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Bombay High Court Directs Finalization of Ward Formation and Conduct of Elections for Nagar Panchayat Phulambri. The court held that the respondents must comply with the directives in the letter dated 04.08.2015 to finalize ward formation and hold elections within specified time frames.

The petitioners, residents of Phulambri, filed a writ petition seeking directions to the respondents to finalize ward formation and conduct elections ...

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High Court Sanctions Composite Scheme of Arrangement and Amalgamation Involving Transfer of Business and Reduction of Capital — No Objection from Regional Director or Income Tax Department.

The High Court of Bombay considered two company scheme petitions seeking sanction of a composite scheme of arrangement and amalgamation. The transfero...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Partnership Dispute — No Grounds for Interference Under Section 34 of Arbitration and Conciliation Act, 1996. Arbitrator's Findings of Fact Are Final and Not Re-Examinable Under Section 34.

The petitioners, Dr. Dhiren Lalit Shah and others, filed an Arbitration Petition under Section 34 of the Arbitration and Conciliation Act, 1996, chall...

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Bombay High Court Directs CBI Investigation into Alleged Fraud in Collection of Funds for Kargil War Heroes. The court found prima facie evidence of misappropriation of public funds collected for war heroes and directed an independent probe by CBI under the Code of Criminal Procedure.

The Bombay High Court was hearing two Public Interest Litigations (PILs) that raised serious issues regarding illegalities and irregularities in the c...

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Bombay High Court Allows Revenue's Appeal in Rental Income Classification Case. Rental income from leasing unsold units of a commercial complex constructed by a real estate developer is assessable as business income, not income from house property.

The case involves multiple appeals filed by the Commissioner of Income Tax against the common order of the Income Tax Appellate Tribunal (ITAT) which ...