Search Results for "Section 53"

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Corporate Insolvency Resolution and Moratorium Effects on Judicial Deposits" The judgment addresses the interplay between the Insolvency and Bankruptcy Code (IBC) moratorium provisions and judicial deposits in appellate proceedings.

This case examines Siti Networks Ltd.'s request to withdraw funds deposited in court as part of an ongoing appellate proceeding after entering the Cor...

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"High Court Slams Regularization of Unauthorized Construction on Municipal Drainage" "Builders Can't Block Public Amenities for Private Gains, Rules Bombay High Court"

The Bombay High Court criticized the Thane Municipal Corporation (TMC) for regularizing an unauthorized construction by a private builder, M/s Kalpata...

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Court Declares Share Transfer Void in Maharashtra Antibiotics Case: Failure to Prove Transaction's Benefit. High Court sets aside Company Law Board’s order, emphasizing compliance with winding-up provisions under Section 536(2) of the Companies Act.

The appellants challenged the order of the Company Law Board (CLB) that directed the transfer of 40,530 equity shares of Rs. 100 each from respondent ...

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High Court Quashes Deficit Stamp Duty Demand on Deemed Conveyance After 20-Year Delay. Maharashtra Co-operative Housing Society Succeeds in Writ Petition; Stamp Duty Demand Set Aside

The judgment emphasized that demands for deficit stamp duty are subject to a statutory time limitation under Section 53A of the Maharashtra Stamp Act....

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Supreme Court Upholds Stamp Duty and Registration Requirements for Sale Agreements. Clarity on Stamp Duty Liability for Agreements Preceding Sale Deeds.

The Supreme Court of India reaffirmed the obligation to pay appropriate stamp duty on sale agreements preceding registered sale deeds. The Court rule...

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A High Court judgment addressing unauthorized construction and the dismissal of petitions seeking relief for violations of the Maharashtra Regional and Town Planning (MRTP) Act.

The Bombay High Court addressed a writ petition filed by the petitioner, Rafique Rahemtullah Kabani, challenging the demolition notices issued by the ...

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"Bombay High Court Reviews Gift and Mutation Dispute: Possession, Faith, and Jurisdiction at the Center of Legal Battle" The case delves into the complexities of a gift deed under Mohammedan law, disputed possession, and jurisdictional authority of revenue officials.

A dispute over the validity of a gift deed executed by Mrs. Jessica Iqbal Lukmani in favor of the petitioner, concerning a beach house and 1/3rd share...

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Court Strikes Down Arbitrary Lease Rent Hikes Based on Ready Reckoner Rates. State Government Ordered to Frame New, Fair Policy for Lease Rent Determination Following Landmark Judgment.

The challenge against the State Government's methodology for calculating lease rent for residential lands based on Ready Reckoner rates. The Petitione...

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Court Overturns Conviction Under Incorrect Section of Corruption Act. Appeal Allowed; Case Remanded for Correct Charges and Fresh Proceedings

The trial court convicted the accused under Section 8 of the Prevention of Corruption Act, 1988. However, the defense argued that Section 8 was incorr...