Search Results for "market value compensation"

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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 Land Acquisition Compensation Enhancement for Petitioners in Waghur Project Case. Court holds that the Reference Court erred in not granting statutory benefits under the Land Acquisition Act, 1894 including solatium and additional market value.

The judgment concerns three writ petitions filed by Deelip Vishwanath Patil and Sharad Vishwanath Patil against the Special Land Acquisition Officer a...

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WRIT PETITION NO. 73 OF 2015

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Bombay High Court Dismisses State's Appeal in Land Acquisition Compensation Case — Market Value Enhanced to Rs.40,000 Per Hectare Based on Comparable Sale Instances and Previous Award.

The State of Maharashtra, as the acquiring authority for the Upper Wardha Irrigation Project, appealed against a common judgment and award dated 30.4....

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Derivative Transaction Case. Exchange Traded Derivatives Held Not Speculative Under Section 43(5) of Income Tax Act, 1961, with Retrospective Application of Clause (d) of Proviso.

The case involves an appeal by the Commissioner of Income-tax, Central-IV against the order of the Income Tax Appellate Tribunal (ITAT) in favor of th...

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Bombay High Court Allows Appeal in Motor Accident Claim Case — Enhances Compensation for Death of Housewife. Court holds that notional income of a housewife should be assessed at Rs. 3,000 per month and applies multiplier of 18, granting Rs. 5,18,400 with interest.

The case involves two first appeals arising from a motor accident claim petition filed by the legal heirs of a deceased housewife. The claimants, incl...