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Bombay High Court Partially Allows Appeal Against Setting Aside of Arbitral Award in Development Dispute. Court Upholds Damages for Breach but Disallows Compound Interest.

The judgment arises from two arbitration appeals under Section 37 of the Arbitration and Conciliation Act, 1996, challenging a common order dated 25th...

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Bombay High Court Allows Petition of Teacher Seeking Approval for Appointment in Aided Minority Junior College. Court holds that rejection of approval without hearing violates natural justice and that the candidate's qualifications were equivalent.

The petitioner, Samidha Nimkar, an M.Com and B.Ed. graduate, sought appointment as a teacher for Accounting and Auditing in the 2nd respondent, KJ Som...

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High Court of Karnataka Allows Appeal Against Setting Aside of Exparte Winding Up Order — Directors Failed to Show Sufficient Cause for Non-Appearance. Service of Notice at Registered Office Deemed Sufficient Under Section 433(e) of Companies Act, 1956.

The case involves an appeal filed by M/s Shah Polymers, a partnership firm, against an order of the Company Court dated 4.12.2014 that set aside an ex...

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Karnataka High Court Dismisses Appeal Against Reassessment Order Under KVAT Act for Non-Disclosure of Items in Return. Assessee Failed to Submit Reply Despite Multiple Opportunities, Leading to Confirmation of Tax Liability of Rs.14,27,48,346/-.

The appellant, M/s Cargotec India Private Limited, is an assessee under the Karnataka Value Added Tax Act, 2003 (KVAT Act). The dispute pertains to th...

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High Court of Karnataka Confirms Removal of Chartered Accountant for Professional Misconduct in Audit of Great Western Industries Ltd. — Council's Recommendation for One-Year Removal Upheld Under Section 21(5) of Chartered Accountants Act, 1949.

This is a reference case filed by the Council of the Institute of Chartered Accountants of India under Section 21(5) of the Chartered Accountants Act,...

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High Court of Karnataka Confirms Removal of Chartered Accountant for Professional Misconduct in Audit of Great Western Industries Ltd. — Council's Recommendation for One-Year Removal Upheld Under Section 21(6) of Chartered Accountants Act, 1949.

This is a reference case filed by the Council of the Institute of Chartered Accountants of India under Section 21(5) of the Chartered Accountants Act,...

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High Court of Karnataka Confirms Removal of Chartered Accountant for Professional Misconduct in Audit of M/s Great Western Industries Ltd. — Council's recommendation for removal from register for one year upheld under Section 21(6) of the Chartered Accountants Act, 1949.

This is a reference case filed by the Council of the Institute of Chartered Accountants of India (the Council) under Section 21(5) of the Chartered Ac...