The Supreme Court corrected errors in income and disability evaluation in a motor accident claim. It held that notional income under the Second Schedule was inappropriate and recalculated compensation on a realistic basis.
Specific performance was refused as readiness and willingness were not established on the due date. Applying equity after prolonged delay, the Court substituted enforcement with a ₹3 crore lump-sum.
The Court held that a lawful auction cannot be scrapped merely because the authority expects a better price later. Once the highest bid exceeds the reserve price and no illegality exists, cancellation is arbitrary.
The Court held that a later sworn admission by the employer conclusively proved employment and work-related death. The High Court erred by ignoring this and upsetting a valid factual finding.
The judgment clarifies that courts must first be satisfied about sufficient cause for delay before entertaining a belated cheque bounce complaint. Any reverse procedure violates Section 142 of the NI Act.
The ruling emphasizes that registering numerous FIRs in mass fraud cases is unnecessary and burdensome. Courts must focus on whether the acts constitute the same transaction under criminal procedure law.
The Supreme Court held that an undertaking to arrange fund infusion does not amount to a guarantee under contract law. Without a clear promise to discharge the borrower’s debt, no liability can be enforced against the promoter.
The Supreme Court reinstated a judicial officer removed solely for granting bail without citing a statute in four cases. The Court emphasized that judicial errors alone cannot justify disciplinary action and awarded full back wages.
The issue was whether Section 74 penalties apply when tax is paid later but monthly returns were not filed. SC upheld that wilful suppression through non-filing justifies penalty despite subsequent payment.
The Court held that export consignments are regulated by the Foreign Trade Policy, not domestic food safety norms. FSSAI standards cannot be enforced unless expressly incorporated into the FTP.
