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Supreme Court Allows Revenue's Appeal Against Income-tax Appellate Tribunal Order Amalgamating Income of Two Assessment Years. Tribunal's Direction to Reassess for 1952-53 and Allowance for Intangible Additions Held Without Jurisdiction Under Section 33(4) of Income-tax Act, 1922.

The appeal arose from income-tax assessments for the years 1952-53 and 1953-54 of the respondent-firm. For 1952-53, the Income-tax Officer (ITO) asses...

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Bombay High Court Decides Arbitration Petition Challenging Award in Advertising Rights Tender Dispute. Court Examines Arbitral Award Under Section 34 of the Arbitration and Conciliation Act, 1996.

The arbitration petition arose from a tender floated by Brihanmumbai Electric Supply and Transport Undertaking (BEST) on 9 November 2018 for allotment...

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Bombay High Court Dismisses Appeal by ONGC Against Upholding of Arbitral Award in Contract Dispute. Interpretation of Contract Terms and Findings of Fact by Arbitral Tribunal Not Open to Challenge Under Section 34 of Arbitration and Conciliation Act, 1996.

The case arises from a commercial arbitration appeal filed by Oil and Natural Gas Corporation Ltd. (ONGC) against the judgment of a Single Judge of th...

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Bombay High Court Examines Closure Permission for Textile Mills Under Section 25-O of Industrial Disputes Act. The Court Stresses Need for Genuine and Adequate Grounds and Balances Industrial Needs with Worker Welfare, While Exercising Writ Jurisdiction Under Article 226 of the Constitution.

The dispute arose from the closure of two textile establishments, the Crown Mills Division and Process House Unit of Hindustan Spinning and Weaving Mi...

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High Court Dismisses Bank's Revision in SARFAESI Act Suit — Civil Court Jurisdiction Not Barred. Suit for Declaration and Injunction Regarding Personal Guarantee Held Maintainable as It Does Not Relate to Enforcement of Security Interest Under Section 34 of SARFAESI Act.

The case involves a civil revision application filed by Allahabad Bank against an order of the Joint Civil Judge, Junior Division, Nagpur, rejecting t...

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Bombay High Court Allows Arbitration Petition and Appoints Sole Arbitrator in Equipment Supply Dispute — Respondent's Failure to Appoint Arbitrator Justifies Court Intervention. Existence of Arbitration Clause Confirmed; Court's Role Limited to Section 11(6) of Arbitration and Conciliation Act, 1996.

The petitioner, Master Drilling India Private Limited, entered into an Equipment Supply Agreement dated 01.10.2021 with the respondent, Sarel Drill & ...

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Bombay High Court Dismisses Union of India's Appeal in Railway Freight Refund Case. Refund of Rs.25,197 with interest upheld as Railways wrongly applied minimum rate condition for train load under the Railway Claims Tribunal Act, 1987.

The Union of India appealed against the judgment and order dated 28th June 1993 of the Railway Claims Tribunal, Bombay Bench, which directed the Railw...

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Bombay High Court Allows Appeal and Enhances Compensation for Minor Injured in Motor Accident — Permanent Disability Assessed at 70% with Multiplier of 18. The court held that the Tribunal erred in assessing disability at 30% and applied correct multiplier and future prospects as per law.

The appellant, Ketaki Milind Kulkarni, a minor aged 8 years at the time of the accident, filed a claim petition under the Motor Vehicles Act, 1988, se...