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INCOME TAX APPEAL NO.626 OF 2010

The assessee, Godrej & Boyce Mfg. Co. Ltd., filed its income tax return for Assessment Year 2002-03 declaring a loss of Rs. 45.90 crores and claimed a...

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Bombay High Court Dismisses Challenge to Arbitral Award in Electricity Transmission Contract Dispute. Court upholds majority award granting escalation costs and interest to contractor for delays caused by principal.

The petitioner, Maharashtra State Electricity Transmission Co. Ltd., challenged a majority arbitral award dated 6 January 2017 under Section 34 of the...

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Bombay High Court Delivers Oral Judgment on Petitions Challenging SEBI's Show Cause Notices to Auditors of Satyam Computers. Question of SEBI's Jurisdiction under Sections 11, 11B, and 11(4) of SEBI Act Raised in Wake of Satyam Fraud Disclosure.

The matter arose from writ petitions filed by Price Waterhouse & Co. and other chartered accountant firms along with individual partners challenging t...

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Bombay High Court Allows Summary Judgment for Debenture Trustee in Recovery Suit Against Corporate Guarantor. Defendant's Triable Issues Found to be Sham and Moonshine, Entitling Plaintiff to Judgment Under Order 37 CPC.

The plaintiff, IDBI Trusteeship Services Ltd., filed a summary suit under Order 37 of the Code of Civil Procedure, 1908, against the defendant, Hubtow...

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High Court of Karnataka Dismisses Second Appeal in Recovery Suit — Concurrent Findings on Unauthorised Use of Premises Upheld. Damages Awarded for Use and Occupation of Suit Schedule Property Based on Oral and Documentary Evidence.

The respondent/plaintiff instituted Original Suit No.232/1998 on 23.09.1998 before the I Addl. Senior Civil Judge at Belgaum seeking a decree for reco...

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Bombay High Court Quashes MSRTC's 'Kutumb Suraksha Yojna' Scheme for Re-appointing Terminated/Suspended Conductors as Arbitrary and Unconstitutional. Scheme Allowing Re-appointment of Conductors Charged with Misappropriation of Funds Violates Public Interest and Article 14 of the Constitution.

The Bombay High Court, in a suo motu public interest litigation, examined the validity of the 'Kutumb Suraksha Yojna' scheme introduced by the Maharas...

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Bombay High Court Quashes One-Time Spectrum Charge on Cellular Operators for Spectrum Beyond 6.2 MHz, Holding No Statutory Power Under Telegraph Act, 1885 to Impose Retrospective Charges

The case involved a writ petition filed by major cellular mobile service operators, Bharti Airtel Limited and Vodafone Idea Limited, challenging the i...