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Bombay High Court Quashes Customs Demand Against Ex-Director for Company Dues — No Personal Liability Without Statutory Provision. Section 142(1)(c)(ii) of Customs Act, 1962 does not authorise recovery from a former director who ceased to be associated with the company before the demand.

The petitioner, Purshottam Das Gupta, an 86-year-old senior citizen, was formerly a director of Sujata Verbatim Limited (later renamed PDG Infotech Li...

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Bombay High Court Allows Revenue's Appeal in Income Tax Case Regarding Redemption Fine as Business Expenditure. Redemption fine of Rs. 75,00,000 paid for unauthorized import of almonds held allowable as business expenditure under Section 37 of the Income Tax Act, 1961.

The appeal was filed by the Principal Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) which allowed the asses...

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Bombay High Court Partially Allows State Appeal in Land Acquisition Compensation Case — Market Value Reduced from Rs. 20 to Rs. 15 per sq. meter. Comparable Sales Method Applied with Deduction for Development Under Land Acquisition Act, 1894.

The case involves two appeals arising from a common judgment of the Reference Court in Land Acquisition Reference No. 75 of 1987, dated 31st August 19...

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Bombay High Court Allows Petition Challenging Co-operative Society's Bye-law Amendment for Lack of Quorum. Amendment to Bye-law 26(c) set aside as meeting lacked quorum under Section 75 of the Maharashtra Co-operative Societies Act, 1960.

The petitioner, a member of the respondent co-operative housing society, challenged the validity of an amendment to Bye-law 26(c) passed at a general ...

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High Court of Karnataka Quashes BBMP Closure Order Against LPG Dispensing Station for Violation of Natural Justice. License Cancelled Without Show Cause Notice or Hearing, Violating Principles of Audi Alteram Partem Under Articles 226 and 227 of the Constitution of India.

The petitioner, Sipani Energy Ltd., a company registered under the Companies Act, engaged in the business of manufacturing, stocking, and distribution...

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Karnataka High Court Dismisses Challenge to Government's Power to Nominate University Syndicate Members Under Karnataka State Universities Act, 2000. Section 39(1) Held Valid and Not Ultra Vires Sections 28(g) and 38 of the Act.

The case involves a batch of writ petitions filed under Articles 226 and 227 of the Constitution of India challenging the validity of Section 39(1) of...