Search Results for "security deposit"

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Supreme Court

Supreme Court Dismisses Contractor's Appeal in Arbitration Case Upholding Contractual Interest Bar. Pendente Lite Interest Denied as Contract Clause Prohibiting Interest on 'Any Moneys Due' is Valid Under Section 31(7)(a) of Arbitration and Conciliation Act, 1996, and Does Not Violate Section 28 of Indian Contract Act, 1872.

4 Oct 2021

The appeal arose from a dispute between a contractor and Bharat Heavy Electricals Limited regarding a construction contract for a boundary wall at a p...

Supreme Court

Supreme Court Dismisses Appeal in Contractual Dispute Over Lease Agreement Execution. High Court's Decision to Relegate Parties to Appropriate Forum Upheld Due to Disputed Questions of Fact Under Article 226 of the Constitution of India.

4 Oct 2021

The dispute arose from a lease agreement for Hotel Nilachal Ashok in Puri, where the State of Odisha had granted a 99-year lease to Utkal Ashok Hotel ...

Supreme Court

Supreme Court Upholds Licensee in Excise License Cancellation Case Due to Inapplicability of Amended Rules. Liability Limited to Actual Loss with Credit for Departmental Management Fees Under Old Rule 13 of Abkari Shops Departmental Management Rules, 1972, as Contract Predated Amendment.

6 Sep 2021

The dispute arose from the cancellation of a country liquor license by the State of Kerala. The respondent licensee had successfully bid for arrack sh...

Supreme Court

Supreme Court Dismisses Appeal in Contract Dispute Over Tender Terms and Recovery of Differential Contract Value. The Court upheld the High Court's finding that absence of formal contract execution precluded invocation of general terms for recovery, distinguishing between condition precedent and subsequent in contract formation under Indian Contract Act, 1872.

23 Jul 2021

The dispute arose from a tender floated by South Eastern Coalfields Ltd. for hiring equipment and related work. The respondent was the successful bidd...

Supreme Court

Supreme Court Upholds High Court Decision Quashing Labour Cess Demand Under Building and Other Construction Workers' Welfare Cess Act, 1996. The Court held that the cess demand was invalid as the contract work did not constitute 'building or other construction work' under Section 2(1)(d) of the Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996, and the levy under Sections 3(1) and (2) of the Cess Act was not applicable.

12 May 2021

The Supreme Court of India, in a civil appellate jurisdiction, addressed a special leave petition under Article 136 of the Constitution of India. The ...

Supreme Court

Supreme Court Upholds Consumer in Electricity Contract Dispute Over Reduction of Load. The Court held that enhancements of contract demand constitute supplementary agreements to the initial agreement, and the three-year period under Regulation 9.2.1 of Jharkhand State Electricity Regulatory Commission (Electricity Supply Code) Regulations, 2005 runs from the initial agreement date, not from each enhancement.

30 Apr 2021

The dispute involved a small-scale industry, the respondent, seeking reduction of its contract demand for electricity supply from 4000 KVA to 1325 KVA...

Supreme Court

Supreme Court Quashes Indefinite Blacklisting Order for Misbranded Veterinary Medicine — Show Cause Notice Lacked Specific Warning of Blacklisting and Appellant Was Not the Direct Supplier. The Court held that an indefinite blacklisting order without proper notice and without the appellant being a direct supplier is void ab initio and cannot be sustained.

11 Dec 2020

The appellant, Vetindia Pharmaceuticals Limited, a licensed drug manufacturer, was blacklisted indefinitely by the State of Uttar Pradesh on 08.09.200...

Supreme Court

Supreme Court Dismisses State's Appeal in Tender Cancellation Case — Violation of Natural Justice as Contractor Not Heard Before Termination of Contract. The Court Held That Principles of Natural Justice Require a Hearing Before Cancelling a Contract Awarded Through Tender, Even If Financial Irregularities Are Alleged.

11 Dec 2020

The case involves appeals by the State of Uttar Pradesh against a High Court judgment that set aside the cancellation of a contract awarded to Sudhir ...

Supreme Court

Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

20 Nov 2020

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

Supreme Court

Supreme Court Quashes Blacklisting Order in Contract Termination Case — Lack of Specific Notice Violates Natural Justice. Blacklisting Without Mention in Show Cause Notice Is Impermissible and Without Jurisdiction Under Principles of Natural Justice.

16 Nov 2020

The Supreme Court allowed the appeal filed by UMC Technologies Private Limited against the order of the High Court of Madhya Pradesh, which had upheld...

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