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High Court of Karnataka Allows Writ Petition Against Rejection of Karasamadhana Scheme Application for Waiver of Interest Under Karnataka Tax on Entry of Goods Act, 1979. The court quashed the orders rejecting the application for waiver of 90% interest arrears and directed reconsideration.

The petitioner, M/s. Raichur Power Corporation Ltd., filed writ petitions under Articles 226 and 227 of the Constitution of India challenging four sep...

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High Court of Karnataka Enhances Compensation for Minor with 90% Disability in Motor Accident Case — Rs. 16,50,000 Increased to Rs. 25,00,000 with 6% Interest. Loss of future prospects and attendant charges awarded for minor victim with amputation of both legs.

The appellant, Kumari Laxmi, a minor aged 2 years, suffered severe injuries in a motor accident, resulting in amputation of her left leg above the kne...

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Gujarat High Court Dismisses Appeal by State Transport Corporation in Motor Accident Claim — Upholds 100% Functional Disability for Amputation of Both Legs. Notional Income of Rs.3,000 per month for a 59-year-old retired claimant held justified under Motor Vehicles Act, 1988.

The appellant, Gujarat State Road Transport Corporation, challenged the judgment and award dated 12.07.2021 passed by the Motor Accident Claims Tribun...

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Karnataka High Court Allows Input Tax Credit Based on Annual Audited Accounts in KVAT Act Cases. The court held that Section 10(3) of the KVAT Act permits availment of input tax credit based on the annual audited statement in Form VAT 240, irrespective of the claim in returns under Section 35.

The judgment involves multiple writ petitions filed by M/s MFAR Constructions Pvt. Ltd. and M/s Mangalore Force, challenging the interpretation of Sec...

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Bombay High Court Quashes IDBI Bank's Wilful Defaulter Declaration Against Non-Executive Director. The Court Holds that Failure to Provide Copies of Documents and Fair Hearing Violates Principles of Natural Justice and RBI Guidelines.

Background: The writ petition was filed by a non-executive director of Ruchi Soya Industries Limited, a public listed company, challenging his declara...