Search Results for "marketable title"

111 result(s) found

Scroll Down To Discover

Found 111 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Sales Tax Attachment Over Bank's Secured Assets Under SARFAESI Act — Priority of Secured Creditor Upheld. Section 26E of SARFAESI Act gives priority to secured creditors over crown debts, and attachment by sales tax authorities cannot defeat the bank's security interest.

The petitioner, Union Bank of India, filed a writ petition under Article 226 of the Constitution of India seeking to quash an attachment order dated 2...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes FIR Against Bank and Employees in Loan Dispute — Dispute Held Purely Civil, No Prima Facie Case of Cheating or Criminal Breach of Trust. Allegations of Forgery and Use of Forged Documents Also Not Made Out, FIR Quashed Under Section 482 CrPC.

The judgment arises from two writ petitions filed by ICICI Bank Ltd., its employees (Zarin Daruwala, Girish Nayak, Arati Ramakrishnan, Vipul Parmar, K...

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Appeals in Land Acquisition Compensation Case, Upholding High Court's Market Value Assessment. The Court affirmed the compensation rates based on sale exemplars, growth factor enhancements, and appropriate deductions for development charges under the Land Acquisition Act, 1894.

The Supreme Court of India dealt with multiple civil appeals arising from a land acquisition dispute in Haryana. The proceedings were initiated for ac...

© Image Copyrights Juris Services & Technology

Bombay High Court Acquits Appellants in CBI Corruption Case Due to Lack of Evidence and Invalid Sanction. Conviction under Prevention of Corruption Act, 1988 set aside as prosecution failed to prove demand and acceptance of bribe beyond reasonable doubt.

The case pertains to two criminal appeals filed by Vilas Vasudev Kunkolienkar (A1) and his wife Vijayshree Vilas Kunkolienkar (A3) challenging their c...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Writ Petitions Against DRT Order in Debt Recovery Case — Bank Entitled to Recover Debt Under RDB Act. DRT Has Inherent Power to Reject Frivolous Counterclaim Without Recording Evidence, and High Court Should Not Interfere When Alternative Remedy of Appeal Exists.

The case involves two writ petitions arising from proceedings before the Debt Recovery Tribunal (DRT) under the Recovery of Debts Due to Banks and Fin...

© Image Copyrights Juris Services & Technology

Bombay High Court Upholds Tribunal in Sales Tax Reference — Activity on Customer's Goods Not Manufacture. Processing of customer-supplied goods constitutes works contract, not manufacture, under Bombay Sales Tax Act, 1959, and purchase tax under Section 13AA is not leviable.

The case involves a reference under Section 61(1) of the Bombay Sales Tax Act, 1959, at the instance of the Revenue, against the judgment of the Mahar...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Builder's Appeal in Specific Performance Suit — Agreement for Development Not Concluded Due to Missing Essential Terms. Failure to Prove Concluded Contract for Sale of Land as Agreement Lacked Certainty of Terms and Was Subject to Further Negotiations.

The appellant, Ramesh Amarnath Malhotra, a builder and developer trading as Deonar Development Corporation, filed a suit for specific performance of a...