Search Results for "Conditional Sale"

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Supreme Court Allows Bank's Appeal Against Confiscation Orders Under Central Excise Act and SARFAESI Act. Commissioner's Use of Omitted Rule 173Q(2) Invalid and SARFAESI Act Grants Priority to Secured Creditors Over Excise Dues.

The appeal arose from a judgment of the Allahabad High Court dismissing a writ petition filed by Punjab National Bank. The bank had extended credit fa...

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Supreme Court Dismisses Appeal of Coke Industry Against Coal India Over Pricing Dispute — Linked Price vs. Liberalised Sales Scheme (LSS) Price. Court Holds That Resolution of Linkage Committee Did Not Confer Right to Preferential Price, and Price Was to Be Charged as Prevalent at Any Point of Time.

The appeal arose from a dispute between M/s S.K.J. Coke Industries Ltd. and its predecessor Mahabir Coke Industries (appellants) and Coal India Ltd. a...

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Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Restoring Arbitral Award That Declared Termination of Master Asset Purchase Agreement by Repudiation. Court Holds That Single Judge Exceeded Scope of Section 34 by Reappreciating Evidence and Substituting His Own View.

The appeal arises from a dispute between V Hotels Ltd (appellant) and Siddhivinayak Realties Pvt Ltd (respondent no. 1) concerning a Master Asset Purc...

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Bombay High Court Grants Summary Judgment in Favor of Builder/Promoter in Summary Suit for Recovery of Maintenance Charges Under MOFA Agreement. Defendant's Failure to File Reply to Summons for Judgment Leads to Decree for Claimed Amount with Interest.

The plaintiff, Sai Om Petro Specialities Ltd., a builder/promoter, filed a summary suit against the defendant, M Industries, for recovery of alleged m...

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High Court of Karnataka Allows Writ Petition Against Dismissal of Execution Petition Due to Mistake of Court — Decree Holders Not to Suffer for Court's Error. Mistake of Court Should Not Prejudice Litigant Under Section 47 CPC and Order 21 Rule 17 CPC.

The petitioners, decree holders in a civil suit for specific performance of four agreements to sell, obtained a decree on 12.04.1994 against the respo...

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Bombay High Court Allows Land Acquisition Compensation Revision Applications Due to Non-Consideration of Comparable Sale Instances. Court Remands Matters to Reference Court for Fresh Determination of Market Value Under Section 18 of the Land Acquisition Act, 1894.

The case involves multiple civil revision applications filed by landowners whose agricultural lands were acquired by the State of Maharashtra for the ...

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High Court of Karnataka Dismisses Writ Petition Challenging Appellate Tribunal's Order in Co-operative Bank Loan Dispute — Petitioner Failed to Deposit 50% of Award Amount as Required Under Section 18 of Karnataka Co-operative Societies Act, 1959.

The petitioner, A. Shambandhan, borrowed a loan from the Mysore Merchants Co-operative Bank Limited (respondent No.1). He became a defaulter, leading ...