Search Results for "Lump sum contract"

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Supreme Court Allows Appeal in Specific Performance Suit, Restores Trial Court's Decree for Money Recovery Instead of Specific Performance. The High Court erred in granting specific performance as the transaction was found to be a loan with collateral security under the Specific Relief Act, 1963.

The Supreme Court allowed the appeal by the subsequent purchasers (appellants) against the High Court's decree granting specific performance of an agr...

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Bombay High Court Dismisses Application to Rescind Consent Decree and Allows Substitution of Legal Heirs in Recovery Suit. Consent Terms Are Binding Contract; Legal Representatives Can Be Substituted Under Order 22 CPC for Execution of Decree.

The plaintiffs filed a suit (Suit No.2011 of 2002) against the defendants for recovery of Rs.3,30,00,000 with interest. On 3rd October 2006, the parti...

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Bombay High Court Dismisses Petition to Set Aside Arbitral Award in Revenue Sharing Dispute. Court upholds award granting 7% revenue share and costs, finding no patent illegality or perversity in arbitrator's interpretation of contract clauses.

The petitioner, Taj Air Ltd. (formerly Megapode Airlines Ltd.), filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, seeki...