Search Results for "Premium FAR"

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Search Results for "Premium FAR"

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High Court

High Court of Karnataka Upholds Validity of Premium Floor Area Ratio Scheme and Rejects Challenges Under Articles 14, 21, 243ZE, and 300A of Constitution. Section 18-B of Karnataka Town and Country Planning Act, 1961 and Section 38-D of Bangalore Development Authority Act, 1976 Held Not Violative of Constitution, and All Impugned Notifications Sustained.

15 Jun 2026

The matter concerns a batch of cases challenging the constitutional validity of statutory provisions introducing the Premium Floor Area Ratio (FAR) sc...

High Court

Bombay High Court Allows Refund of Excess One-Time Premium in ULC Act Repeal Case — Premium Chargeable Only on Exempted Surplus Vacant Land. The court held that the one-time premium under the 2019 GR and 2021 GR cannot be levied on retainable land, only on exempted surplus land under Section 20 of the Urban Land (Ceiling and Regulation) Act, 1976.

7 Aug 2024

The petitioners, owners of land bearing Survey No.429/1/2 and CTS No.1069-A/A-1 and 1069-A/B-1, sought a refund of Rs.2,66,75,750/- paid as one-time p...

High Court

Bombay High Court Allows Appeal in Income Tax Case on Share Premium Utilization — Tribunal's Direction to Examine Section 78 of Companies Act, 1956 Set Aside as Beyond Scope of Income Tax Proceedings. The court held that the Assessing Officer cannot examine compliance with company law provisions in income tax proceedings, and the Tribunal's order was perverse.

9 Feb 2024

The appellant, Shendra Advisory Services Pvt. Ltd., was a joint venture between Indian promoters (Future Group) and a foreign company, Participatie Ma...

High Court

Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act, 1961 for Lack of Fresh Material. Reassessment based on mere change of opinion on share premium addition under Section 68 is invalid as all material was disclosed during original assessment.

10 Jul 2023

The petitioner, Rajshree Realtors Private Limited, a real estate company, filed its return of income for Assessment Year 2012-2013 declaring income of...

High Court

Bombay High Court Allows Petitioner to Retain Allotment Despite Delay in Payment of Lease Premium — Condonation of Delay Granted. Petitioner's failure to pay installments on time due to COVID-19 pandemic condoned, allotment restored on payment of interest and DPC.

19 Apr 2023

The petitioner, Narayani Trexim Pvt. Ltd., participated in a tender floated by CIDCO for lease of a plot in Sector 18, Vashi, Navi Mumbai. It was the ...

High Court

High Court of Karnataka Enhances Compensation for Accident Victim and Fixes Liability on Insurance Company in Motor Vehicle Accident Case. Claimant sustained grievous injuries due to driver's negligence; Insurance Company held liable as no evidence of invalid license.

2 Dec 2020

The case involves an appeal filed by the claimant under Section 173(1) of the Motor Vehicles Act, 1988, challenging the judgment and award dated 27.06...

High Court

Bombay High Court Allows Transfer of MIDC Plot to Auction Purchaser in Winding Up Proceedings — Official Liquidator's Sale Confirmed Despite MIDC's Objection. Court holds that MIDC cannot refuse transfer of property sold by Official Liquidator in company winding up, as the sale is conducted under court supervision and the purchaser steps into the shoes of the company.

21 Aug 2020

The applicant, M/s. Metal Tubes and Rolling Mills, filed a Company Application seeking directions against the Regional Officer, MIDC (Respondent No.2)...

High Court

Bombay High Court Allows Official Liquidator's Report in Winding Up of Transpower Engineering Ltd. — Holds Sale by Liquidator is Formal Transfer Not Subject to Differential Premium. Court exercises powers under Section 446(2) of Companies Act, 1956 to waive extension charges claimed by MIDC.

26 Jul 2018

The Official Liquidator filed a report seeking directions regarding the sale of two industrial plots allotted by MIDC to Transpower Engineering Ltd. (...

High Court

Bombay High Court Partially Allows Challenge to Arbitral Award in Insurance Dispute — Floater Policy Interpretation Upheld. Court remits issue of loss assessment for reconsideration under Section 34 of Arbitration and Conciliation Act, 1996.

30 Oct 2015

The petitioner, M/s. Boghara Polyfab Private Limited, had obtained a Fire and Special Perils Policy from the respondent, National Insurance Company Li...

High Court

Bombay High Court Dismisses Petition Challenging Premium on Staircase and Lift Areas Under D.C. Regulations — Levy at Revised Land Rate Upheld. The court held that the Municipal Corporation can charge premium for exempted FSI areas at the prevailing land rate, and the petitioners have no vested right to the earlier rate.

10 Jun 2010

The petitioners, M/s. Buildarch and its partner, owned a property at Prabhadevi, Mumbai, and sought to redevelop it. They submitted plans and paid var...

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