Search Results for "Finance Act 1957"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
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Search Results for "Finance Act 1957"

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Supreme Court

Supreme Court Allows Appeal in Bonus Calculation Dispute Involving Subsidiary Company. Service Fee Payment Under Technical Aid Agreement Held to Be Legitimate Expenditure, and Deduction of Bonus as Prior Charge Before Depreciation and Tax Ruled Improper Under Industrial Disputes Act, 1947.

6 May 1959

The dispute arose out of a claim for bonus by the workmen of Crompton Parkinson (Works) Private Ltd., Bombay, which was initially a wholly-owned subsi...

High Court

High Court of Karnataka Quashes Proceedings Against Financier in Motor Vehicle Tax Default Case — Hypothecatee Not Liable for Tax Default Under Karnataka Motor Vehicles Taxation Act, 1957. Financier cannot be prosecuted for tax default by registered owner as hypothecation does not confer ownership.

11 Mar 2015

The petitioner, M/s. Shriram Investments Ltd. (now amalgamated with Shriram Transport Finance Co. Ltd.), was a financier for a commercial vehicle bear...

High Court

High Court of Karnataka Quashes Proceedings Against Financier in Motor Vehicle Tax Default Case — Financier Not Liable for Tax Default of Borrower Under Karnataka Motor Vehicles Taxation Act, 1957. Hypothecation Does Not Confer Possession or Control, Hence No Prima Facie Case Against Financier.

11 Mar 2015

The petitioner, M/s. Shriram Investments Ltd. (now amalgamated with Shriram Transport Finance Co. Ltd.), was a financier for a commercial vehicle bear...

Supreme Court

Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

20 Nov 2020

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

High Court

Bombay High Court Allows Petition Challenging Policy Circulars in SEIS Benefits Case — Circulars Imposing Additional Conditions for Service Providers Held Ultra Vires. Shipping Agent Entitled to SEIS Benefits as Service Provider Under Foreign Trade Policy.

9 Mar 2021

The petitioner, Atlantic Shipping Private Limited, a shipping agent providing port services and logistical support to foreign clients, challenged the ...

High Court

Bombay High Court Allows Revenue's Appeal in Central Excise Case on CENVAT Credit Restriction for Inputs from 100% EOU. Rule 3(6)(a)(i) of CENVAT Credit Rules, 2002 restricts credit on inputs manufactured by a 100% EOU, and reversal under Rule 3(4) does not remove the restriction.

12 Apr 2019

The Commissioner of Central Excise, Raigad filed an appeal under Section 35G of the Central Excise Act, 1944 against the order of the Customs, Excise ...

High Court

Bombay High Court Dismisses Petition by Union of India and Government Presses Challenging Industrial Tribunal Award. Notice of Change Under Section 9A of Industrial Disputes Act, 1947 Held Invalid Due to Existing Settlement Under Section 2(p) of the Act.

3 Aug 2010

The Union of India and the managements of India Security Press and Currency Note Press, Nashik, filed a writ petition challenging the award of the Cen...

High Court

Karnataka High Court Dismisses Petitions Challenging Excise License Fee Hike — License Fee Enhancement for CL-2, CL-7, and CL-9 Licenses Upheld as Valid Exercise of Power Under Section 17 of Karnataka Excise Act, 1965. Court Held That the Fee Is a Privilege Fee and Not a Tax, and the Government's Policy Decision Is Not Arbitrary.

24 Jun 2014

The petitioners, who are holders of CL-2, CL-7, and CL-9 excise licenses for retail sale of liquor and bars/restaurants in Hubli and Gadag districts, ...

High Court

Bombay High Court Declares Assignment of Assets by Ex-Director Void Under Sections 536(2) and 537(1)(b) of Companies Act, 1956 — Post-Winding Up Sale Without Court Leave Invalid. The court held that any disposition of company property after winding up without court approval is void, and subrogation does not permit sale of assets without leave of the court.

21 Oct 2015

The judgment concerns two reports filed by the Official Liquidator seeking a declaration that a Deed of Assignment dated 14.03.2012 executed by Mr. Sh...

High Court

Bombay High Court Allows New Law College and Additional Courses Despite State Government's Inaction — Mandamus Issued for Compliance with Bar Council of India and University Requirements. The court directed the State to decide applications within two weeks, failing which approvals deemed granted.

8 Sep 2015

The petitioners, Habib Educational & Welfare Society and Aldel Education Trust, filed writ petitions seeking directions to the State of Maharashtra to...

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