Search Results for "Second Schedule Income Tax Act"

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Bombay High Court Discharges Court Receiver in Property Dispute, Directs Parties to Pursue Claims Before DRT. Court holds that once a suit is transferred to DRT, the Court Receiver's role ceases and parties must seek remedies before the Tribunal.

This judgment concerns an application filed by the Court Receiver seeking discharge without passing accounts, subject to payment of costs, charges and...

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Bombay High Court Dismisses Petition Challenging AICTE's Refusal to Grant Approval for MBA Course Due to Non-Compliance with Infrastructure Norms. AICTE's decision based on expert committee report and lack of essential facilities was upheld as reasonable and not arbitrary.

The petitioners, Yerala Medical Trust & Research Centre and Y.M.T. College of Management, sought to establish a new MBA course and applied to the All ...

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Bombay High Court Dismisses Employees' Claim for Trust Benefits After Company Closure. Closure of Company Constitutes 'Leaves the Service' Under Trust Deed, Employees Cease to Be Beneficiaries.

The case involves two originating summonses filed by M.N. Chhaya and another against P.R.S. Mani and others, and J. Pereira and others, concerning the...

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Bombay High Court Allows Writ Petition Challenging School Tribunal's Rejection of Appeal Against Oral Termination. Petitioner's Long Service Without Appointment Order Does Not Justify Automatic Termination; Management Must Follow Due Process.

The petitioner, Shailesh Anand Kulkarni, was appointed on 8.9.2001 as a Computer Science teacher by the Khandesh College Education Society, which runs...

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Bombay High Court Dismisses Cross Execution Applications in Share Sale Dispute, Holds Loan Included in Consideration. The court upheld the decree for specific performance of an email agreement, ruling that the loan amount of Rs.10,32,55,000/- was part of the Rs.36.75 crore consideration.

The case arises from a dispute between two groups, the Kotharis and the Agarwals, who were equal shareholders in a company called Special Ear, Nose an...