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High Court Allows Writ Petition, Sets Aside Stamp Duty Assessment on NCLT Order Under Maharashtra Stamp Act, 1958 -- Petitioner Challenges Rs. 50,00,000 Duty on Amalgamation Scheme Instrument

The High Court heard a writ petition by Petitioner. challenging stamp duty assessment of Rs. 50,00,000 on an NCLT Mumbai order sanctioning a composite...

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Bombay High Court Dismisses Petition by Co-operative Bank Challenging Gratuity Payment Order. Employer Cannot Withhold Gratuity Under Payment of Gratuity Act, 1972 for Misconduct Not Involving Moral Turpitude or Loss During Employment.

The petitioner, Chairman/Chief Executive Officer of Sangli District Primary Teachers Co-op. Bank Ltd., challenged the order dated 11.2.2020 passed by ...

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Supreme Court Allows Employer's Appeal in Gratuity Dispute — Trust Deed and Scheme Capped Gratuity at Statutory Limit Under Payment of Gratuity Act, 1972. Employer's Gratuity Scheme Did Not Abandon Statutory Ceiling; Employee Entitled Only to Statutory Maximum.

The appeal arose from a dispute between BCH Electric Limited (appellant-employer) and Pradeep Mehra (respondent-employee) regarding the quantum of gra...

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Supreme Court Dismisses Municipal Corporations' Appeals, Holds Payment of Gratuity Act, 1972 Applicable to Local Bodies. Municipal Employees Entitled to Gratuity Under Central Act Despite State Regulations Providing Lower Benefits.

The Supreme Court dismissed two civil appeals filed by Municipal Corporations of Kanpur and Gorakhpur against High Court orders upholding the Controll...

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Supreme Court Dismisses Municipal Corporations' Appeals, Holds Payment of Gratuity Act, 1972 Applicable to Local Bodies via Central Notification. The Act overrides inconsistent state regulations, entitling employees to gratuity under the Act.

The Supreme Court dismissed two civil appeals filed by Nagar Ayukt Nagar Nigam, Kanpur and Nagar Nigam, Gorakhpur against orders of the Allahabad High...

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Bombay High Court Dismisses Insurance Company's Challenge to Stamp Duty Demand on Marine-cum-Erection Policies. Policies for construction of rigs classified as Sea Insurance under Article 47A(ii) of Indian Stamp Act, 1899.

The petitioners, Oriental Insurance Co. Ltd. and its Divisional Manager, challenged a demand for stamp duty on six insurance policies issued in favor ...