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Supreme Court Quashes High Court Order in Recovery Proceedings for Exceeding Jurisdiction. High Court Disposed of Writ Petition Challenging Interim Relief Denial by DRAT, Thereby Making Pending Appeal Infructuous Under Recovery of Debts Due to Banks and Financial Institutions Act, 1993.

The dispute originated from recovery proceedings initiated by Corporation Bank (later merged with Union Bank of India) under Recovery Certificate No.6...

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Supreme Court Dismisses Appeals in Stamp Duty Valuation Case, Upholding Company Court's Authority. Stamp Duty Calculation Based on Court-Fixed Valuation of Rs. 1.4 Crores for Immovable Property Sold Under Judicial Supervision, Not on Higher Auction Bid of Rs. 1.935 Crores.

The Supreme Court considered appeals concerning the calculation of stamp duty on immovable property sold through auction under the supervision of the ...

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Supreme Court Dismisses Appeal in Land Title Dispute — Concurrent Findings Upheld. Patta Validity Requires Proof of Abandonment or Revocation of Earlier Patta Under Madhya Pradesh Land Revenue Code.

The Supreme Court dismissed an appeal arising from a land title dispute in Madhya Pradesh. The respondents-plaintiffs (Shiv Nath and deceased Vishwana...

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Supreme Court Upholds Tax Deduction at Source on Guarantee Money Paid to Non-Resident Cricket Boards for Matches Played in India. Income from matches held in India is deemed to accrue in India under Section 9(1)(i) of the Income Tax Act, 1961, attracting TDS under Section 194E.

The case concerns an appeal by PILCOM (PAK-INDO-LANKA JOINT MANAGEMENT COMMITTEE), a committee formed by the cricket boards of Pakistan, India, and Sr...

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Supreme Court Allows Appeals in Wind Power Tariff Dispute — Commissioning Date Determines Applicable Tariff. Actual Injection of Power into Grid is the Criterion for Commissioning Under Electricity Act, 2003.

The Supreme Court of India heard appeals from the Madhya Pradesh Power Management Company Ltd. and another against a High Court judgment that directed...