Search Results for "advance deposit"

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Search Results for "advance deposit"

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High Court

High Court of Karnataka Dismisses IDBI Bank's Appeal Against KIADB's Cancellation of Land Allotment for Non-Compliance with Allotment Conditions. The Court held that the allotment letter did not create any vested right in the appellant and that the KIADB was justified in cancelling the allotment due to the appellant's failure to pay the balance consideration and execute the lease-cum-sale agreement within the stipulated time.

28 Apr 2026

The appellant, IDBI Bank Limited, filed a writ petition before the High Court of Karnataka challenging the communication dated 20.12.2022 issued by th...

High Court

High Court of Gujarat Dismisses Insurance Company's Appeal in Motor Accident Claim — Sole Negligence of Truck Driver Upheld. The court affirmed that the truck driver who dashed into the car from behind was solely negligent, and the deceased was not contributorily negligent, as the burden of proof was not discharged by the insurer.

17 Mar 2026

The present appeal was filed by the New India Assurance Co. Ltd. under Section 173 of the Motor Vehicles Act, 1988, challenging the judgment and award...

High Court

Bombay High Court Upholds Insurance Company's Liability in Motor Accident Claim Despite Policy Cancellation Due to Cheque Dishonour — Insurer Must Pay Third Party and Recover from Owner. The Court held that the insurer's liability to a third party continues until the policy is validly cancelled and intimated to the third party, and the insurer can recover the amount from the owner.

17 Nov 2017

The case involves an appeal by The Oriental Insurance Co. Ltd. against the judgment and award of the Motor Accident Claims Tribunal, Nagpur, in Claim ...

High Court

Bombay High Court Dismisses MCGM's Appeal Against Arbitral Award in Commercial Dispute — Upholds Single Judge's Refusal to Set Aside Award Under Section 34 of Arbitration Act. Court Holds That Challenge to Arbitral Award on Grounds of Patent Illegality and Public Policy Must Be Based on Clear Violation of Law or Contract, Not Mere Erroneous Application of Law.

22 Dec 2017

The appellant, Municipal Corporation of Greater Mumbai (MCGM), filed a Commercial Appeal under Section 13 of the Commercial Courts Act, 2015 and Secti...

High Court

Bombay High Court Upholds Pay-and-Recover Direction Against Insurer for Dishonoured Cheque Premium — Insurer Must Pay Third-Party Claimants First Then Recover from Owner. The court held that under Section 149 of the Motor Vehicles Act, 1988, the insurer is liable to third parties even if the premium cheque was dishonoured, and the direction to pay first and recover from the owner is valid.

4 Dec 2017

The Oriental Insurance Co. Ltd. appealed against the judgment and award dated 7th November 2008 passed by the Motor Accident Claims Tribunal, Akola in...

High Court

Madras High Court Allows Appeal in Income Tax Case — Advances Written Off as Business Loss Under Section 37(1) of Income Tax Act, 1961. Court holds that advances given in the course of construction business, which become irrecoverable and written off, are allowable as business loss even if not claimed as bad debt under Section 36(1)(vii).

22 Jan 2026

The appellant, M/s. Deccan Estates, a builder, entered into a joint venture agreement on 10.12.1995 with landowners for development of a property name...

High Court

Madras High Court Allows Appeal in Income Tax Case — Advances Written Off as Business Loss Under Section 37(1) Allowed Despite Bad Debt Claim Under Section 36(1)(vii) Being Time-Barred. Court holds that advances given in the course of construction business which become irrecoverable and written off in books of account are allowable as business loss under Section 37(1) of the Income Tax Act, 1961, even if the claim under Section 36(1)(vii) fails due to non-compliance with Section 36(2).

22 Jan 2026

The appellant, M/s. Deccan Estates, a builder, entered into a joint venture agreement on 10.12.1995 with landowners for development of a property name...

High Court

Madras High Court Allows Appeal in Income Tax Case — Advances Written Off as Business Loss Under Section 37(1) of Income Tax Act, 1961. Court holds that advances given in the course of construction business, which become irrecoverable and written off, are allowable as business loss under Section 37(1) even if not claimed as bad debt under Section 36(1)(vii).

22 Jan 2026

The appellant, M/s. Deccan Estates, a builder, entered into a joint venture agreement on 10.12.1995 with landowners for development of a project named...

Supreme Court

Supreme Court Allows State to Enhance Royalty/Dead Rent in Mining Leases Despite Absence of Express Clause. Statutory Provisions Under Section 15(3) of MMDR Act and Rules 10 and 21 of Punjab Minor Mineral Concession Rules, 1964 Impliedly Authorize Enhancement During Subsistence of Lease.

1 Jan 2026

The Supreme Court considered two civil appeals arising from Special Leave Petitions filed by the State of Haryana against judgments of the Punjab and ...

High Court

High Court of Karnataka Quashes Reassessment Order in KVAT Case Due to Violation of Natural Justice — Assessee Not Given Opportunity to Cross-Examine Third Party. Section 39(1) Reassessment Set Aside as Assessing Authority Relied on Ex-Parte Statements Without Providing Opportunity to Rebut.

10 Nov 2016

The petitioner, M/s. TTP Technologies Pvt. Ltd., a registered company represented by its Director Sri. M. Devarajaiah, filed writ petitions under Arti...

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