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Supreme Court Disposes of Appeals by Authority for Advance Rulings Against High Court Judgment Quashing AAR's Rejection of Treaty Benefits. Questions Raised on Taxation of Capital Gains Under India-Mauritius DTAA and Scope of Section 245R(2) Proviso (iii) of Income Tax Act, 1961.

The disputes arose from applications for advance ruling filed by three Mauritius-incorporated companies—Tiger Global International II Holdings, Tige...

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High Court of Karnataka Sets Aside Order Directing Filing of Charge Sheet Without Sanction in Prevention of Corruption Act Case. Sanction for Prosecution Under Section 19 of Prevention of Corruption Act, 1988 is Mandatory Before Cognizance Can Be Taken by Special Judge.

The case involves two criminal revision petitions arising from an order dated 15.03.2008 passed by the Principal Sessions Judge, Gulbarga, in Special ...

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Bombay High Court Dismisses Challenge to Tender Conditions for Sweeping Contract in Nashik Municipal Corporation — Net Worth and Experience Requirements Upheld. Court holds that Clause 3.2.2 and 3.4.2 of RFQ are not arbitrary or discriminatory and are justified for a long-term public hygiene contract.

The petitioner, M/s. Watergrace Products, a proprietorship firm engaged in solid waste management, challenged certain conditions in a Request for Qual...

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Bombay High Court Partly Allows MTNL's Challenge to Arbitral Award, Reduces Future Interest from 18% to 9%. Court upheld the arbitrator's findings on quantum but modified the future interest rate as excessive under Section 31(7)(b) of the Arbitration and Conciliation Act, 1996.

The petitioner, Mahanagar Telephone Nigam Ltd. (MTNL), a Central Government Corporation, challenged an arbitral award dated 3 July 2006 passed by a so...

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High Court of Bombay Considers Challenge to Banning Order Issued by Public Sector Undertaking – Allegations of Blacklisting Without Proper Notice and Violation of Fundamental Rights. Petitioner Contends That Show Cause Notice Did Not Specify Intention to Ban for Three Years, Rendering Order Arbitrary.

The writ petition under Article 226 of the Constitution of India was filed by a private limited company engaged in corrosion resistant coating applica...