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Supreme Court Allows Appeal in Income Tax Case: Subscriptions Received Under Collective Investment Schemes Held to be Capital Receipts Not Income. Peerless General Finance's Subscriptions Not Forfeited During Assessment Years, Hence Not Taxable as Income.

The appeal arose from a dispute between The Peerless General Finance and Investment Company Ltd. (appellant) and the Commissioner of Income Tax (respo...

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Supreme Court Restores Arbitral Award in Coal Supply Dispute, Upholds Plausible Contract Interpretation. High Court Exceeded Section 37 Jurisdiction by Substituting Its Own Construction of Coal Mining and Delivery Agreement.

The dispute arose from a Coal Mining and Delivery Agreement (CMDA) executed on 16.07.2008 between Parsa Kente Collieries Limited (appellant) and Rajas...

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Supreme Court Allows Appeals in NDPS Case: Summoning Under Section 319 CrPC After Conviction Is Impermissible. The power under Section 319 CrPC can be exercised only before the pronouncement of judgment; once the trial concludes and judgment is pronounced, the court becomes functus officio.

The Supreme Court of India heard two criminal appeals arising from a common judgment of the Punjab and Haryana High Court, which had dismissed crimina...

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Supreme Court Allows Banks to Deny Legal Representation in Wilful Defaulter Proceedings. In-House Committees of Banks Are Not Tribunals Under Section 30 of Advocates Act, 1961, and Right to Lawyer Is Not Part of Natural Justice.

The Supreme Court considered appeals against the Delhi High Court judgment which held that a borrower is entitled to be represented by a lawyer before...

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Supreme Court Upholds CRZ Violations in Maradu Municipality Construction Case — Coastal Zone Management Authority's Powers Affirmed. Construction in CRZ-III No Development Zone Without Prior Concurrence of Authority Violates Environment Protection Act, 1986 and CRZ Notification 1991.

The appeals were filed by the Kerala State Coastal Zone Management Authority (KCZMA) against the judgment of the Kerala High Court which had allowed w...

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Supreme Court Dismisses Challenge to Amended Recruitment Rules Equating Posts of Principal and Joint Chief Inspector of Factories as Infructuous Due to Retirement of Employee. Transfer Order Set Aside as Mala Fide; Period Between Transfer and Superannuation Treated as Dies Non.

The case involves appeals by the Union of India against a common judgment of the Madras High Court confirming orders of the Central Administrative Tri...

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Supreme Court Sets Aside High Court Order Directing CBI Investigation into Transfer of Deity Property in Public Interest Litigation. High Court Exceeded Jurisdiction by Entertaining Dispute Lacking Public Element and Ordering Investigation Without Prima Facie Material.

The Supreme Court allowed the appeal against the High Court of Jharkhand's order directing the Central Bureau of Investigation to investigate the tran...

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Supreme Court Dismisses Premature Release Petition of Life Convict in Dacoity and Murder Case — Holds That Conviction Under Unconstitutional Arms Act Provision Does Not Automatically Entitle Release, and That State's Rejection of Earlier Representation Was Valid

The petitioner, Rajan, a Sri Lankan refugee, was convicted for dacoity, murder (3 counts), attempt to murder (4 counts), and arms offences in connecti...