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High Court of Bombay Dismisses Petition Challenging Arbitral Award in Insurance Dispute — Loss of Profit Claim Rejected Due to Flood Exclusion Clause. The court upheld the arbitrator's finding that 'inundation' was excluded under the Loss of Profit (Fire) Policy, and the claim was not maintainable.

The petitioner, Agrocel Industries Pvt. Ltd., was engaged in the production of Marine Chemical Bromine and had availed a 'Loss of Profit (Fire) Policy...

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Bombay High Court Allows Employee's Writ Petition Against Reversal of Reinstatement Order in Unfair Labour Practice Case. Industrial Court's Revision Set Aside as It Exceeded Jurisdiction by Reappreciating Evidence Without Finding Perversity.

The petitioner, an employee working as a Chowkidar at Government Shishu Sadan, Padampura, Aurangabad, filed a complaint before the Labour Court, Auran...

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High Court of Karnataka Dismisses Revenue's Appeal in Transfer Pricing Case for Acer India Pvt. Ltd. — No Substantial Question of Law Arises. Tribunal's deletion of TP adjustment upheld as consistent with earlier assessment year order.

The Revenue filed an appeal under Section 260-A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal (ITAT) dated 29.11....

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Bombay High Court Dismisses Bank's Petition Challenging Labour Court's Power to Reappreciate Evidence in Domestic Enquiry. Evidence Adduced Before Labour Court Prevails Over Enquiry Findings Under Industrial Disputes Act, 1947.

The petitioner, The Jalna District Central Co-Operative Bank Ltd., challenged the judgment of the Industrial Tribunal which upheld the Labour Court's ...

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Bombay High Court Dismisses Appeal Against Municipal Corporation in Property Dispute Over Open Space. Injunction Denied as Plaintiffs Failed to Establish Possession or Title Over Suit Premises Under Section 38 of Specific Relief Act, 1963.

The appeal arose from an order dated 10.02.2021 of the City Civil Court at Dindoshi dismissing the Notice of Motion No. 438 of 2021 in L.C.Suit No. 14...