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Bombay High Court Quashes Blacklisting of Supplier by Central Bank of India for Non-Supply Due to Force Majeure. Natural Calamity in Thailand Constitutes Force Majeure Excusing Performance Under Contract Law Principles.

The petitioner, M/s. Acer India (Pvt.) Ltd., a private limited company engaged in supplying computer software and hardware, challenged its blacklistin...

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Madras High Court Dismisses Revenue's Appeal in Capital Gains vs Business Profits Dispute. Profit on Sale of Land Held as Capital Gains Where Assessee Not in Property Development Business.

The case involves an appeal by the Commissioner of Income Tax against an order of the Income Tax Appellate Tribunal for assessment year 2004-05. The a...

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Bombay High Court Allows Land Acquisition Compensation Enhancement Petition Due to Non-Application of Correct Market Value. Petitioner's Land Acquired in 2008 for Satara Municipal Council, Court Directs Recalculation Based on Comparable Sale Instances Under Section 23 of the Land Acquisition Act, 1894.

The petitioner, Zal Sam Cooper, owned land in Satara that was acquired by the State of Maharashtra for the Satara Municipal Council under the Land Acq...

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Karnataka High Court Adjudicates Multiple Appeals and Cross-Objections Under Land Acquisition Act, 1894 Challenging Enhanced Compensation for Railway Project Lands. Market Value Determination at Rs.39,20,400 per Acre by Reference Courts Contested as Inadequate by Landowners and Excessive by Railways.

These appeals and cross-objections arose from land acquisition proceedings initiated by the State for the South Central Railway in Mahagaon village, K...