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Supreme Court Allows Appeals in Power Purchase Agreement Dispute — Fixed Costs Payable Irrespective of Energy Purchase. HERC Order Set Aside as Tariff Commission's Final Order Binding on Parties Under Section 86(1)(f) of Electricity Act, 2003.

The appeals arose from an Appellate Tribunal for Electricity (APTEL) order dated 23.03.2012, which upheld the Haryana Electricity Regulatory Commissio...

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High Court of Karnataka Hears Appeal by Bank Manager Convicted of Forgery and Corruption. Court Examines Prosecution Evidence and Notes Adverse Inference Under Section 114(g) of Evidence Act for Non-Examination of Material Witnesses.

The appeal arose from the judgment of the Special Judge for CBI cases convicting the appellant, a former branch manager of Syndicate Bank, for offence...

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Supreme Court Allows Appeal Against Execution of Arbitration Award as Specific Performance of Agreement for Sale. Arbitration Award Only Fixed Land Price; Executing Court Could Not Direct Sale Deed Execution Beyond Award's Scope.

The Supreme Court allowed the appeal filed by Firm Rajasthan Udyog and its partners against Hindustan Engineering & Industries Ltd. The dispute origin...

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Bombay High Court Adjudicated Arbitration Petition Under Section 34 of the Arbitration and Conciliation Act, 1996 Challenging Arbitral Award in Lease Finance Dispute. The Award Held Lessee Liable for Tax Demands Arising from Disallowance of Depreciation Under Income Tax Act, 1961.

The matter pertains to an arbitration petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 before the High Court of Judicatur...

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Supreme Court Upholds Territorial Limitation of Sales Tax Exemption After State Bifurcation. Benefit of exemption/deferment granted under unified Madhya Pradesh is confined to the state where the industrial unit is located and does not extend to inter-state transactions with the other successor state.

The Supreme Court considered a batch of appeals arising from the bifurcation of the State of Madhya Pradesh into the reorganised State of Madhya Prade...