Supreme Court held that the court is powerless to modify award and can only set aside partially, or wholly, an award. Accordingly, High Court has no reason to interfere with the arbitrator’s finding on interest accrued and payable.
Understand Supreme Court’s verdict on taxing surplus funds and FD interest income of clubs. Analysis of mutuality principle and its implications. Learn more.
In present facts of the case, the Hon’ble Apex Court while allowing the appeal have observed that the report of a surveyor appointed by the insurance company may be considered as evidence while settling a claim, more evidence on record could be used to rebut the contents of the same.
V. Senthil Balaji Vs State Represented By Deputy Director And Ors (Supreme Court Judgment) In the case of V. Senthil Balaji vs. State Represented By Deputy Director and Others, the Supreme Court of India provided a detailed interpretation and analysis of various legal provisions related to the arrest, custody, and investigation of individuals under the […]
In present facts of the case, it was held that Section 19(3) of Prevention of Corruption Act clearly forbids the court in appeal, confirmation or revision, the interference with the order passed by the Special Judge on the ground that the sanction by the government was bad, save and except in cases where the appellate or revisional court finds that the failure of justice had occurred by such invalidity.
Insights into the Supreme Court ruling on imposition of interest and penalty on customs duty, CVD, in Union of India & Ors. vs Mahindra and Mahindra Ltd.
In present facts of the case, the Hon’ble Supreme Court observed that it is not a defamation to prefer in good faith an accusation against any person to any of those who have lawful authority over that person with regard to the subject-matter of accusation.
In the present case, the investigation was aimed at detecting tax evasion. Thus, seizure of cash which did not form part of the stock in trade was not justified. Accordingly, the retention of such cash by the Revenue department was not correct.
Detailed case analysis of Ketan Modi vs Union of India & Others. Uncover the Supreme Court’s decision on reward reconsideration in a tax evasion revelation.
Supreme Court condones 707-day delay in tax refiling by Surya Vinayaka, directs Delhi High Court to reconsider the appeal based on its merits.
