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Writ Petition Challenging Review Orders on MVAT Refund Adjustments Quashed by Bombay High Court. Bombay High Court invalidates review orders under Section 15 of the Maharashtra Settlement of Arrears of Taxes Act due to lack of jurisdiction, directing refund of Rs. 2.72 crores with interest.

The Bombay High Court quashed review orders issued under Section 15 of the Maharashtra Settlement of Arrears of Taxes Act, 2022 (Settlement Act). The ...

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HDFC Bank Cleared of Criminal Charges: FIR Quashed by Supreme Court. Supreme Court rules in favor of HDFC Bank, quashing FIR related to alleged violations of prohibitory orders concerning a bank locker.

The Supreme Court set aside a 2022 judgment from the Patna High Court and quashed an FIR filed against HDFC Bank and its officials. The FIR had allege...

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"Conviction Upheld but Applicant Released on Probation Due to Health Concerns" Conviction under the Prevention of Food Adulteration Act sustained; the applicant, facing deteriorating health, is granted probation under the Probation of Offenders Act.

The applicant, convicted under Section 7(i) read with Section 16 of the Prevention of Food Adulteration Act, 1954, sought revision of his sentence. Bo...

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"Supreme Court Decides on AERA's Right to Appeal: Can Regulatory Authorities Challenge Their Own Decisions?" "Clarifying the distinction between regulatory and quasi-judicial functions in appeal maintainability."

Authority of India (AERA) before the Supreme Court against the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) under the Airport Economic R...

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Supreme Court Dismisses Appeal, Discharges Ex-CMD in Fraud Case Involving Electrotherm (India) Ltd. Supreme Court finds insufficient evidence against ex-CMD in Rs. 436 crore loan fraud; dismisses CBI's appeal while observing that suspicion alone does not justify charges.

The Supreme Court upheld the discharge of the former Chairman and Managing Director (CMD) of Central Bank of India (Accused No. 7) in a case involving...

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Eviction Decree Confirmed for Change of Premises Use. High Court upheld the eviction of tenants for breaching terms under Section 108(o) of the Transfer of Property Act by using commercial premises for residential purposes.

The Bombay High Court upheld an eviction decree initially passed by the Trial Court and confirmed by the Appellate Court. The eviction was based on th...

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Arbitration for Loan Recovery Dispute Court debates arbitration versus statutory remedies in SARFAESI and RDDB Acts. A high-stakes financial dispute under arbitration as lenders pursue alternative remedies through the SARFAESI Act.

Acts and Sections Discussed: Arbitration and Conciliation Act, 1996, particularly Section 11 (Appointment of Arbitrators) Securitization and Recon...

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"High Court Allows Director's Fraud Allegation Against Loan Sanction to Proceed in Civil Court" "Commercial Court's rejection overturned as fraud claims bypass SARFAESI Act jurisdiction."

The petitioner, against the rejection of his plaint by the Commercial Court under Order 7 Rule 11 CPC on grounds of being barred by Section 34 of the ...

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A Judicial Analysis of Bogus Purchases and Disallowances.

The Bombay High Court addressed three income tax appeals filed by Appellant challenging the findings of the Income Tax Appellate Tribunal (ITAT) and t...