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High Court of Bombay Dismisses Challenge to Majority Arbitral Award in Insurance Dispute — JSW Steel Ltd. v. ICICI Lombard General Insurance Company Ltd. — Challenge to Rejection of Claims Under Fire, Marine, and Business Interruption Policies Dismissed as No Patent Illegality Found.

The Petitioner, JSW Steel Ltd., engaged in steel manufacturing, had insured its plant at Toranagallu, Karnataka, under five insurance policies issued ...

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High Court of Karnataka Allows Appeal in Succession Certificate Case — Nominee Wife Entitled to Bank Amount Over Mother's Claim. Succession Certificate Granted to Mother Set Aside as Nomination Under Section 45ZA of Banking Regulation Act, 1949 Confers Beneficial Interest on Nominee.

The appeal was filed by Smt. Lakshmi Priyadarshini against the order dated 06.12.2012 in P & SC No.241/2007 on the file of the IX Additional City Civi...

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High Court of Madras Hears Challenge to Rejection of Land Use Conversion Application Under Tamil Nadu Change of Land Use Rules, 2017. Petitioner Sought Quashing of Panchayat President's Order Dated 25.04.2024 and Direction to Forward Application Under Rule 4.

The petitioner, Dr. Ramakrishnan, owned 6.31 acres of agricultural land in Modakkupatti Village, Salem District. He applied for conversion of the land...

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High Court of Judicature at Madras Examines Writ Petition Against Rejection of Community Certificate Under Puducherry Scheduled Caste Order. The Petitioner Claims Hindu-Adi-Dravidar Status but Authorities Cite Migration and Lack of Pre-1964 Residence Proof.

The writ petition filed under Article 226 of the Constitution of India challenged the orders of the original and appellate authorities rejecting the p...

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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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Supreme Court Disposes of Appeals by Authority for Advance Rulings Against High Court Judgment Quashing AAR's Rejection of Treaty Benefits. Questions Raised on Taxation of Capital Gains Under India-Mauritius DTAA and Scope of Section 245R(2) Proviso (iii) of Income Tax Act, 1961.

The disputes arose from applications for advance ruling filed by three Mauritius-incorporated companies—Tiger Global International II Holdings, Tige...

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Bombay High Court Dismisses Petitions by Non-Signatories Under Section 37 of Arbitration Act. Third Parties Cannot Appeal Interim Arbitral Orders Absent Privity of Arbitration Agreement.

The dispute arose from arbitration proceedings between Excel Metal Processors Pvt. Ltd. (respondent no.1) and Shakti International Private Limited (re...

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High Court of Karnataka Quashes Reassessment Orders Against Corporate Dealers in KVAT Cases; Holds Inter-Branch Transfers Not Taxable as Sale. Branch Registration Under Section 38(6) Does Not Create Separate Legal Personality for Levy of VAT.

The batch of writ petitions was filed by corporate entities, including M/s Wipro Enterprises (P) Ltd and M/s Chamundeshwari Build Tech Pvt. Ltd, chall...

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Bombay High Court Adjudicates Writ Petition Against MMRDA's Demand for Additional Premium on Alleged Construction Delay. Court Examines Whether Demand is Arbitrary and Violative of Article 14 Given Delays Attributed to the Authority.

The present writ petition was filed by Shree Naman Hotels Pvt. Ltd., a subsidiary of Shree Naman Developers Ltd., against the Mumbai Metropolitan Regi...