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High Court of Bombay at Goa Dismisses State Appeal in Land Acquisition Compensation Case; Upholds Enhanced Compensation Based on Comparable Sale Instances and Rejects State's Contentions on Agricultural Land and Tenant Status.

The High Court of Bombay at Goa heard a first appeal filed by the State against the judgment and award of the Reference Court enhancing land acquisiti...

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High Court of Judicature at Bombay Hears Appeal Against Company Law Board Order in Oppression and Mismanagement Petition. Company Appeal No.19 of 2009 Challenges CLB's Findings on Reduction of Shareholding, Removal of Director, and Valuation of Land Under Sections 397 and 398 of the Companies Act, 1956.

The case involved a dispute between shareholders of Pantheon Infrastructure Pvt. Ltd., a company formed to acquire and develop a 13-acre property in M...

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Bombay High Court Allows Revision Application of Lessor in Rent Control Exclusion Case. Company That Lost Rent Control Protection Due to High Paid-Up Share Capital Cannot Regain It by Subsequent Reduction.

The case involves a dispute between M/s. Depe Global Shipping Agencies Pvt. Ltd. (Plaintiff/Lessor) and M/s. Mather and Platt (India) Ltd. (Defendant/...

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Bombay High Court Partially Allows Challenge to Arbitral Award in Price Adjustment Dispute Under World Bank-Financed Contract. Court Upholds Majority Award's Interpretation of Price Adjustment Clause but Modifies Interest Rate from 18% to 12%.

The petitioner, M/s. Angerlehner Structurals & Civil Engineering Co., was awarded a contract by the Municipal Corporation of Greater Mumbai (MMC) for ...

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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...

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High Court of Karnataka Dismisses Appeals in Land Acquisition Compensation Case — Market Value Determination Upheld. Reference Court's award of Rs.162 per sq. ft. for acquired land for power grid is confirmed as no grounds for interference established.

The case involves two appeals arising from a common judgment and award dated 6.2.2016 passed by the II Additional Senior Civil Judge and JMFC, Bagalko...

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Supreme Court Upholds State's Power to Fix Higher Sugarcane Price in Conflict Resolution Between Constitution Benches. State Advised Price (SAP) is Valid and Not Repugnant to Central Minimum Price Under Essential Commodities Act, 1955 and Sugarcane (Control) Order, 1966.

The Supreme Court considered a reference from a three-judge bench regarding an alleged conflict between two Constitution Bench decisions: Ch. Tika Ram...

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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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High Court of Bombay at Nagpur Dismisses Acquiring Body's Appeal Against Enhanced Compensation in Land Acquisition Case — Market Value Determined Based on Sale Instances and Potential for Horticulture Development.

The appellant, Vidarbha Irrigation Development Corporation, an acquiring body, filed a first appeal under Section 54 of the Land Acquisition Act, 1894...