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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 Dismisses PIL Seeking CBI Investigation into Alleged Irregularities in BEML Limited. Court holds that the petitioner lacked locus standi and the petition was based on unsubstantiated allegations and media reports, not credible material.

The petitioner, Mr. K. Subramanyam Sastry, filed a Public Interest Litigation (PIL) before the High Court of Karnataka seeking a direction to the Cent...

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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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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 Hears Appeal Against Conviction Under Section 376 IPC Where Accused Alleged False Implication and Consent. The Court Examined Whether Absence of Bodily Injuries Was Fatal to Prosecution Case Given Corroborating Medical Evidence of Fresh Hymen Tear and Semen Stains.

The present appeal arose from the judgment dated 28th January 2003 of the IInd Adhoc Additional Sessions Judge, Aurangabad, in Sessions Case No. 58 of...

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Bombay High Court Quashes Reopening of Assessment Under Section 148 of Income-tax Act, 1961 for Lack of Fresh Material. Reassessment Based on Change of Opinion on Commission Payment to Directors Held Invalid as All Issues Were Examined During Original Assessment.

The Petitioner, M/s. Dalal & Broacha Stock Broking Pvt. Ltd., a stock broking company, filed its return of income for Assessment Year 2008-09 declarin...

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"Supreme Court of India Resolves Complexities in Taxation of Mineral Rights" "Judgment Clarifies Legislative Powers and the Nature of Royalty in Mining Sector"

The Supreme Court of India addressed a significant dispute regarding the distribution of legislative powers between the Union and the States, specific...