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Supreme Court Allows Bank's Appeal, Upholds Liquidated Damages Clause in Employment Contract. Clause requiring employee to pay Rs. 2 lakhs for resigning before three years held valid under Section 27 of Indian Contract Act, 1872, and not opposed to public policy.

The Supreme Court allowed the appeals filed by Vijaya Bank and another against the judgment of the High Court of Karnataka which had quashed clause 11...

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Supreme Court Allows Appeals in Electricity Tariff Dispute — Gujarat Urja Vikas Nigam Limited v. Renew Wind Energy (Rajkot) Pvt Ltd. Renewable Energy Certificate (REC) Scheme does not override State Commission's power to determine tariff for wind energy under Section 62 of the Electricity Act, 2003.

The case involves appeals under Section 125 of the Electricity Act, 2003, by Gujarat Urja Vikas Nigam Limited and other distribution licensees against...

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Supreme Court Upholds Arbitrator's Award in Contract Dispute Over Final Bill Claims. Court Held That Arbitrator's Consideration of Vitiating Factors and Contract Clauses Was Permissible Under Arbitration and Conciliation Act, 1996, Despite Prohibition on Further Claims in Clauses 65 and 65A.

The dispute arose from a contract dated 02.07.2001 for repair works, with time extended to 19.01.2002. The respondent contractor submitted a final bil...

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High Court of Karnataka Enhances Sentence in Drugs and Cosmetics Act Case — State's Revision Petition Allowed. Trial Court's Fine of Rs.10,000 Increased to Rs.50,000 for Offence Under Section 27(d) of Drugs and Cosmetics Act, 1940.

The State of Karnataka, through the Drug Inspector, Hassan Circle, filed a Criminal Revision Petition under Section 397 read with 401 of the Code of C...

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High Court of Karnataka Dismisses State's Appeal for Sentence Enhancement in NIA Case. Sentence of 8 Years Imprisonment for Offences Under Section 18 of Unlawful Activities (Prevention) Act, 1967 Read With IPC Sections 120B, 121, 121A, 123 Held Adequate.

The State of Karnataka, through Cubbon Park Police, filed five criminal appeals under Section 377 of the Code of Criminal Procedure, 1973 and Section ...