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Bombay High Court Dismisses Petition Challenging Rejection of Section 311 CrPC Application in Criminal Appeal — Power Under Section 311 CrPC Cannot Be Invoked After Conclusion of Trial

The petitioner, Mahesh Ahirrao, along with respondents 2 and 3, faced trial for offences under Sections 420, 465, 468, 471 read with 34 of the Indian ...

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Bombay High Court Directs Registration of Document Despite Pending Stamp Duty Adjudication — Period of Adjudication Excluded for Limitation Under Section 23 of Registration Act. Sub-Registrar Cannot Refuse Registration on Ground of Pending Adjudication Under Section 31 of Maharashtra Stamp Act.

The petitioner, Snehanjali Electronics and Trading Private Limited, filed a writ petition seeking a direction to the Sub-Registrar, Andheri I (Respond...

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Supreme Court Dismisses Appeal Against Initiation of CIRP Against Corporate Debtor Despite Payment by Guarantor's Resolution Applicant. Right of Subrogation Under Section 140 of Indian Contract Act, 1872 Not Available Where Resolution Plan Extinguishes Guarantee and No Payment of Entire Debt.

The case involves an appeal against the initiation of Corporate Insolvency Resolution Process (CIRP) against the 2nd respondent, Gujarat Hydrocarbon a...

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Supreme Court Allows Filing of Revised Income Tax Returns After Due Date in Amalgamation Case — Holds That NCLT-Approved Scheme Overrides Procedural Timelines Under Income Tax Act. Clause 64(c) of the Scheme Permitting Revised Returns Has Statutory Force and Department Cannot Reject Them as Invalid.

The Supreme Court allowed the appeals filed by M/s Dalmia Power Limited and M/s Dalmia Cement (Bharat) Limited against the judgment of the Division Be...

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Bombay High Court Hears Company Petition for Sanction of Scheme of Arrangement and Reduction of Share Capital. Petition Seeks to Restructure Debts and Reduce Capital Under Sections 391, 392, and 102 of the Companies Act, 1956.

This matter pertains to a company petition filed by Sharp Industries Limited under Sections 391-394 of the Companies Act, 1956, seeking sanction of a ...