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Bombay High Court Upholds Interim Injunction in Specific Performance Suit — Balance of Convenience Favors Plaintiff. The court confirmed the order restraining the defendant from alienating the flat pending suit, as the plaintiff had paid part consideration and was ready to pay the balance.

The plaintiff filed a suit for specific performance of an agreement to sell a flat dated 3rd April 2006. The total consideration was Rs.24.50 lakhs, o...

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Bombay High Court Permits Official Liquidator to File Criminal Complaint Under Section 454 of Companies Act, 1956 Against Ex-Directors for Non-Filing of Statement of Affairs. Court Directs Ex-Directors to Deposit Rs. 11,30,743/- as Estimated Cost of Investigation.

The Bombay High Court considered an Official Liquidator's Report (OLR No. 5 of 2013) in the winding up of Phoenix Alchemy Pvt. Ltd. The company was or...

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Madras High Court Hears Appeal Against Specific Performance Decree in Suit Involving Agreement of Sale. Trial Court's Grant of Relief Challenged on Grounds of Unregistered Agreement and Alleged Lack of Possession by Plaintiff.

The appeal arose from a decree for specific performance granted by the trial court in O.S.No.473/2006. The plaintiff, V.Gurusamy, filed the suit claim...

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"Supreme Court of India Resolves Complexities in Taxation of Mineral Rights" "Judgment Clarifies Legislative Powers and the Nature of Royalty in Mining Sector"

The Supreme Court of India addressed a significant dispute regarding the distribution of legislative powers between the Union and the States, specific...

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Supreme Court Allows Appeal in Arbitration Execution Case — Interest Ceases on Withdrawal of Deposited Amount. Court holds that when a decree holder withdraws a deposited amount, interest ceases to run from the date of withdrawal, even if no formal notice under Order XXI Rule 1(4) CPC is given.

The case arises from an arbitration award dated 14.04.2000, whereby the appellant, Nepa Limited, was directed to pay Rs. 14,49,300/- to the respondent...