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Pondicherry Act for protecting interests of small depositors is Valid – SC

Case Name : New Horizon Sugar Mills Vs Government of Pondicherry (Supreme Court of India)
Appeal Number : Civil Appeal Nos. 6673 6674 of 2009
Date of Judgement/Order : 27/09/2012
Related Assessment Year :
Courts : Supreme Court of India (2371)

Non-compete fees to form part of price offered to public shareholders if payment to promoters not justified

Case Name : IP holding Asia Singapore Pte. Ltd. Vs Securities & Exchange Board of India (Securities Appelate Tribunal Mumbai)
Appeal Number : Appeal No. 130 OF 2011
Date of Judgement/Order : 12/09/2012
Related Assessment Year :
Courts : Securities Appellate Tribunal (38)
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Secretary of Society is Public Servant & can be booked for Corruption – HC

Case Name : S. Karunakaran Vs The State rep. by the Inspector of Police,Vigilance and Anti Corruption Coimbatore (Madras High Court)
Appeal Number : Crl.R.C.No. 1099 of 2006
Date of Judgement/Order : 29/07/2009
Related Assessment Year :
Courts : All High Courts (13929) Madras High Court (1758)

Property seller can forfeit buyer’s earnest money – SC

Case Name : Satish Batra Vs. Sudhir Rawal (Supreme Court of India)
Appeal Number : Civil Appeal No. 7588 of 2012 arising out of SLP (Civil) No. 4605 of 201
Date of Judgement/Order : 18/10/2012
Related Assessment Year :
Courts : Supreme Court of India (2371)

Mere breach of contract would not entitle one to claim damages

Case Name : Tower Vision India (P.) Ltd. Vs Procall (P.) Ltd. (Delhi High Court)
Appeal Number : CO. Pet. Nos. 302 of 2009, 393 & 458 of 2010†
Date of Judgement/Order : 24/08/2012
Related Assessment Year :
Courts : All High Courts (13929) Delhi High Court (3368)

Trust deed is to be treated as settlement deed & would be chargeable to stamp duty

Case Name : P.N. George Wilson Vs State (Madras High Court)
Appeal Number : W.A. NO. 1197 OF 2012
Date of Judgement/Order : 17/07/2012
Related Assessment Year :
Courts : All High Courts (13929) Madras High Court (1758)

Sanctity of order of court matters rather than higher bid offered at a later stage after the bid was accepted

Case Name : P.S.G. Krishnan Vs Official Liquidator of Rekha Cements and Chemical Ltd. (In Liqn.) (Karnataka High Court)
Appeal Number : Co. Application No. 1258 1259, 1284 & 1285 Of 2012
Date of Judgement/Order : 17/10/2012
Related Assessment Year :
Courts : All High Courts (13929) Karnataka High Court (634)
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If company did not dispute claim of creditor-bank, winding up petition against company is to be admitted

Case Name : Vikash Metal and Power Ltd. Vs Corporation Bank (Calcutta High Court)
Appeal Number : A.P.O. NOS. 373 & 374 OF 2012
Date of Judgement/Order : 16/10/2012
Related Assessment Year :
Courts : All High Courts (13929) Calcutta High Court (840)
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Appointment of Chairman can not be called mala-fide merely because his appointment terms undergo changes

Case Name : Saroj Bala Vs Union of India (Delhi High Court)
Appeal Number : W.P. (C) No. 8126 OF 2011
Date of Judgement/Order : 09/10/2012
Related Assessment Year :
Courts : All High Courts (13929) Delhi High Court (3368)
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Sale of property despite Court’s injunction is contempt of Court

Case Name : ASA Agencies (P.) Ltd. Vs G. Sagar Suri (Delhi High Court)
Appeal Number : CCP Nos. 7 of 2010 & 13 of 2009
Date of Judgement/Order : 06/08/2012
Related Assessment Year :
Courts : All High Courts (13929) Delhi High Court (3368)

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