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Supreme Court Allows Union's Appeal Against High Court's Setting Aside of Amended Customs Notification. Power to Modify Exemption Under Section 25(1) Customs Act, 1962 Includes Power to Withdraw; No Vested Right to Concessional Duty.

The case involves a challenge to the amendment of a customs exemption notification. The respondent, ABP Pvt Ltd, imported a high-speed printing machin...

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Bombay High Court Adjudicates Petitions Challenging RBI and Central Government Actions Under Banking Regulation Act, 1949; Interim Stay Granted Against Amalgamation. Court Finds Prima Facie Haste and Lack of Propriety in Decision-Making Process Leading to Status Quo Ante Restoration.

The matter involved two writ petitions before the Bombay High Court challenging actions taken by the Reserve Bank of India (RBI) and the Central Gover...

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Supreme Court Dismisses Appeal by State Undertaking in BOT Arbitration Dispute, Upholds Arbitral Award on Termination Payment. Court Reiterates Limited Scope of Judicial Interference Under Sections 34 and 37 of Arbitration and Conciliation Act, 1996, Emphasizing Finality of Arbitral Awards.

The Supreme Court dismissed the appeal filed by Madhya Pradesh Road Development Corporation Ltd. (MPRDC) against the judgment of the Madhya Pradesh Hi...

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High Court of Gujarat Enhances Compensation in Motor Accident Claim Case — Applies Multiplier of 18 and Adds Future Prospects for Self-Employed Deceased. Claimants awarded Rs. 8,56,800/- with interest at 7.5% per annum under Section 166 of Motor Vehicles Act, 1988.

The present appeal under Section 173 of the Motor Vehicles Act, 1988, was filed by the original claimants, being the legal heirs of the deceased Shrav...

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High Court of Gujarat Enhances Compensation in Motor Accident Claim Case — Applies Multiplier Method and Adds Conventional Heads. The Court recalculated loss of dependency using multiplier 18 and added 40% future prospects, awarding enhanced compensation under Section 166 of Motor Vehicles Act, 1988.

The present appeal was filed under Section 173 of the Motor Vehicles Act, 1988, by the original claimants, being aggrieved and dissatisfied by the jud...

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Bombay High Court Hears Petition to Set Aside Arbitral Award in Redevelopment Dispute; Developer Challenges Directions to Amend Building Plans and Pay Compensation. Court's Decision Awaited.

The dispute pertained to redevelopment of a cooperative housing society's property. The respondent society, owner of a plot in Andheri, Mumbai, appoin...