Search Results for "Binding Agreement"

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Deemed Conveyance under MOFA Cannot Be Set Aside Merely on Technical Objections When Developer Fails to Execute Conveyance – Bombay High Court

The dispute arose when a cooperative housing society sought deemed conveyance of the land and building from the developer who had failed to execute th...

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Bombay High Court Dismisses Appeal Against Injunction in Property Sale Dispute — Receipt Held Not Constituting Agreement to Sell. Receipt of earnest money without essential terms of contract cannot be enforced as an agreement to sell under the Specific Relief Act, 1963.

The appellant, Eastern Star Hotels & Resorts Pvt. Ltd., filed an appeal against an order of the Civil Judge, Senior Division, Panaji, which dismissed ...

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Bombay High Court Quashes Reopening of Assessment for UK Insurance Company in Income Tax Case — Lack of Fresh Material and Change of Opinion. Reopening under Section 147 of Income Tax Act, 1961 based on mere change of opinion without new tangible material is invalid.

The petitioner, The Prudential Assurance Company Ltd., a UK-incorporated insurance company registered as a sub-account of a Foreign Institutional Inve...

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High Court of Karnataka Allows Petition Under Section 11(6) of Arbitration and Conciliation Act, 1996 for Appointment of Arbitrator in Joint Development Agreement Dispute. Clause 27.4 of Agreement Held Valid Arbitration Agreement, but Third Party Respondent No.5 Cannot Be Referred to Arbitration.

The petitioner, Nitesh Urban Development Pvt Ltd, filed a petition under Section 11(6) of the Arbitration and Conciliation Act, 1996, seeking appointm...