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Bombay High Court Allows Petitions Challenging Rejection of Refund Applications Under Maharashtra Stamp Act. Refund of Stamp Duty on Deemed Cancellation of Agreements for Sale Allowed Where Agreements Were Not Registered and No Instrument of Cancellation Was Executed.

The Petitioners, Qwik Supply Chain Pvt Ltd and another, filed two Writ Petitions challenging the orders dated 07.03.2015 and 08.02.2018 passed by the ...

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Bombay High Court Grants Anticipatory Bail to Accused in Bank Fraud Case Due to Cooperation and No Custodial Interrogation Required. Petitioners Allegedly Induced Bank to Sanction Loans Based on Forged Documents, but Court Found No Need for Custody as Documents Already Seized and Petitioners Cooperated.

The petitioners, Rudhir Sareen, Saurav Vinay Jain, and Kamlesh Hari Kochra, filed separate writ petitions under Article 226 of the Constitution of Ind...

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Supreme Court Allows Appeal in CBI Case Due to Settlement Commission Immunity — Criminal Conspiracy and Corruption Charges Quashed Against Company Granted Immunity Under Central Excise Act, 1944 and Customs Act, 1962.

The appellant, Baccarose Perfumes and Beauty Products Pvt. Ltd., a company engaged in manufacturing and exporting cosmetics from a unit in Kandla Spec...

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Bombay High Court Allows Refund of Stamp Duty in Agreement Cancellation Case Due to Developer's Failure. Section 48(1) of Maharashtra Stamp Act does not bar refund when cancellation is for valid reasons and application is made within reasonable time.

The petitioners, Harshit Harish Jain and another, entered into an Agreement for Sale dated 30 August 2014 with M/s Krona Realties Private Limited for ...

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Supreme Court Quashes FIRs in Cheating and Forgery Case Due to Abuse of Process and Civil Dispute Nature. Criminal Proceedings Under Sections 120B, 420, 465, 468, 471 IPC Set Aside as Allegations Were Absurd and Filed Maliciously Post-Civil Litigation to Harass Accused.

The Supreme Court of India heard appeals challenging the dismissal by the High Court of Karnataka of petitions under Section 482 of the Code of Crimin...

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Supreme Court Allows Carrying Cost in Change in Law Claims Under PPA — Restitutionary Principle Upheld. Article 13.2 of Power Purchase Agreement Entitles Generating Company to Carrying Cost from Date of Change in Law Till Approval.

The case involves appeals by Uttar Haryana Bijli Vitran Nigam Ltd. and Dakshin Haryana Bijli Vitran Nigam Ltd. (Haryana Discoms) and Gujarat Urja Vika...

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Supreme Court Upholds Assessment of Hindu Deities as Individuals under Income-tax Act. Hindu Idol is Juristic Entity and "Individual" in Section 3 Includes Artificial Juridical Persons.

The case arose from income-tax assessment proceedings concerning the income from properties of two Hindu deities. The Income-tax Officer had initially...