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Bombay High Court Allows Second Appeal in Specific Performance Case — Readiness and Willingness Established. First Appellate Court erred in reversing trial court's decree for specific performance of agreement to sell agricultural land despite plaintiff's readiness and willingness to perform contract.

The dispute pertains to an agreement to sell agricultural land bearing Survey No.33, admeasuring 3H 23R, situated at village Udapur, Taluka Ner, Distr...

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High Court Allows Writ Petition, Quashes Deemed Conveyance Order in Land Dispute Under Maharashtra Ownership Flats Act, 1963 -- Petitioners Challenge Unilateral Grant to Magnum Tower CHS Limited

The High Court of Bombay allowed a Writ Petition filed by Petitioners against the State of Maharashtra and others, challenging an order dated 9 Januar...

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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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Gujarat High Court Allows Leave Encashment Claim Despite Delay, Rejects Limitation Bar for Continuing Wrong. Petitioner, a retired government servant, entitled to leave encashment for 300 days under Gujarat Civil Services (Leave) Rules, 2002, and delay in filing writ petition condoned as continuing wrong.

The petitioner, Vijay B. Shah, was appointed by respondent No. 3 on a regular pay scale and rendered services for about 17 years before retiring on 30...

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Madras High Court Dismisses Revenue's Appeal in Customs Valuation Case — Confirms CESTAT's Finding That Transaction Value of Imported Goods Is Acceptable Under Section 14 of Customs Act, 1962. Burden of Proof on Revenue to Show Fraud or Misdeclaration Not Discharged.

The case involves four Civil Miscellaneous Appeals filed by the Commissioner of Customs (Port-Export), Chennai, under Section 130 of the Customs Act, ...

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High Court of Bombay Upholds Electricity Ombudsman's Order Allowing Refund of Excess Tariff Charged to Industrial Consumer. Limitation Period Under MERC Regulations Not Applicable to Continuing Wrong of Wrongful Billing at Commercial Tariff Instead of Industrial Tariff.

The petitioner, Maharashtra State Electricity Distribution Company Limited (MSEDCL), challenged the order dated 22/01/2016 passed by the Electricity O...