Search Results for "Section 537 Companies Act"

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Supreme Court Dismisses Challenge to NLSIU's Separate Admission Test NLAT — Upholds University's Autonomy in Admission Process. NLSIU's decision to conduct its own entrance exam for 2020-21, deviating from CLAT, was held to be within its statutory powers under the NLSIU Act, 1986, and not arbitrary.

The judgment arises from a public interest writ petition filed under Article 32 of the Constitution of India by Rakesh Kumar Agarwalla, father of a st...

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Supreme Court Allows Deduction Under Section 80HH on Gross Profits Without Deducting Depreciation and Investment Allowance. The Court Overruled Motilal Pesticides and Held That Section 80HH Deduction Is Computed on 'Profits and Gains' Not 'Income'.

The Supreme Court considered a batch of civil appeals concerning the interpretation of Section 80HH of the Income Tax Act, 1961, for the Assessment Ye...

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High Court of Bombay at Nagpur Bench Dismisses Writ Petition Challenging Setting Aside of Ex Parte Decree in Recovery Suit. Trial Court's Discretionary Order to Allow Defendant to File Written Statement on Payment of Costs Upheld Under Order 9 Rule 7 CPC.

The petitioner, Dr. Sujitnath Banerjee, filed a suit for recovery of Rs.2,32,62,249/- against the respondents. The defendants were served but failed t...