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Karnataka High Court Considers Challenge Under Section 37 of Arbitration Act to Order Upholding Majority Arbitral Award. Arbitral Tribunal Had Set Aside Termination of CISP Agreement Due to Insufficient Proof of Corruption and Awarded Compensation.

The appellant, Anheuser Busch Inbev India Limited (formerly SABMiller India Limited), a beer manufacturing and brewing company, appealed under Section...

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Bombay High Court Allows Petition Challenging Intervention Order in Section 156(3) Cr.P.C. Proceedings. Proposed Accused Have No Right of Hearing at Pre-Cognizance Stage Under Section 156(3) of Code of Criminal Procedure, 1973.

The petitioner, Mrs. Laxmi Mukul Gupta, filed an application under Section 156(3) of the Code of Criminal Procedure, 1973 before the Metropolitan Magi...

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High Court of Karnataka Dismisses Petition to Quash ACB FIR Against General Manager of Nandini Milk Products. Employee of Cooperative Society Controlled and Aided by Government Held to be 'Public Servant' under Section 2(c)(iii) of Prevention of Corruption Act, 1988.

The case arose from the registration of a crime by the Anti-Corruption Bureau (ACB) against the petitioner, V. Krishnareddy, who served as the General...

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COMMERCIAL ARBITRATION PETITION NO. 984 of 2018

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High Court of Karnataka Dismisses Revenue's Appeal in Block Assessment Case — Unexplained Investments Not Proven as Income. The court held that the Assessing Officer failed to establish that the cash credits and investments belonged to the assessee, and the ITAT correctly deleted the additions.

The case involves appeals by the Revenue under Section 260A of the Income Tax Act, 1961, against the common order of the Income Tax Appellate Tribunal...