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Supreme Court Allows Revenue Appeal in CENVAT Credit Case — Works Contract Service Classification Upheld. CENVAT Credit on Input Services for Works Contract Held Inadmissible Under Rule 2(l) of CENVAT Credit Rules, 2004.

The present appeal arises from a judgment of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) at Allahabad dated 09.11.2017, which allo...

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Supreme Court Dismisses Appeals in Company Law Dispute Over Maintainability of Oppression and Mismanagement Petition. Nomination Under Section 72 of Companies Act, 2013 Vests Rights in Nominee, Excluding Legal Heirs from Claiming Shares for Petition Maintainability Under Sections 241 and 242.

The dispute arose from a family tussle following the death of Mr. Abhey Kumar Oswal, who held significant shares in Oswal Agro Mills Ltd. and Oswal Gr...

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High Court of Karnataka Quashes Deployment Order in Engineering College Staff Transfer Dispute — Unilateral Transfer Without Consent Violates Autonomy of Aided Institution. Joint Director's Order Deploying Six Staff from One College to Another Set Aside as Without Jurisdiction.

The petitioner, Basaveshwar Engineering College, Bagalkot, an aided institution receiving salary grants from the State, challenged an order dated 29.0...

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High Court of Karnataka Quashes Government Order Cancelling Fair Price Shop Authorization — Violation of Natural Justice and Lack of Speaking Order. Secretary's order set aside for non-application of mind and failure to consider relevant material.

The petitioner, S. Balakrishna Reddy, claimed to be the adopted son of B.V. Varada Reddy, who was running a Fair Price Shop (FPS) at Boyanahalli Villa...

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Bombay High Court Examines Whether Assignee Bank Can Invoke SARFAESI Act for Debt Assigned by NBFC. The case involves interpretation of 'debt' and 'secured creditor' under SARFAESI Act, 2002 and RDDBFI Act, 1993, and the effect of assignment from a non-banking financial company to a bank.

The petitioner, a banking company, sought to enforce security interest under the SARFAESI Act after acquiring a debt and underlying security from a no...

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Bombay High Court Examines Constitutionality of National Investigation Agency Act, 2008, in Malegaon Blast Case. Petitioners Challenged Legislative Competence and Transfer of Investigation Without State Consent, Arguing Encroachment on State Police Powers.

The matter arose from two criminal writ petitions filed in the Bombay High Court challenging the constitutional validity of the National Investigation...