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High Court Dismisses Writ Petitions by Petitioners Challenging Competent Authority's Orders Under Maharashtra Cooperative Societies Act, 1960 -- Petitioners Fail to Establish Jurisdictional Error or Violation of Natural Justice

The judgment involves four connected writ petitions filed before the High Court of Judicature at Bombay challenging orders passed by the Competent Aut...

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Bombay High Court Dismisses Writ Petition Against SARFAESI Auction Sale for Lack of Alternative Remedy. Petitioner's challenge to auction sale of secured assets fails as remedy under Section 17 of SARFAESI Act before DRT was not exhausted.

The petitioner, Umang Sugars Private Limited, filed a writ petition before the Bombay High Court challenging the auction sale of movable and immovable...

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Bombay High Court Allows Appeal in Land Acquisition Case — Compensation Enhanced from Rs. 10,000 to Rs. 20,000 per Hectare. Market Value Determined by Comparable Sale Method with 20% Deduction for Development Under Section 23 of Land Acquisition Act, 1894.

The appellant, Harish Ratanlal Bhansali, was the owner of agricultural land Survey No. 312/B measuring 4 Hectare 90 R situated at village Goregaon, Ta...

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Bombay High Court at Goa Partly Allows Appeals in Land Acquisition Compensation Case — Enhances Compensation to Rs. 300 per sq m for Acquired Land. Court Relies on Comparable Sale Instances and Potential Value of Land Under Section 23 of Land Acquisition Act, 1894.

The judgment pertains to two first appeals arising from a common judgment and award dated 20.12.2014 passed by the learned District Judge-1, North Goa...

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Supreme Court Holds Section 15J Factors Illustrative in SEBI Penalty Adjudication. Adjudicating Officer Retains Discretion to Consider Mitigating Circumstances Beyond Stipulated Factors Under SEBI Act.

The Supreme Court of India adjudicated a reference arising from multiple civil appeals concerning the interpretation of Section 15J of the Securities ...

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Bombay High Court Allows Revenue Appeal in Capital Gains Tax Case — Land Sold by Non-Resident Indians Held Not Agricultural Land. Land Adjacent to Five-Star Hotels with Barren Nature and High Sale Price Indicates Non-Agricultural Character Under Section 2(14) of Income Tax Act, 1961.

The case involves two appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribu...

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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...