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Gujarat High Court Quashes Reassessment Notice Under Section 148A of Income Tax Act for Non-Application of Mind — Mechanical Approval of Sanction Without Independent Verification Violates Principles of Natural Justice

The petitioner, Piyush Mafatlal Shah, is engaged in the business of trading in gold, silver, diamond, and bullion under the proprietary concern M/s. P...

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Bombay High Court Quashes FIR and Section 156(3) Order in Stockbroker-Client Dispute. Dispute over share transactions held to be civil, not criminal, under Section 409 IPC.

The petitioners, Nirmal Bang Securities Private Limited (a stockbroking company) and its directors, filed a writ petition under Article 226 of the Con...

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High Court of Karnataka Hears Appeals Against Single Judge's Order on State Government's Authority Over Inter-State Electricity Transmission. The Court examined whether the State Government could extend its Order to inter-state transmission of electricity under the Electricity Act, 2003.

The High Court of Karnataka heard a batch of writ appeals filed by the State Load Dispatch Centre (SLDC), Karnataka Power Transmission Corporation Lim...

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Bombay High Court Hears Interim Application in Suit for Cancellation of Lease Modification Deeds. Application Seeks Injunction Against Construction and Alienation of Cooperative Society Property.

The matter involved a cooperative housing society and its lessee/assignee concerning a perpetual lease on a portion of land. The plaintiff, Usha Sunde...

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Bombay High Court Quashes FIR for Cheating and Criminal Breach of Trust in Business Transaction Dispute. Allegations Found to be Civil in Nature, Not Disclosing Ingredients of Offences Under Sections 406 and 420 IPC, Constituting Abuse of Process.

The applicant, Avdhesh Harichand Jaiswal, a businessman from Uttar Pradesh, filed a petition under Section 482 of the Code of Criminal Procedure, 1973...

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Supreme Court Dismisses Appeal in Bank Account Suit — Plaint Rejected as Barred by Limitation Under Article 113 of Limitation Act, 1963. Exchange of Correspondence Cannot Extend Limitation Once Right to Sue Accrues.

The appellant, Shakti Bhog Food Industries Ltd., filed a civil suit in 2005 against the Central Bank of India and another respondent seeking a decree ...

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High Court of Karnataka Allows Writ Petition Challenging Look Out Circulars Issued by Banks for Loan Recovery — Right to Travel Upheld. Banks Directed to Recall LoCs as Issuance Solely for Civil Debt Recovery Violates Fundamental Rights Under Article 21 of the Constitution of India.

The petitioner, Dr. Bavaguthu Raghuram Shetty, an Indian citizen aged 78 years, filed a writ petition under Articles 226 and 227 of the Constitution o...