Search Results for "Balance sheet"

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Supreme Court

Supreme Court Upholds Arbitral Award in Favor of Concessionaire in Airport Metro Express Line Dispute. The court held that the Delhi High Court's interference under Section 37 of the Arbitration and Conciliation Act, 1996 was unjustified, as the Arbitral Tribunal's findings on defects and material breach in the concession agreement were based on evidence and within its jurisdiction.

9 Sep 2021

The Supreme Court of India addressed civil appeals arising from a dispute between Delhi Airport Metro Express Pvt. Ltd. (DAMEPL), the appellant and co...

Supreme Court

Supreme Court Dismisses Insurer's Appeal in Consumer Dispute Over Fire Insurance Claim Limitation and Assessment. Complaint was within limitation as cause of action was continuing due to insurer's subsequent actions like appointment of investigator and correspondence, under Section 24A of Consumer Protection Act, 1986, and NCDRC's award based on surveyor's report was upheld.

18 Aug 2021

The dispute arose from a fire insurance claim where the insured, a manufacturer, suffered total destruction of plant, machinery, and stock due to a fi...

Supreme Court

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.

11 Aug 2021

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...

Supreme Court

Supreme Court Upholds NCLAT Order in Insolvency Resolution Plan Approval Under Insolvency and Bankruptcy Code, 2016. Resolution Plan Found Compliant with Section 30(2) and Binding on All Stakeholders Despite Pending Creditor Claim Challenges.

10 Aug 2021

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016, against a judgment dated 4 January 2021 of the National Company Law App...

Supreme Court

Supreme Court Allows Appeal by Cooperative Federation on Pay Scale Revision Date Due to Financial Constraints. The Court Held That Financial Stringency Is a Valid Consideration for Deferring Implementation of Revised Pay Scales Under the Industrial Disputes Act, 1947 and Service Rules, Overturning the High Court's Finding of Unfairness.

9 Jul 2021

The Supreme Court of India heard civil appeals filed by the Punjab State Co-operative Milk Producers Federation Ltd. against a High Court order that a...

High Court

Supreme Court Upholds Financial Creditor in Insolvency Petition Based on Balance Sheet Acknowledgement Under Limitation Act. The Court held that entries in signed balance sheets constitute acknowledgement of debt under Section 18 of the Limitation Act, 1963, extending the limitation period for applications under Section 7 of the Insolvency and Bankruptcy Code, 2016, and that defects in the application regarding the date of default are curable.

15 Apr 2021

The dispute arose from an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) filed by Asset Reconstruction Company (India) ...

Supreme Court

Supreme Court Allows Appeal in Arbitration Petition Under Section 11 of Arbitration and Conciliation Act, 1996 - Family MoU Binding on Shareholders. The court held that a family Memorandum of Understanding containing an arbitration clause constitutes a valid arbitration agreement, enforceable under Section 11 of the Arbitration and Conciliation Act, 1996, and binding on heirs and successors.

6 Apr 2021

The appeal arose from the dismissal of a petition under Section 11 of the Arbitration and Conciliation Act, 1996, filed before the High Court of Delhi...

Supreme Court

Supreme Court Dismisses Appeal of Private Security Agency Against EPF Coverage — Security Guards Held Employees of Agency, Not Clients. The court held that a private security agency providing security guards on payment basis is covered under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, as it renders expert services under G.S.R. 805 dated 17.05.1971.

2 Dec 2020

The appellant, M/s. Panther Security Service Private Limited, is a private security agency registered under the Private Security Agencies (Regulation)...

Supreme Court

Supreme Court Cancels Anticipatory Bail in Dowry Death Case, Transfers Investigation to CBI. The Court held that the High Court's grant of bail was perverse and that the circumstances warranted an independent investigation by the CBI under Section 173(8) CrPC.

27 Nov 2020

The case arises from the unnatural death of Dr. Deepti Mangla, who was married to Sumit Agarwal on 3 November 2014. On 7 August 2020, the appellant, D...

Supreme Court

Supreme Court Affirms Interim Maintenance for Wife and Son in Matrimonial Dispute. Court Frames Guidelines on Maintenance Under Section 125 Cr.P.C. and Other Enactments to Ensure Uniformity and Consistency.

4 Nov 2020

The case arises from an application for interim maintenance filed by the wife and minor son under Section 125 Cr.P.C. The wife left the matrimonial ho...

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