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Bombay High Court Allows Official Liquidator's Report in Winding Up of Transpower Engineering Ltd. — Holds Sale by Liquidator is Formal Transfer Not Subject to Differential Premium. Court exercises powers under Section 446(2) of Companies Act, 1956 to waive extension charges claimed by MIDC.

The Official Liquidator filed a report seeking directions regarding the sale of two industrial plots allotted by MIDC to Transpower Engineering Ltd. (...

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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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Bombay High Court Dismisses Petition Challenging Clause 10.10.1 of NEETUG 2017 Brochure Denying Admission to MBBS/BDS for Student Already Enrolled in BAMS. Clause restricting eligibility based on prior admission to another health science course is valid and not ultra vires.

The petitioner, Miss Maithilee Tukaram Kadam, a student who had passed her SSC with 98.64% and HSC in 2015, appeared for MHCET in 2015 and 2016. Based...

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Supreme Court Allows Revenue's Appeal in Income Tax Case — Amalgamated Company Must File Return for Pre-Amalgamation Period. Section 153A Notice Validly Issued to Transferor Company Despite Amalgamation, and Failure to File Return Attracts Penalty Under Section 276CC.

The Supreme Court allowed the appeal filed by the Principal Commissioner of Income Tax (Central) against the order of the Delhi High Court, which had ...

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Bombay High Court Reserves Judgment on Writ Petition Challenging Termination of College Principal Over Cancelled Caste Certificate. Petitioner Questions Tribunal’s Dismissal of Appeal Alleging Violation of Natural Justice in Cancellation of Caste Certificate Under Maharashtra Universities Act, 1994.

Background: The petitioner, Shri Sambhaji Shivaji Mali, initially appointed as a lecturer in 1968 and confirmed in 1971 at a college affiliated to Shi...

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Supreme Court Allows Appeal in Cooperative Bank CEO Appointment Dispute — Upholds Apex Society's Power to Depute Cadre Officers. Section 54(3) of Chhattisgarh Co-Operative Societies Act, 1960 obligates District Central Cooperative Bank to accept CEO deputed by State Cooperative Bank from its cadre.

The dispute arose from the appointment of the Chief Executive Officer (CEO) of the first respondent, Zila Sahkari Kendriya Bank Maryadit, a District C...