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Supreme Court of India

Proceedings under Section 138 of N. I. Act is not a civil suit

March 18, 2022 26997 Views 0 comment Print

Tedhi Singh Vs Narayan Dass Mahant (Supreme Court of India) The Trial Court and the First Appellate Court have noted that in the case under Section 138 of the N. I. Act the complainant need not show in the first instance that he had the capacity. The proceedings under Section 138 of the N. I. […]

HC not justified in disposing Appeal with a One Paragraph Order: SC

March 17, 2022 4371 Views 0 comment Print

SC held that In our view, the High Court was not right and justified in disposing of the appeal with one paragraph order without discussing the issues which arose for consideration.

One Time Settlement payment default due to CoVID: SC grants relief

March 17, 2022 2967 Views 0 comment Print

Ganga Foundations Pvt. Ltd. Vs The State Bank of India (Supreme Court of India) The petitioner had availed loan from the State Bank of India. Since, there was default in repayment of the loan, the petitioner entered into a One Time Settlement under the OTS Scheme with the bank in November, 2020. The petitioner, out […]

Negligence cannot be treated to be misconduct- No action For Passing A Wrong Order

March 17, 2022 6417 Views 1 comment Print

Abhay Jain Vs High Court Of Judicature For Rajasthan And Anr (Supreme Court) SC held that the appellant may have been guilty of negligence in the sense that he did not carefully go through the case file and did not take notice of the order of the High Court which was on his file. This […]

Employee’s Compensation Act: Interest payable from accident date

March 15, 2022 4179 Views 0 comment Print

Shobha & Ors. Vs  Chairman, Vithalrao Shinde, Sahakari Sakhar Karkhana Ltd. & Ors. (Supreme Court) As per Section 4A of Employee’s Compensation Act, 1923 compensation under Section 4 shall be paid as soon as it falls due. It can be seen that the liability to pay the interest on the amount of compensation due and payable would […]

On termination of conciliation under MSMED Act the dispute between the parties can be resolved by arbitration- SC

March 14, 2022 2808 Views 0 comment Print

In the instant case, MSME Council had passed an impugned order directing the appellant to make payment to the respondent without giving sufficient opportunity to the appellant to participate in the arbitration proceeding. If the appellant had not submitted its reply at the conciliation stage, or failed to appear, Council could, at best, have recorded failure of conciliation and proceeded to initiate arbitration proceedings to adjudicate the dispute and make an award.

Section 194A TDS not deductible on interest paid to Agra Development Authority: SC

March 14, 2022 2085 Views 0 comment Print

Union Bank of India Vs Additional Commissioner of Income Tax (TDS) (Supreme Court of India) Whether the appellant was required by the provisions of Section 194A of the Income Tax Act 1961 to deduct tax at source on payments of interest made to the Agra Development Authority. The issue which is raised in the present […]

WEF 06.08.2014 Pre-Deposit Mandatory under Section 129E of Customs Act, 1962: SC

March 13, 2022 3813 Views 0 comment Print

Chandra Sekhar Jha Vs Union of India & Anr (Supreme Court of India) The first proviso of Section 129E of the present Section enacts a limitation on the total amount which can be demanded by way of pre-deposit. The first proviso provides that the amount required to be deposited should not exceed Rs.10 Crores. In […]

SARFAESI – Borrower cannot claim Discharge merely by Paying Highest Bid Amount If Bank Dues are more

March 13, 2022 4797 Views 0 comment Print

Bank of Baroda Vs Karwa Trading Company (Supreme Court of India) SC held that Section 17 of the SARFAESI Act was not justified in directing to release the mortgaged property and handover the possession along with the original title deeds to the borrower on payment of Rs.48.65 lakhs only which was the base price/ reserve […]

No Service Tax on Screening films in multiplex on Revenue Sharing basis: SC

March 13, 2022 5319 Views 0 comment Print

Commissioner of Service Tax Vs Inox Leisure Ltd. (Supreme Court of India) Supreme Court upheld the order of CESTAT and held that Service Tax is not payable by Appellant on  Screening films in their multiplex on Revenue Sharing basis. Earlier CESTAT held that the appellant is not liable to pay Service Tax for Screening of […]

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