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Bombay High Court Quashes Process Against Director in Cheating Case for Lack of Vicarious Liability. Petitioner Joined Company After Alleged Misrepresentation, No Specific Overt Act Alleged.

The petitioner, Harshavardhan Madhav Chitale, was accused No.3 in a complaint filed by Respondent No.2, Micromate Computers, before the Chief Judicial...

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High Court of Karnataka Considers Writ Petition Against Industrial Tribunal Award on Retirement Age in Industrial Disputes Act Cases. Employee of Amalgamated Company Seeks Retirement at 58 Years Despite Unit-Specific Standing Orders of 55 Years.

The petitioner, a company incorporated under the Companies Act, 1956, operated two independent industrial establishments: the Hosur Road unit and the ...

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Bombay High Court Dismisses Writ Petition Challenging Interest Demand on Bonded Goods Under Customs Act. Interest under Section 61(2) of the Customs Act, 1962 is Mandatory and Not Waivable Even for Delays Caused by Customs Authorities.

The petitioners, M/s SBEC Sugar Limited and its shareholder S.S. Agarwal, filed a writ petition under Article 226 of the Constitution of India challen...

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High Court of Karnataka Adjudicates Batch of Petitions Challenging Forest Development Tax Notification on Mining Leases; Examines Legislative Competence under Karnataka Forest Act and Forest (Conservation) Act.

A batch of writ petitions was filed before the High Court of Karnataka challenging the validity of Notification No. FEE/23/2007-08 dated 16.08.2008 is...

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High Court of Bombay at Goa Dismisses Revenue's Appeal in Income Tax Case — Depreciation Must Be Computed Before Section 80-IA Deduction. Loan from Shareholder to Company Held Deemed Dividend Under Section 2(22)(e) of Income Tax Act, 1961.

The case involves an appeal by the Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) regarding the assessment y...