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High Court of Judicature at Bombay Examines Challenge to Assessment Order Restricting Sales Tax Incentives under Package Scheme of Incentives, 1993. Expansion Unit Seeks Quashing of Order Alleging It Is Without Jurisdiction and Contrary to Scheme Terms.

The petitioner, Mahindra & Mahindra Limited, a company engaged in the manufacture and sale of automobiles and spare parts, filed a writ petition befor...

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High Court of Bombay Considers Appeals Against Company Law Board Order Directing Buyout of Majority Stake in Wind Energy Company. The majority shareholder challenged the finding of oppression and the forced sale of shares to minority shareholders under sections 397, 402 and 403 of the Companies Act, 1956.

The proceedings arose from disputes between the shareholders of Enercon (India) Limited, now known as Wind World (India) Limited, a company engaged in...

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Supreme Court Allows Appeal in NI Act Case Despite Complainant's Unwillingness to Compound After Full Payment. Compensatory Jurisprudence Prioritized Over Punitive Aspect Where Entire Cheque Amount and Interest Paid.

The Supreme Court allowed an appeal against the High Court's refusal to quash criminal proceedings under Section 138 of the Negotiable Instruments Act...

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Supreme Court Dismisses Contempt Petitions Against WPL in Super Bazar Revival Case — No Willful Disobedience of Orders Found. Revival Scheme Implemented Under Court Supervision; Payments Made as Directed.

The judgment pertains to contempt petitions filed against M/s Writers and Publishers Pvt. Ltd. (WPL) alleging willful disobedience of court orders in ...

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Supreme Court Dismisses Appeal in Specific Performance Suit, Upholds Refund of Earnest Money with Interest. Plaintiff failed to prove readiness and willingness for specific performance, but defendant must refund earnest money with 12% interest under Section 22 of Specific Relief Act, 1963.

The appellant (plaintiff) entered into a sale agreement dated 19.03.2010 with the respondents (defendants) for purchase of property bearing Survey No....

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Bombay High Court Hears Land Acquisition References from Talsania Family Against SLAO's Valuation for Acquired Andheri Land; Sale Instance of Vazirani Plot and Deductions for Development Under Scrutiny. Interest on Compensation Restricted to 9% Per Annum by Consent in Related Summary Suits.

The case comprised several land acquisition references filed under Section 18 of the Land Acquisition Act, 1894, seeking enhancement of compensation f...

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Supreme Court Dismisses Appeal by Purchasers of Property in Bombay Rents Act Dispute Over Construction Loan. Court Holds That Claim for Recovery of Loan Advanced Under Section 18(3) of the Act Arises Out of Act, Vesting Exclusive Jurisdiction in Court of Small Causes Under Section 28.

The litigation arose from a dispute over a construction loan and the consequent failure to grant tenancy, which brought into question the jurisdiction...

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Supreme Court Dismisses Appeal by Builder in Consumer Dispute Over Double Allotment and Forfeiture. Purchase of Flat for Director's Personal Use Held Not Commercial, Affirming Consumer Status Under Section 2(7) of Consumer Protection Act, 2019.

The respondent, Kushalraj Land Developers Pvt. Ltd., a real estate company, booked a flat in the appellant's project 'Omkar 1973 Worli' for the reside...