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Bombay High Court Quashes FIR in Cheque Dishonour Case Due to Lack of Evidence of Debt or Liability. Dispute over loan repayment fails as complainant's own documents contradict the alleged loan transaction under Section 138 of Negotiable Instruments Act, 1881.

The case involves two connected writ petitions arising from a dispute over cheque dishonour. The petitioners in WP No. 1284 of 2013 are Sham Ganpat Ch...

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Supreme Court Allows Appeal in Income Tax Case: Subscriptions Received Under Collective Investment Schemes Held to be Capital Receipts Not Income. Peerless General Finance's Subscriptions Not Forfeited During Assessment Years, Hence Not Taxable as Income.

The appeal arose from a dispute between The Peerless General Finance and Investment Company Ltd. (appellant) and the Commissioner of Income Tax (respo...

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High Court of Karnataka Hears Appeals Against Conviction for Conspiracy, Cheating, Forgery, and Corruption in Fake Balance Certificate Scam. Trial Court Convicted Bank Manager and Proprietors for Creating Fraudulent Credit Entries and Balance Certificates to Facilitate Loan of Rs.36 Crores.

The present criminal appeals arose from a common judgment of conviction and sentence rendered by the Special Judge for CBI Cases, Bengaluru, in Spl.C....

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Bombay High Court Quashes Show Cause Notice in CENVAT Credit Case Due to Violation of Natural Justice. Non-supply of documents and denial of cross-examination vitiated the notice under Article 226 of the Constitution.

The petitioner, Supermax Personal Care Pvt. Ltd., a company engaged in manufacturing excisable goods such as safety razors, blades, and shaving system...

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Bombay High Court Admits Winding Up Petition Against Syrma Technology Pvt. Ltd. for Non-Payment of Admitted Debt Despite Insurance Payment. Court holds that receipt of insurance proceeds does not extinguish the debt or bar winding up proceedings under the Companies Act, 1956.

The petitioner, Jiangsu Skyrun Wuxi Co. Ltd., filed a company petition under Section 433(e) of the Companies Act, 1956 seeking winding up of Syrma Tec...

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Bombay High Court Upholds Conviction in Cheque Bounce Case Due to Failure to Rebut Presumption. Accused's Failure to Enter Witness Box and Lead Evidence Results in Confirmation of Conviction Under Section 138 of Negotiable Instruments Act, 1881.

The case involves a criminal revision application filed by the accused, Amol @ Jolly Shrichand Kungwani, challenging his conviction under Section 138 ...

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Bombay High Court Considers Appeals Against Acquittal and Conviction in Wife's Burn Death Case. The Appeals Arise from Trial Court Verdict Convicting Husband for Murder Under Section 302 IPC While Acquitting Him and In-Laws of Dowry Harassment.

Background: This matter involves three criminal appeals before the Bombay High Court, Aurangabad Bench, arising from the judgment of the Additional Se...