Search Results for "Compound Interest"

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Karnataka High Court Dismisses Writ Petition by Two Companies Challenging Gratuity Payment Order — Payment of Gratuity Act, 1972. Employee's continuous service under same management entitles him to gratuity despite separate corporate identities.

The petitioners, Varma Industrial Private Limited and IBC Knowledge Park Private Limited, challenged the order dated 31.05.2018 passed by the Assistan...

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Bombay High Court Allows PIL Challenging Illegal Construction by Builder with Political Connections. Court Quashes Regularisation Orders and Directs Demolition of Unauthorised Structures in Old Goa.

The petitioner, an advocate, filed a Public Interest Litigation before the Bombay High Court at Goa challenging the construction of buildings by Respo...

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Bombay High Court Dismisses Developer's Writ Petition Challenging SRA Eviction Order — Petitioner Lacked Locus Standi as Non-Owner. Slum Rehabilitation Authority's Order to Hand Over Possession to Original Slum Dwellers Upheld Under Maharashtra Slum Areas Act, 1971.

The petitioner, Transcon-Sheth Creators Private Limited, a company incorporated under the Companies Act, 1956, filed a writ petition in the High Court...

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Bombay High Court Allows Appeal in Air Crash Compensation Case — Enhances Damages for Bungalow Destruction. Compensation for property damage must be based on cost of reconstruction and actual loss, not market value, under tort law principles.

The appellants, Thota Sayyed and his wife Shamshad Sayyed, owned a newly constructed residential bungalow in Goa. An air crash occurred, causing the c...

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Bombay High Court Quashes Dismissal of Employee in Disciplinary Proceeding — Lack of Evidence and Procedural Fairness. Sleeping Arrangement of a Female Co-worker in Employee's Room Not Constituting Misconduct Under Service Rules.

The petitioner, Shridhar Sakharam Omle, was employed as a General Assistant at Yashwantrao Chavan Academy of Development Administration (Yashada). He ...