Judgements and Orders, Supreme Court and High courts of India



The Apex Court held that - Dispute resolution clause in MoU used words "Mediators/Arbitrators", "any breaches" and "decision to be final" is not an Arbitration Clause /Agreement.

Posted in Corporate Law |   236 Views



The proceedings under Arbitration & Reconciliation Act, 1996 and SARFAESI Act, 2002 can go hand in hand and matters on which SARFAESI Act,2002 are applicable can be referred to the Arbitration. The court further held that the provisions of SARFAESI A

Posted in Income Tax |   151 Views



Property sold by Secured Creditor in an Auction Sale under SARFAEsi Act, 2022 -held valid( Supreme Court)

Posted in Income Tax |   620 Views



Statutory Right of third party to be compensated U/S 149 MV Act, evenif vehicle owner contests Claim.

Posted in Income Tax |   143 Views



LTC will be exempt only in cases where travel begins and ends into India and with shortest roust as may be prescribed. In case of foreign travel, no exemption of LTC will be available u/s 10(5) of the IT Act,1961 and employer is required to deduct TD

Posted in Income Tax |   257 Views



THE KERALA HIGH COURT held that the stipulation under Section 157(2) of the Motor Vehicles Act, 1988 to intimate about the transfer of a vehicle to the Insurance Company within a period of 14 days of such transfer is only directory in nature, and not

Posted in Corporate Law |   999 Views



The above decision of the Apex Court in various cases clearly point out the importance of drafting of Repudiation Letter by insurance companies. A Repudiation Letter is an important document in a suit of insurance claim. The wordings of Repudiation L

Posted in Corporate Law |   649 Views



'Hit and run motor accident' means an accident arising out of the use of a motor vehicle or motor vehicles the identity whereof cannot be ascertained in spite of reasonable efforts for the purpose. The Motor Vehicles Act, 1988 (for short, Act, 1988)

Posted in Corporate Law |   264 Views



The Hon'ble Karnataka High Court in M/sShailaja Chandrashekar v. Additional Commissioner of Central Tax (Appeals), [Writ Petition No. 17778/ 2022 (T-RES) dated October 13, 2022] held that an Appeal under Section 107 of the Central Goods and Services

Posted in GST |   284 Views



The AAR, Haryana in the matter of M/s Rites Ltd. [Advance Ruling No. HR/ARL/19/2022-23 dated October 18, 2022], Re has passed a ruling on the taxability of amount collected or received or forfeited as Notice Pay Recovery, Bond forfeiture of contractu

Posted in GST |   269 Views



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