisis in Madhya Pradesh where 22 Members of the Legislative Assembly (MLAs) belonging to the Indian National Congress...

High Court

Bombay High Court Allows Appeals in Share Ownership Dispute, Sets Aside Injunction Against Transfer of Shares Held by Trust. Court holds that a trustee cannot seek declaration of exclusive ownership of trust property in personal capacity without joining all trustees and beneficiaries.

15 Oct 2019

The case involves two appeals from an order of the Joint Civil Judge Senior Division, Pune, dated 10 May 2019, which granted an interim injunction in ...

High Court

Bombay High Court Dismisses Appeal in Trust Membership Dispute Under Maharashtra Public Trust Act, 1950 — Termination of Trustees Held Invalid Due to Lack of Proper Notice and Violation of Natural Justice. The Assistant Charity Commissioner's order rejecting the change report was restored, as the General Body Meeting was not properly convened and the appellants were not given an opportunity to be heard.

15 Dec 2017

The case pertains to a dispute over the membership of a public trust named 'Jaihind Shikshan Sanstha', registered under the Maharashtra Public Trust A...

High Court

Bombay High Court Quashes Reopening Notice Under Section 148 of Income Tax Act, 1961 for Venture Capital Fund — No Failure to Disclose Material Facts. Reopening Based on Mere Change of Opinion on Applicability of Section 10(23FB) Exemption is Invalid.

14 Jun 2013

The petitioner, DHFL Venture Capital Fund, is a trust registered as a venture capital fund under SEBI (Venture Capital Fund) Regulations, 1996. It fil...

High Court

Bombay High Court Allows Writ Petition Challenging Charity Commissioner's Order in Property Dispute — Held That LLP Has No Locus Standi to Seek Impleadment Under Section 41A of Maharashtra Public Trusts Act, 1950. The court set aside the Joint Charity Commissioner's order allowing impleadment of individuals claiming to be trustees in proceedings under Section 41A, as the LLP was not a party entitled to be heard.

30 Nov -0001

The case involves a writ petition filed by Bagasarwala Property LLP challenging an order of the Joint Charity Commissioner, Mumbai, dated 15 October 2...

High Court

Bombay High Court Dismisses Appeal Against Charity Commissioner's Order in Trust Dispute — Upholds Validity of Scheme for Administration of Public Trust. The court held that the Charity Commissioner has jurisdiction to frame a scheme under Section 50A of the Maharashtra Public Trusts Act, 1950, and that the scheme was not arbitrary or illegal.

30 Nov -0001

The case involves a dispute over the administration of a public trust, Chimthane Vibhag Shikshan Prasarak Mandal, Chimthane, District Dhule. The appel...

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