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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Acquits Accused in Murder Case Due to Incredible Dying Declaration...
Supreme Court Quashes Criminal Proceedings Under Section 182 IPC for Lack of Val...

Search Results for "construction loan"

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Supreme Court

Supreme Court Allows Appeal Against Quashing of FIR in Bank Fraud Case — High Court Erred in Holding That Section 81(5B) of Maharashtra Co-operative Societies Act, 1960 Bars Registration of FIR by Third Party Based on Audit Report. The Court held that the special procedure under Section 81(5B) does not override the general criminal procedure for third-party complaints, and the FIR based on an audit report disclosing cognizable offences must be investigated.

20 Jul 2023

The appeal arises from a judgment of the Bombay High Court quashing FIR No. 806 of 2019 lodged by the appellant, Dhanraj N Asawani, against the respon...

Supreme Court

Supreme Court Allows Appeal in Conditional Sale Dispute — Holds That Transaction Was a Sale with Condition of Repurchase, Not a Mortgage. The Court restored the Trial Court's decree dismissing the suit for specific performance, finding that the conditional sale deed dated 5.8.1977 was an out-and-out sale with a condition of repurchase, and the suit filed in 1983 was premature as the condition could only be exercised by July 1984.

4 Jul 2023

The case involves a dispute over a property in Patna. Kishori Lal Sahu, the original owner, along with his son, executed a conditional sale deed dated...

Supreme Court

Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

20 Nov 2020

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

Supreme Court

Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

6 Sep 2018

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...

Supreme Court

Supreme Court Upholds Mortgage by Conditional Sale in Property Redemption Dispute — Distinguishes from Sale with Condition to Repurchase Under Section 58(c) of Transfer of Property Act, 1882. The court affirmed that the transaction was a mortgage, not an absolute sale, and the mortgagor's heirs were entitled to redeem the property upon payment of the balance amount.

23 Apr 2019

The appeals arose from a suit for redemption of mortgage filed by the respondents-plaintiffs, who claimed that their father Shripad Joshi had mortgage...

High Court

Bombay High Court Allows Bank's Petition Against GST Attachment of Secured Assets Under SARFAESI Act. Priority of Secured Creditor Over Crown Debts Upheld Under Section 26E of SARFAESI Act and Section 31B of RDDB Act.

21 Mar 2024

The petitioner, Indian Overseas Bank, a secured creditor, had extended credit facilities to Respondent No. 3, Savair Energy Limited. Upon default, the...

High Court

Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Restoring Arbitral Award That Declared Termination of Master Asset Purchase Agreement by Repudiation. Court Holds That Single Judge Exceeded Scope of Section 34 by Reappreciating Evidence and Substituting His Own View.

30 Jan 2023

The appeal arises from a dispute between V Hotels Ltd (appellant) and Siddhivinayak Realties Pvt Ltd (respondent no. 1) concerning a Master Asset Purc...

High Court

Bombay High Court Allows Appeal Against Appointment of Court Receiver in Property Dispute — Appellant Not a Party to Agreement and Not in Possession, Receiver Appointment Set Aside. The court held that the learned Single Judge erred in appointing a receiver without considering that the appellant was a third party and not in possession of the suit property.

12 Sep 2023

The present appeal was filed by Rajaram Chavan Real Estate Pvt. Ltd. (the appellant), who was originally Defendant No.7 in a commercial suit, challeng...

High Court

Bombay High Court Acquits Accused in Dowry Death Case Due to Lack of Evidence of Cruelty Soon Before Death. Conviction under Sections 304-B, 498-A IPC and Sections 3, 4 of Dowry Prohibition Act, 1961 set aside as prosecution failed to prove that deceased was subjected to cruelty or harassment in connection with dowry demand shortly before her death.

7 Jul 2021

The case pertains to the death of Kalindi, who died due to burns in her matrimonial home on 15.9.2012, within eight months of her marriage to appellan...

High Court

High Court of Bombay at Goa Dismisses Revenue's Appeal in Income Tax Case — Interest on Borrowings for Argon Gas Plant Held Revenue Expenditure, Payment to Texmaco Allowed as Deferred Revenue Expenditure. Interest of Rs.1,97,91,197/- paid on borrowings for setting up Argon Gas Plant, capitalized in books, held to be revenue expenditure even before plant operation; payment of Rs.7,09,10,000/- to Texmaco allowed as deferred revenue expenditure amortised over 8 years.

2 Jan 2020

The Commissioner of Income Tax appealed against the order of the Income Tax Appellate Tribunal (ITAT) which allowed the respondent-assessee, Zuari Ind...

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