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Supreme Court of India

SC Sustains Imposition of Restrictions on Import of Peas & Pulses

September 14, 2020 1437 Views 0 comment Print

Union of India Vs Agricas LLP and Others etc. (Supreme Court) In the instant case, the Writ Petition is filed by challenging the imposition of restrictions on import of Peas and pulses. As per petitioner, the notifications issued by the DGFT had the effect of modifying or amending the EXIM policy as the specified items […]

Motor Vehicle Compensation can also be Granted to Children & Parents

September 11, 2020 21366 Views 0 comment Print

Supreme Court in a recent ruling has observed that in the Motor Accident Compensation Claims, that the children and family would also be authorized for compensation under ‘Loss of consortium’ in claims of Motor Accident under the Act.

Bangalore Club not liable to pay wealth tax, SC explains Rule 21AA applicability

September 10, 2020 1797 Views 0 comment Print

Bangalore Club Vs CIT (Supreme Court) 1. In the year of grace 1868, a group of British officers banded together to start the Bangalore Club. In the year of grace 1899, one Lt. W.L.S. Churchill was put up on the Club’s list of defaulters, which numbered 17, for an amount of Rs.13/- being for an […]

Corporate Debtor cannot raise dispute post approval of Resolution plan by Committee of Creditors: SC

September 4, 2020 1437 Views 0 comment Print

Karad Urban Cooperative Bank Ltd. Vs. Swwapnil Bhingardevay (Supreme Court) If all the factors that need to be taken into account for determining whether or not the corporate debtor can be kept running as a going concern have been placed before the Committee of Creditors and the CoC has taken a conscious decision to approve […]

SC allows 10 years time to Telecom Companies to pay AGR dues

September 3, 2020 1074 Views 0 comment Print

(i) That for the demand raised by the Department of Telecom in respect of the AGR dues based on the judgment of this Court, there shall not be any dispute raised by any of the Telecom Operators and that there shall not be any re­assessment. (ii) That, at the first instance, the respective Telecom Operators shall make the payment of 10% of the total dues as demanded by DoT by 31.3.2021.

Date of Award is Date of Accrual of Gains under Section 45 in case of Compulsory Acquisition

September 2, 2020 1545 Views 0 comment Print

The issue under consideration is whether the High Court was right in taking the date of award as the date of accrual of capital gains for the purpose of Section 45 of the Act of 1961?

Custom Duty is to be paid when condition of exemption not fulfilled

September 1, 2020 1221 Views 0 comment Print

L. R. Brothers Indo Flora Ltd. Vs Commissioner of Central Excise (Supreme Court of India) The factual matrix leading to the present appeal is that the appellant M/s. L.R. Brothers Indo Flora Ltd. is a 100% Export Oriented Unit3 and engaged in production of cut flowers and flower buds of all kinds, suitable for bouquets […]

SC explains Excise Valuation Principal for under Invoiced Goods pre & Post 01.07.2000

August 24, 2020 1521 Views 0 comment Print

Commissioner of Central Excise Vs Cera Board and Doors (Supreme Court) In fine, these appeals are disposed of, confirming the impugned orders of CESTAT setting aside the Orders ­in­ Original passed by the Adjudicating Authorities and remanding the matters back for re­adjudication. However, while carrying out the exercise of re­adjudication, the Adjudicating Authorities should keep […]

SC Overrides Agreement while Compensating Flat Buyer for delayed possession

August 24, 2020 49422 Views 2 comments Print

Delays and defaults are common in real estate development. The Flat buyers are usually left in the lurch where the Developer delays the delivery of the constructed units incessantly. This prompted the government to enact Real Estate (Regulation and Development) Act, 2016.

SC allows CBI probe into Sushant Singh Rajput Death Case

August 19, 2020 855 Views 0 comment Print

Rhea Chakraborty Vs State of Bihar & Ors. (Supreme Court) Supreme Court in a deserving case, can invoke Article 142 powers to render justice. The peculiar circumstances in this case require that complete justice is done in this matter. How this is to be achieved must now be decided. As noted earlier, as because both […]

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