SC rules Sub-Registrars cannot verify vendor’s title during registration; Rule 55A(i) of Tamil Nadu Registration Rules declared inconsistent with Registration Act.
Supreme Court declares Rule 55A(i) of Registration Rules ultra vires, stating Sub-Registrar’s duty is procedural, not title verification.
SC held that a duly signed cheque, even if filled by someone other than drawer, can invoke Section 138 of Negotiable Instruments Act. A voluntarily signed blank cheque given towards a payment carries presumption under Section 139 unless rebutted with strong evidence.
Supreme Court rules in Batliboi v HPCL that arbitral damages must reflect actual loss, not be a windfall. Discusses formulae flaws & public policy review pre-2016.
Supreme Court sets aside High Court ruling in S.M. Overseas tax case, restores ITAT order on reassessment under Sections 147/148 of Income Tax Act.
Supreme Court allows Fork Media’s exemption plea, seeks clarity on Cenvat Credit usage rejected earlier by High Court due to lack of evidence.
Supreme Court grants benefit of doubt to Gastrade International due to inconclusive evidence in HSD vs Base Oil classification dispute. Read the case summary.
Present matter involves Nowheira Shaik who is executive Chairperson and Founder of the Heera Group. He is accused to have been involved in cheating various investors. Accordingly, to refund the investors ED had attached 96 properties.
Supreme Court grants mutual divorce in Arun Arya vs. Parul Singh, transferring flat ownership to wife and exempting stamp duty under Registration Act.
Supreme Court alters Telangana HC order, reducing interest rate on TSI Business Parks’ income tax refund to 6% as per statute.
