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Supreme Court Allows Appeal in Mediclaim Policy Renewal Dispute — Insurer Must Disclose Material Changes in Coverage at Renewal. Renewal of Insurance Policy is Not a Fresh Contract; Insurer Owed Duty to Inform Insured of Restrictive Terms Under Principle of Utmost Good Faith.

The appellants, Jacob Punnen and his wife, held a Mediclaim policy with United India Insurance Co. Ltd. since 1982, renewed annually. In March 2008, t...

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Supreme Court Upholds Arbitral Award in Consignment Agent Dispute — MMTC Ltd. v. Vedanta Ltd. Scope of Interference with Arbitral Award Under Section 34 of Arbitration and Conciliation Act, 1996 Limited to Grounds of Public Policy and Patent Illegality.

The Supreme Court dismissed the civil appeal filed by MMTC Ltd. against the judgment of the Bombay High Court which had upheld the majority arbitral a...

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Supreme Court Allows Appeal in Customs Prosecution for Export of Antiquities — Prosecution Under Customs Act Not Barred by Antiquities and Art Treasures Act, 1972. Held that the Customs Act, 1962 applies alongside the Antiquities Act, and prosecution under Sections 132 and 135 is maintainable.

The appeal arose from a judgment of the Delhi High Court upholding the discharge of the respondent, Sharad Gandhi, from offences under Sections 132 an...

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Bombay High Court Dismisses Tenant's Revision in Eviction Suit Based on Landlord's Bonafide Need for Redevelopment. Landlord's Purchase of Entire Property and Need for Expansion of Business for Son Constitute Bonafide Need Under Section 16 of Maharashtra Rent Control Act, 1999.

The applicant, Shridhar K. Berde, was a monthly tenant in Gala No.1 of Municipal House No.2481, Ratnagiri. The original owner Vinayak Purushottam Dali...

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Bombay High Court Dismisses PIL Against National Sports Club of India Construction, Upholding Environmental and Municipal Permissions. Court finds no violation of CRZ or heritage regulations and rejects allegations of illegal construction as motivated by private interests.

The petitioner, Society for Promotion of Equality, Awareness and Rights (SPEAR), filed a Public Interest Litigation before the Bombay High Court seeki...

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Bombay High Court Allows Revenue's Appeal in Transfer Pricing Case — Royalty on Bad Debts Not Deductible Without Actual Sales. ITAT erred in deleting disallowance of royalty paid on bad debts where software did not work, as no sale occurred.

The case involves an appeal by the Commissioner of Income Tax under Section 260A of the Income Tax Act, 1961, against an order of the Income Tax Appel...