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Bombay High Court Dismisses Revenue's Appeal in Income Tax TDS Case — Wheeling and Transmission Charges Not Rent Under Section 194I. Payments for Use of Transmission Lines Held Not Rent as No Transfer of Possession or Right to Use Occurs.

The case involves an appeal by the Commissioner of Income Tax (TDS) against the order of the Income Tax Appellate Tribunal (ITAT) which held that whee...

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Bombay High Court Sanctions Scheme of Arrangement in Company Petition for Revival of Sick Pharmaceutical Company. Scheme under Section 391 of Companies Act, 1956, Approved Involving Settlement of Secured Creditors' Dues through Cash and Securities.

The Pharmaceutical Products of India Limited (PPIL), a company incorporated under the Companies Act, 1956, filed two company petitions under Section 3...

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Bombay High Court Dismisses MSEDCL Petition Against Electricity Ombudsman Order Limiting Recovery of Arrears Under Section 56(2) of Electricity Act, 2003. Court upholds two-year limitation period for recovery of electricity charges, rejecting claim for arrears from 2003 to 2010.

The petitioner, Maharashtra State Electricity Distribution Company Limited (MSEDCL), challenged an order of the Electricity Ombudsman dated December 2...

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Bombay High Court Dismisses Writ Petition Challenging Applicability of MIR Act to Electricity Company. Held that the Maharashtra Industrial Relations Act, 1946 applies to the electricity industry under Entry 36 of Schedule I, and the petition was grossly delayed.

The petitioner, Adani Electricity Mumbai Ltd., filed a writ petition challenging the orders of reference dated 20th August 2019 passed by the Chief Co...

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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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KAHC010100302020_1

The petitioners, a group of renewable energy companies, filed multiple writ petitions under Articles 226 and 227 of the Constitution of India before t...

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KAHC010218752018_1

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