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Arbitration – Liquidated Damages – Scope of Judicial Review under the Arbitration Act, 1940 – Interpretation of Contractual Terms – Performance Guarantees – Section 74 of the Indian Contract Act, 1872 – High Court’s Power to Set Aside Arbitral Awards.

The Supreme Court dismissed the appeal, upholding the High Court’s finding that the claim of ₹68.15 lakhs was speculative and beyond the contract...

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Assessment Orders Passed in Name of Non-Existent Entities Post-Amalgamation Held Void Ab Initio – Reliance Industries Limited vs. Commissioner of Income Tax. Jurisdictional Ground Raised After Three Decades Upheld – Supreme Court Precedents on Amalgamation Applied

Jurisdictional Issue:– Assessment orders passed against non-existent entities post-amalgamation are void ab initio, as the entities cease to exist a...

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State Of Maharashtra Could Not Withdraw Tax Exemption Granted Under Package Scheme Of Incentives 1993 By Applying Finance Act 2002 Retrospectively.

Supreme Court Held That Tax Exemption Benefits Accrued Under The Eligibility And Entitlement Certificates Could Not Be Taken Away Retrospectively With...

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Supreme Court Dismissed Habeas Corpus Petition as Infructuous—Claim of Defamation by Petitioner Held Misconceived. Habeas Corpus—Police Statement on Divorce Decree—Alleged Defamation—No Basis Found

The Supreme Court dismissed the petition. Habeas Corpus petition becomes infructuous once the detenue is located—further inquiry is unnecessary. (Pa...

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Motor Vehicles Act, 1988 – Compensation Enhanced by Supreme Court for Amputation Injury – Functional Disability Fixed at 90% – Age Determined as 22 Years – Compensation Increased to Rs.28,93,494/- from Rs.10,10,004/- by High Court and Rs.6,70,000/- by MACT

Constitution of India, 1950 (COI) – Article 136 – Special Leave Petition filed challenging the compensation awarded by MACT and modified by High C...

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Acquittal Upheld in Dowry Death Case under Section 304B IPC. Presumption under Section 113B of the Indian Evidence Act, 1872, not invoked due to lack of proof of demand for dowry – Acquittal by High Court affirmed by the Supreme Court.

Acquittal upheld – Supreme Court found no substantive evidence proving demand for dowry – Material contradictions in witness statements – Presum...

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Supreme Court upheld High Court’s ruling that service tax on lottery distributors is unconstitutional under Entry 62, List II of the Constitution of India.

Constitution of India, 1950 – Article 246, Article 248, Entry 62 List II – Finance Act, 1994 – Lotteries (Regulation) Act, 1998 – The Supreme ...

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Supreme Court Upholds Arbitral Award: Joint and Several Liability in Stock Trading Dispute. Oral Agreement Binding in Arbitration: Bombay Stock Exchange Bye-laws Interpreted.

The Supreme Court allowed the appeal, setting aside the High Court’s order and reinstating the arbitral award in its entirety. The Court held that:a...