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Bombay High Court Allows Auction Purchasers' Petition in SARFAESI Act Case Due to Overriding Effect of Section 26E Over MVAT Act. Property Purchased in SARFAESI Auction Held Free from Prior Sales Tax Attachment Under Section 38C of MVAT Act.

The petitioners, Shailesh K. Bothra and Mukesh C. Karwa, were auction purchasers of a property sold by Cholamandalam Investment & Finance Co. Ltd. (pe...

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High Court of Bombay Hears Challenge to Qualification of Bidder in Solid Waste Management Tender. Petitioner Alleges Non-Compliance with Tender Conditions Regarding Technical Experience and Financial Capacity Based on Prior Court Decisions.

The writ petition is directed against the decision of the Nanded Waghala City Municipal Corporation qualifying the bid of respondent No.3 in a tender ...

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High Court of Bombay Determines Applicability of Maharashtra Fee Regulation Act to Autonomous Professional Colleges. The Court Examined Whether Autonomous Status Under the Maharashtra Public Universities Act, 2016 Exempts Institutions from Fee Oversight by the Fees Regulating Authority.

The judgment addressed a common question of law arising from three writ petitions filed by autonomous educational institutions: K.J. Somaiya College o...

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High Court of Karnataka considers power of Income Tax Appellate Tribunal to direct fresh enquiry under Section 254 of Income Tax Act, 1961 in a buy-back taxation case. The court formulates the substantial question of law regarding suo motu directions leading to potential enhancement of tax liability.

The appeal before the High Court of Karnataka arose from an order of the Income Tax Appellate Tribunal (ITAT) concerning the tax treatment of a buy-ba...

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Bombay High Court Quashes Termination of Solid Waste Management Contract for Violation of Natural Justice. Municipal Commissioner's Order Set Aside for Non-Compliance with Contractual Termination Clause and Principles of Audi Alteram Partem.

The petitioner, AG Enviro Infraprojects Private Limited, a company engaged in solid waste management, challenged the order dated 31st October 2018 pas...

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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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High Court Quashes Penalty on Company Officials Under CGST Act Due to Lack of Personal Liability Evidence and Procedural Flaws. Petitioners Challenge Penalty Order for Fake Input Tax Credit Allegations

The petitioners, employees of M/s. Shemaroo Entertainment Limited, filed a writ petition challenging an order-in-original dated 1 February 2025 that i...