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Supreme Court Allows NCDC's Appeal in Income Tax Dispute Over Deduction of Grants as Revenue Expenditure. Grants disbursed by a statutory corporation as part of its business are deductible under Section 37 of the Income Tax Act, 1961, regardless of the capital nature of the source funds.

The National Co-operative Development Corporation (NCDC), established under the National Co-operative Development Corporation Act, 1962, is a statutor...

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Bombay High Court Allows Appeals Against Appointment of Court Receiver in Favor of Appellants in Commercial Suits Involving Secured Creditors. Appointment of receiver without notice and without considering secured creditors' rights under SARFAESI Act is unsustainable.

The judgment arises from two commercial appeals filed by Future Corporate Resources Pvt Ltd and Ojas Tradelease And Mall Management Pvt Ltd against or...

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Bombay High Court Allows Daughter's Appeal Against Dismissal of Petition Challenging Father's Marriage Under Order 2 Rule 2 CPC. Family Court Erred in Holding That Earlier Suit for Declaration of Marriage as Void Was Barred by Res Judicata as Cause of Action Was Different.

The appellant, Mrs. Nayana M. Ramani, is the married daughter of late Mr. Navnitlal R. Shah. The respondent, Mrs. Fizzah Navnitlal Shah, claims to hav...

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Bombay High Court Quashes FIR in Abetment of Suicide Case Based on Compromise Between Husband and Deceased's Mother. Settlement between parties and lack of specific allegations against relatives led to quashing of FIR under Section 482 CrPC for offences under Sections 498-A, 306, 323, 504, 506 IPC.

The judgment pertains to two criminal applications filed before the Bombay High Court, Nagpur Bench, seeking quashing of FIR No.47/2019 registered at ...

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Bombay High Court Dismisses Petition Challenging IRDA's Rejection of Insurance Broker License Transfer. Transfer of Corporate Agency License Requires Prior Approval Under Insurance Act, 1938 and IRDA Regulations.

The petitioners, including Wills India Insurance Brokers Pvt. Ltd. and others, filed a writ petition under Article 226 of the Constitution of India ch...

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Bombay High Court Acquits Husband and Mother-in-law in Dowry Harassment and Attempt to Murder Case Due to Inconsistent and Unreliable Testimony of the Victim. Conviction under Sections 498A, 307, 312 IPC Set Aside as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

The appellants, Arbajkhan s/o Dilshad Khan (husband) and Hajra Begum w/o Dilshad Khan (mother-in-law), were convicted by the Additional Sessions Judge...

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Bombay High Court Allows Wife's Appeal for Transfer of Custody Petition Due to Apprehension of Bias - Family Court Directed to Transfer Petition to Another Court Under Section 19 of Family Court Act, 1984

The appellant wife and respondent husband were married on 16 November 1997 and had a son born on 7 July 2000. Differences arose between them, and nego...