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Supreme Court Quashes High Court's Order in Tax Assessment Writ Petition Due to Statutory Remedy Foreclosure. High Court Exceeded Jurisdiction by Entertaining Writ Petition After Statutory Appeal Was Dismissed as Time-Barred Under Section 31 of the Andhra Pradesh Value Added Tax Act, 2005.

The dispute arose from a tax assessment order dated 21.6.2017 passed by the Assistant Commissioner of Commercial Taxes against the respondent, a regis...

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High Court of Karnataka Quashes E-Auction Notice and Sale Certificate in SARFAESI Act Case Due to Violation of Rule 8(6) of Security Interest (Enforcement) Rules, 2002. Failure to Serve 30-Day Notice Before Auction Renders Sale Void.

The petitioners, Sri T.S. Nataraj, Sri Harsha N., and Smt. N. Seema, filed a writ petition under Articles 226 and 227 of the Constitution of India bef...

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High Court of Karnataka Allows Appeal in Succession Certificate Case — Nominee Wife Entitled to Bank Amount Over Mother's Claim. Succession Certificate Granted to Mother Set Aside as Nomination Under Section 45ZA of Banking Regulation Act, 1949 Confers Beneficial Interest on Nominee.

The appeal was filed by Smt. Lakshmi Priyadarshini against the order dated 06.12.2012 in P & SC No.241/2007 on the file of the IX Additional City Civi...

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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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Bombay High Court Quashes Prosecution Against Directors in Food Adulteration Case Due to Inordinate Delay Depriving Right to Reanalysis. Delay of 35 months in filing complaint violated Section 13(2) of Prevention of Food Adulteration Act, 1954, rendering trial futile.

The applicants, who were directors of M/s. Bunge Agri Business India Ltd., filed an application under Section 482 of the Code of Criminal Procedure, 1...