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Bombay High Court Allows Petition Challenging 10% Performance Security Deposit in Railway Catering Contract. Court holds that Railway Board Circular dated 20.11.2020 prescribing 3% performance guarantee is binding and demand for 10% is arbitrary.

The petitioner, M/s. Shiv & Sons, a proprietorship concern, responded to a tender notice dated 01.03.2023 issued by the Nagpur Division of Central Rai...

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Bombay High Court Quashes Reassessment Notice in Income Tax Case Due to Lack of Fresh Material — Notice Issued Beyond Four Years Without Allegation of Failure to Disclose Material Facts is Invalid Under Section 148 of the Income Tax Act, 1961.

The petitioner, an individual assessee, filed her return of income for Assessment Year 2014-15 on 28 July 2014. The Assessing Officer completed the as...

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Bombay High Court Quashes VAT Assessment Order for FY 2013-14 Against Luxembourg-Based Companies Due to Gross Violation of Natural Justice and Backdating of Order. Assessment order found to be pre-dated and based on no notice or hearing, rendering it null and void.

The petitioners, comprising two Luxembourg-based companies (Petitioners 1 and 2) and their Indian group company (Petitioner 3), challenged an assessme...

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Bombay High Court Dismisses Appeal Challenging Rejection of Discharge in MPID Act Case – Alleged Fraudulent Hosiery Scheme – No Discharge as Prima Facie Case Exists

The appellant, Smt. Neelam Rajendra Nanaware, filed a criminal appeal under Section 11 of the Maharashtra Protection of Interest of Depositors (In Fin...

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High Court of Karnataka Allows Appeal in BDA Allotment Dispute — Upholds Validity of Sale Deed Despite Non-Registration of Agreement. Single Judge's Order Quashing Allotment Set Aside as Allottee Had Paid Full Consideration and Possession Was Delivered.

The case involves two writ appeals arising from a single judge's order in WP No.11179/2020 dated 21.06.2022. The appellant in WA No.593/2024, Sri Ravi...