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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration Act in Demurrage Dispute, Upholding Concurrent Findings Below. Clause 10(v) Held to Create Direct Liability for Demurrage, Not Indemnity, and Counterclaim for Option Cargo Damages Rejected.

The dispute arose from a coal supply contract dated 18 September 1999 between the appellant, an Indian company, and the respondent, an Australian comp...

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High Court of Karnataka Dismisses Appeal in Partition Suit, Upholds Trial Court's Decree for 5/7th Share. Appellant's claim of adverse possession and independent title rejected as she failed to prove exclusive possession and the suit property was ancestral joint family property.

The Regular First Appeal No.4169 of 2012 was filed under Section 96 of the Code of Civil Procedure, 1908, before the High Court of Karnataka, Dharwad ...

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High Court of Karnataka Allows Appeal in Income Tax Case — Capital Gain Not Included in Book Profit Under Section 115JB. Income from capital gain on sale of land held as investment cannot be included in book profit for MAT purposes under Section 115JB of the Income Tax Act, 1961.

The appeal was filed by Sri Hariram Hotels (P) Ltd. against the order of the Income Tax Appellate Tribunal (ITAT), Bangalore Bench, relating to the as...

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High Court of Karnataka Decides Revenue's Wealth Tax Appeals Involving Definition of 'Assets'. The Appeals Challenge ITAT Orders Regarding Assessment Years 1999-2000 to 2004-05 under Section 2(ea) of Wealth Tax Act, 1957.

The High Court of Karnataka heard a batch of Wealth Tax Appeals filed by the Revenue under Section 27-A of the Wealth Tax Act, 1957, against the order...

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Supreme Court Dismisses Writ Petition Filed After Decades on Grounds of Delay, Laches, and Suppression of Facts. The petitioners' long delay and withholding of key facts led to the dismissal of claims over land requisitioned by the Ministry of Defence and acquired by HMT Ltd.

The Supreme Court of India allowed the appeal by HMT Ltd., dismissing the writ petition filed by the heirs of Putta Narasamma after several decades. T...

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Bombay High Court Dismisses Landowners' Petition Challenging Tenant Declaration Under Hyderabad Tenancy Act. Concurrent Findings of Tenancy Based on Landowner's Admission and Long-Standing Cultivation Upheld.

The case involves a writ petition filed by the landowners (petitioners) challenging the judgment and order of the Deputy Collector, L.Rs. Parbhani dat...

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NCLAT Allows Appeal Against Rejection of Claim by RP in CIRP of Sovereign Industries Ltd. — Claimant's Right to File Claim Before Adjudicating Authority Not Barred by Limitation Under IBC. The NCLAT held that acknowledgment of debt in balance sheets extends limitation and the RP's rejection was erroneous.

The case involves an appeal by Mr. Bhagawant Narayan Naik against the rejection of his claim by the Resolution Professional (RP) of Sovereign Industri...