According to the Allahabad High Court, the Court is only required to take into account the terms of the Bank Guarantee Agreement and not the provisions in the main Contract between the parties, in terms of which the guarantee was provided, when deali ..
The High Court of Delhi has ruled that there can be no arbitration when the arbitration clause's scope is restricted to the number of damages solely if the insurance company's duty to pay is acknowledged.The Justice V. Kameshwar Rao bench rul ..
The Bombay High Court has stated once more that the rules of the Code of Civil Procedure, 1908 do not have the same scope of authority as Section 9 of the Arbitration and Conciliation Act, 1996 (A&C Act), which gives courts the authority to award ..
FACTSThe Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has concluded that Section 154 of the Income Tax Act, 1961 can only be used by the Assessing Officer to correct inaccuracies that are obvious on the face of the record.The bench consis ..
The Airport Express metro line was terminated logically within three months after Delhi Airport Metro Express Pvt Ltd (DAMEPL) withdrew from operating it due to safety concerns, and the Supreme Court ordered the Delhi High Court to carry out the exec ..
The Kerala High Court highlighted that many innocent people had been wrongfully accused under the SC/ST (POA) Act.The Court made this observation while hearing an anticipatory bail application: "It is astonishing, rather mind-boggling, that many ..
The Delhi High Court has rejected a review petition that challenged the court's interpretation of the noscitur a sociis and ejusdem generis principles in a recent ruling, saying they are intended to be exceptions to the applicability of an expres ..
High Court of Allahabad held that the Chief Metropolitan Magistrate (CMM) or District Magistrate (DM) acting under Section 14 of Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 shall not be requir ..
Supreme Court Bench comprising Justices M.R. Shah and M.M Sundreshheld that Section 45 (4) of the Income Tax Act applies to dissolution cases and cases of subsisting partners of a partnership, transferring assets in favor of a retiring partner. The ..
The Supreme Court set aside a conviction of murder of a man for killing his wife and altered it as a conviction under Section 304 Part II IPC. When the court found that the incident happened inthe spur of the moment, the accused immediately tried to ..
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