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Bombay High Court Quashes Reassessment Notice in Income Tax Case Due to Change of Opinion. Reopening of Assessment Under Section 148 of Income Tax Act, 1961 Based on Mere Change of Opinion Without New Material is Invalid.

The petitioner, M/s. Rabo India Finance Limited, a non-banking financial company, challenged a notice dated 28.3.2011 issued under Section 148 of the ...

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Karnataka High Court Hears Quashing Petition in Acko Insurance Data Theft Case; Order Reserved. Ex-Employees Seek Quashing of FIR Alleging Theft of Confidential Trade Secrets and Conspiracy, Claiming Abuse of Process and Civil Nature of Dispute under Section 482 Cr.P.C.

The Karnataka High Court heard arguments in a criminal petition filed by accused Nos. 1 to 5 under Section 482 of the Code of Criminal Procedure, 1973...

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High Court of Judicature at Bombay Examines Company Law Board's Power to Direct Issue of Shares Under Section 111 of Companies Act, 1956. The appeal raises the question whether the Board can order issuance of share certificates and rectification of register absent valid transfer documents.

This company appeal arose from an order of the Company Law Board (CLB) dated 14 January 2013 in Company Petition No. 23 of 2012. The CLB had directed ...

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Supreme Court of India: Judgment on Regulation and Approval of Genetically Modified Crops. Ensuring adherence to environmental safety, legal standards, and public health in the approval process for GM crops in India.

The Supreme Court of India concerning various writ petitions filed in public interest related to the regulation and approval of Genetically Modified (...

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Bombay High Court Allows Appointment of Sole Arbitrator in Joint Venture Dispute — Arbitration Clause Survives Termination of Agreement. Section 11 of the Arbitration and Conciliation Act, 1996 invoked for disputes arising from Joint Venture Agreement dated 28th March, 2007.

The applicant, M/s. Atul & Arkade Realty, a partnership firm engaged in real estate development, filed an application under Section 11 of the Arbitrat...

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Bombay High Court Dismisses Petition Challenging Cancellation of Tender for Textile Mill Land Sale. Petitioner failed to demonstrate any legal right to compel conclusion of sale after tender was cancelled due to non-compliance with terms.

The petitioner, M/s Drushti Engineers & Developers, a partnership firm, filed a writ petition under Articles 226 and 227 of the Constitution of India ...