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Supreme Court Dismisses Appellant's Challenge to Stamp Duty and Penalty Order in Specific Performance Suit. Agreement of Sale with Possession Deemed Conveyance Under Karnataka Stamp Act, 1957, and Court Has No Discretion to Impose Lesser Penalty Than Ten Times Deficit Duty Under Section 34.

The appellant filed a suit for specific performance of an agreement for sale dated 04.11.1996, which was coupled with possession, thereby deemed a con...

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Supreme Court Rules on Stamp Duty Penalty: A Critical Examination of Section 34 of the Karnataka Stamp Act, 1957

The Supreme Court of India, in the case of Seetharama Shetty vs. Monappa Shetty, addressed the legal implications of Sections 33, 34, 37, and 39 of th...

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Bombay High Court Quashes Deficit Stamp Duty Demand in Development Agreement Case — Delay and Lack of Speaking Order Render Proceedings Invalid. Section 33A of Maharashtra Stamp Act, 1958 invoked after 10 years without proper application of mind; order set aside.

The Petitioner, Axayraj Buildwell Pvt. Ltd. (now Moongipa Realty Pvt. Ltd.), a developer, entered into a Development Agreement with D.N. Nagar Shree A...

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High Court of Karnataka Dismisses Review Petition in Stamp Duty Dispute — No Error Apparent on Record in Order Granting Time to Pay Deficit Stamp Duty. Review Petitioner Failed to Establish Any Ground Under Order 47 Rule 1 CPC for Recall of Judgment.

The Review Petition No.340 of 2019 was filed by Seetharama Shetty (the petitioner/plaintiff) seeking recall of the judgment dated 23.08.2019 passed in...

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High Court of Karnataka Dismisses Appeal in Partition Suit — Upholds Trial Court's Decree for Partition and Separate Possession. Will dated 27-05-1985 held not binding on plaintiff as it was not proved to be the last will of the testator.

The present appeal arises from a judgment and decree dated 06-12-2013 passed by the XXVIII Additional City Civil Judge at Mayo Hall Unit, Bangalore, i...

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Karnataka High Court Allows Writ Petition in Specific Performance Suit for Non-Compliance with Stamp Duty Provisions. Court directs payment of ten times deficit stamp duty on unstamped agreement for sale under Karnataka Stamp Act, 1957.

The petitioners, defendants 2 and 3 in OS No.3/2011 pending before the Senior Civil Judge, Sirsi, filed a writ petition under Articles 226 and 227 of ...

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Bombay High Court Dismisses Petitions Challenging Arbitral Award in Partnership Dispute — Court Upholds Award of Mesne Profits and Rejection of Set-Off Claim Under Specific Relief Act and Partnership Act

The case involves three writ petitions filed by M/s Resources International, Mr. Dipak M. Rajani, Mrs. Meena D. Rajani, and M/s Resourceful Earthmover...