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High Court of Karnataka Allows Appeal Against Injunction Restraining Bank from Enforcing Corporate Guarantee. The court set aside the injunction as the guarantee deed was unconditional and the bank had a prima facie case under Order 39 Rules 1 and 2 of CPC, enabling it to proceed under SARFAESI Act and IBC.

The appeal arose from an order dated 25.07.2024 passed by the LXXXV Additional City Civil and Sessions Judge, Bengaluru (Commercial Court) in I.A. No....

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High Court of Karnataka Acquits Accused in Cheque Bounce Case Due to Time-Barred Debt. Dishonour of Cheque Under Section 138 of Negotiable Instruments Act, 1881 — Presumption Under Section 139 Rebutted as Loan Advanced in 2010, Cheque Issued in 2012, Debt Not Legally Enforceable.

The case involves a criminal revision petition filed by the accused, Gundu Sidray Birje, challenging his conviction under Section 138 of the Negotiabl...

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High Court of Karnataka Directs Refund of Forfeited Auction Amount in SARFAESI Sale Due to Bank's Failure to Issue Sale Certificate. Bank's Failure to Perform Reciprocal Promise Discharges Bidder from Obligation to Pay Balance.

The petitioner, Sri Kalyanamurthy K., participated in an e-auction conducted by the State Bank of India (respondent) for the sale of an immovable prop...

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Supreme Court Allows Appeal by Special Police Establishment Against Direction to Supply Sanction Details Under RTI Act. Information Regarding Grant of Sanction for Prosecution Under Prevention of Corruption Act Held Exempt Under Section 8(1)(h) of RTI Act as Impeding Investigation and Prosecution.

The case involves an appeal by the Special Police Establishment (appellant) against a direction by the High Court of Madhya Pradesh to supply informat...

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Madras High Court Allows Tenant's Petition Restraining Municipality from Locking and Sealing Premises for Owner's Property Tax Arrears. No Statutory Power to Lock and Seal Under Section 116-A of Tamil Nadu Urban Local Bodies Act, 1998; Tenant Not Liable for Owner's Tax.

The petitioner, V. Saminathan, filed a writ petition under Article 226 of the Constitution of India before the Madurai Bench of the Madras High Court,...

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Madras High Court Restrains Municipality from Locking and Sealing Premises for Property Tax Arrears of Owner. Tenant Cannot Be Compelled to Pay Owner's Tax Liability; No Statutory Power to Lock and Seal Under Tamil Nadu Urban Local Bodies Act, 1998.

The petitioner, V. Saminathan, filed a writ petition before the Madurai Bench of the Madras High Court seeking a Writ of Mandamus to restrain the firs...

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Bombay High Court Upholds Revenue in Block of Assets Case — Industrial Gala Sale Taxed as Short Term Capital Gain Under Section 50. Non-Use of Asset Does Not Remove It from Block of Assets; Depreciation History Determines Tax Treatment.

The case involves an income tax reference by the Income Tax Appellate Tribunal, Mumbai Bench, at the instance of the assessee, Smt. Meena v. Pamnani, ...

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High Court of Karnataka Allows Writ Petition in Service Matter — Resignation Obtained Under Coercion Quashed. The Court Held That Resignation Must Be Voluntary and Free from Duress, and Employer Must Follow Natural Justice Before Accepting Resignation.

The petitioner, Basavaraj S/o Veerappa Shalawadi, was a conductor employed by the North West Karnataka Road Transport Corporation (NWKRTC). He was all...