High Court of Punjab and Haryana held that -If vehicle is registered in India, insurance Company is liable to pay compensation without any extra premium for extraterritorial coverage.
THE SUPREME COURT HELD THAT entities created with the object of advancing general public utility cannot seek exemption under the Income Tax Act 1961 under the head "charitable purposes" if they are engaging in any trade, business, commerce or providi
No Offence for dishonor of cheque under provisions of Section 138 of the NI Act, 1881 is made out if the cheque is presented for full amount without endorsing the part payment made by the borrower after issuance of the cheque.
Held that - Any payment by a closely held company by way of advance or loan to a concern in which a substantial shareholder is a member holding a substantial interest is deemed to be "dividend" on the presumption that the loans or advances would ulti
Whether the decision of the Board of Directors to write off the bad debt and operation of bank Account warrants judicial interference in respect of Oppression and Mismanagement of Companies?
The provisions of Section 236 of the Companies Act, 2013 specifically provides the procedure of acquisition of shares of minority, when a person personally or acting in concert with acquirer, acquires 90% or more issued share capital of the company b
Since the CIT(A) has erred in holding that the assessee has not filed the return u/s 139(1) of the I.T. Act and denied the benefit u/s 115BAA of the I.T. Act, we reverse the decision of the CIT(A) on this point. Therefore, hold that the assessee is e
For insurance claim under MVA,1988 in case of driver of a borrowed motor vehicle personal insurance is necessary. A person driving a motor vehicle of his /her friend enters into shoes of the owner of the vehicle and his/her heirs or legal representat
It a well settled fact that experience of a holding company will be considered as experience of subsidiary or vice-versa. If a holding company has experience in a field in which its subsidiary does not has any experience and subsidiary applies along
The Supreme Court set aside the National Consumer Disputes Redressal Commission's order requiring Bajaj Allianz General Insurance to pay Rs. 64 Lakhs by way of compensation to Madhya Pradesh government for wrongful repudiation of a claim of damages t
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India