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High Court of Karnataka Dismisses State's Revision Petitions in Asian Paints VAT Case — Input Tax Credit on Capital Goods Allowed Despite Non-Use in Manufacturing. Section 11(4) of KVAT Act, 2003 does not restrict ITC on capital goods used for generation of electricity for own consumption.

The State of Karnataka filed multiple revision petitions under Section 65(1) of the Karnataka Value Added Tax Act, 2003 (KVAT Act) read with Section 9...

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High Court of Karnataka Considers Validity of RERA Order on Complaint Maintainability and Project Exemption. The Court Examines Whether a Project with Occupancy Certificate is Exempt from Registration Under Rule 4 of Karnataka Real Estate Rules.

The petitioner, a real estate promoter, challenged an order of the Karnataka Real Estate Regulatory Authority which rejected its application seeking d...

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Bombay High Court Allows Writ Petition Challenging Rejection of Temporary Injunction in MOFA Dispute Over Parking Spaces. Court Restrains Society Members from Obstructing School's Use of 110 Stilt Parking Spaces Pending Suit.

The petitioner, Goel Ganga Foundation, runs an international school and filed a suit for injunction against the Federation of Swarganga Co-operative S...

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Bombay High Court Dismisses Tenant's Revision in Eviction Suit for Unauthorized Subletting. Concurrent findings of fact that tenant sublet premises without landlord's consent under Section 15 of Maharashtra Rent Control Act, 1999, upheld.

The Khadi and Village Industries Commission (KVIC), a statutory body, was a monthly tenant of a godown premises in Mumbai owned by the respondents (la...

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Bombay High Court Allows Appeal of Housing Society Against ESI Corporation — Society Not a 'Shop' Under ESI Act Notification. Principles of Natural Justice Not Applicable to Notification Under Section 1(5) of Employees' State Insurance Act, 1948.

The appellant, Vidarbha Premier Co-operative Housing Society, filed an appeal against the order of the Employees' State Insurance Court, Nagpur, which...

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High Court of Karnataka Dismisses Company Application Seeking Recall of Winding Up Petition Admission Order Against Kingfisher Airlines Limited. Company Court Has No Power to Recall or Review Its Own Order Admitting a Winding Up Petition Under the Companies Act, 1956.

The applicant, Kingfisher Airlines Limited, filed an application under Section 466 of the Companies Act, 1956, seeking recall of the order dated 30.10...

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ARBITRATION PETITION NO.1543 OF 2014

The matter arose from a stock trading dispute between Keynote Capitals Ltd. (a trading member of the National Stock Exchange) and Eco Recycling Ltd. (...