Search Results for "Liquidated damages"

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Supreme Court Upholds Extension of Solar Power Project under Force Majeure Clause: Reinstates Original Tariff. Key Judgment on Force Majeure and Tariff Reductions in Solar Power Purchase Agreements.

The Supreme Court has upheld the Appellate Tribunal for Electricity's (APTEL) decision to grant a six-month extension under the force majeure clause o...

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Court Clarifies Eligibility Criteria Under Vivad Se Vishwas I-Relief for MSMEs Scheme. Bombay High Court determines MSME status crucial for relief under government scheme amid reclassification challenges.

Marine Electricals India Ltd., engaged in the manufacturing of meteorological instruments and other electronic automation equipment, filed a writ peti...

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Supreme Court Quashes High Bid in Mining Lease e-Auction, Orders Fresh Auction and Penalty. Supreme Court finds error in 140.10% bid to be a genuine mistake, mandates a fresh e-auction while imposing a Rs 3 crore penalty on appellant for lack of due care.

Granted leave to appeal against the judgment of the High Court of Orissa, which dismissed the writ petition of the appellant who had mistakenly placed...

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Supreme Court on Industrial Sickness and Compound Interest. The Supreme Court addresses the interplay of the Sick Industrial Companies Act (SICA) and compound interest claims in a case involving HDPE bag supply and payment disputes.

Applicability of Section 22(1) of the Sick Industrial Companies Act, 1985 (SICA) – Whether the bar on legal proceedings under Section 22 applies t...

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Supreme Court Dismisses Assessee's Appeal in Income Tax Deduction Case Under Section 43B Explanation 3C. Interest Converted into Debentures Not Deemed Actually Paid as Per Retrospective Amendment, Disallowing Deduction Under Income Tax Act, 1961.

The dispute arose from an appeal by M.M. Aqua Technologies Ltd. against the Commissioner of Income Tax, Delhi-III, concerning the interpretation of Se...