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High Court Dismisses Arbitration Petition Challenging Award Under Arbitration and Conciliation Act, 1996 -- MOU Found Not Amenable to Specific Performance Due to Third-Party Litigation

The High Court dismissed an Arbitration Petition challenging an Arbitral Award that rejected claims for specific performance of a Memorandum of Unders...

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Bombay High Court Grants Interim Injunction in Shareholder Dispute — Restrains EGM and Share Transfers. Serious questions arise regarding validity of share transfers and removal of directors under Companies Act, 2013, warranting preservation of status quo.

The present interim application arises out of a commercial suit filed by Desai Hospitals Ventures LLP and another (plaintiffs) against DHI Global Hold...

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Supreme Court Allows Revenue's Appeal in Income Tax Case on Unexplained Investment in Silver Bullion. Section 69A of Income Tax Act, 1961 Applicable Where Assessee Fails to Explain Source of Acquisition of Silver Found in Possession.

The present appeals were filed by the Revenue against the judgment of the Rajasthan High Court which allowed the appeals of the assessee, Prakash Chan...

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Supreme Court Upholds Employees' Seniority and Promotion Rights in Service Regularization Dispute - Continuity of Service Entitles Counting of Retrenched Period for Promotion Without Monetary Benefits Under Article 226 of the Constitution.

The dispute originated from the appointments of the respondents as Assistant Managers on contract in 2000, which were regularized in 2006 under the Ke...

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Bombay High Court Allows Petition of Municipal Pensioners Association Against Differential Pension Revision. Classification of Pensioners Based on Retirement Date Held Arbitrary Under Article 14.

The petitioner, Mumbai Municipal Pensioners Association, representing pensioners who retired from the Municipal Corporation of Greater Mumbai (MCGM) p...

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Bombay High Court Allows Petition of Municipal Pensioners Association Against Differential Pension Revision. Differential treatment of pre-2000 retirees violates Article 14; MCGM directed to revise pensions equally.

The petitioner, Mumbai Municipal Pensioners Association, representing pensioners who retired from the Municipal Corporation of Greater Mumbai (MCGM) p...

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Bombay High Court Dismisses Union's Challenge to Dearness Allowance Scheme Modification in Wage Reference. Court Upholds Industrial Tribunal's Decision to Remove Linkage Between Dearness Allowance and Basic Pay Under Section 9A of Industrial Disputes Act, 1947.

The Madura Coats Employees Union filed a writ petition under Article 226 of the Constitution challenging an award of the Industrial Tribunal which, in...