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Bombay High Court Dismisses Petitioner's Challenge to Arbitral Award in Commercial Arbitration Dispute. Court upholds award under Section 34 of Arbitration and Conciliation Act, 1996, finding no patent illegality or conflict with public policy.

The petitioner, Ramakrishnan Krishnan, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award ...

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High Court of Karnataka Dismisses Appeal Against Refusal of Interim Injunction in Commercial Dispute Over Land Transfer. Section 9 of Arbitration Act Does Not Confer Right to Injunction Against Third Party Transferee Without Prima Facie Case of Fraud or Collusion.

The appellants, Vasudev Garg, Chaitanya Garg, and Radhika Baig, filed a Commercial Appeal under Section 37(1)(b) of the Arbitration and Conciliation A...

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Bombay High Court Rules Share Issue Expenses to Dilute Foreign Equity as Capital Expenditure Under Income Tax Act, 1961. Interest on Share Application Money Cannot Be Adjusted Against Such Capital Expenditure.

The case involves an Income Tax Reference under Section 256(1) of the Income Tax Act, 1961, by the Income Tax Appellate Tribunal (Tribunal) at the ins...