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Bombay High Court Dismisses Execution Application for Interest on Arbitral Award During Pendency of Challenge — Bank Guarantee Furnished Under Supreme Court Order Constitutes Payment into Court Under Order 21 Rule 1 CPC

The case involves an execution application filed by Bhadani Associates (the claimant/decree-holder) seeking to enforce an arbitral award dated 16th Ja...

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Karnataka High Court Quashes Rejection of Candidature Due to Unnotified Qualifying Marks for Kannada Language Test. Fixation of Minimum Qualifying Marks After Examination Concluded Violates Principles of Fairness and Transparency Under Article 14 and 16 of the Constitution.

The petitioner, a Junior Training Officer at Government ITI College, Dhulkhed, challenged the endorsement issued by respondent No.3 (General Manager (...

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Bombay High Court Upholds Reopening of Assessment Under Section 147(a) for Income Tax on Minimum Guarantee Receipts from Film Sale. Assessee's Failure to Disclose Full Consideration for Sale of Movie 'Charas' Justifies Reassessment Despite Partial Acceptance of Addition.

The case involves an income tax reference at the instance of the assessee, who sold a movie titled 'Charas' to M/s. Prakash Pictures on a minimum guar...

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High Court of Karnataka Dismisses Appeal Challenging DICGC Act Provisions in Cooperative Bank Deposit Insurance Dispute. Sections 18A(5) and 21(3)(4) of the Deposit Insurance and Credit Guarantee Corporation Act, 1961, held constitutional and not arbitrary.

The appellant, Sri G.K. Gururaja Rao, Secretary of Sri Guru Raghavendra Sahakara Bank Niyamitha, filed a writ petition under Article 226 of the Consti...

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Supreme Court Allows Appeals Against PNGRB's Bidding Process for CGD Networks. Board Directed to Re-evaluate Bids for Three Tamil Nadu GAs in Accordance with Regulation 7 of CGD Authorisation Regulations, 2008.

The case arose from the ninth round of bidding for City or Local Natural Gas Distribution Networks conducted by the Petroleum and Natural Gas Regulato...