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Interest Component Of EMI Of Loan Availed On Credit Card Is Not Exempt From IGST: Calcutta High Court
The Calcutta High Court has ruled that the interest component of the Equated Monthly Instalments (EMIs) of a loan advanced by a bank on a credit card is not exempt from IGST. The Single Bench of Justice Hiranmay Bhattacharyya held that the services rendered by the bank by way of extending loans amounted to credit card services and hence, the interest component of the EMI of the said...
Muslim Law | Partition Deed Executed By Mother On Behalf Of Minor Children Acting As Their Guardian Not Valid: Kerala High Court
The Kerala High Court on Tuesday observed that a partition deed executed by a Muslim mother on behalf of her minor children acting as their guardian is not valid going by the precedents of the Supreme Court.The Division Bench of Justice P. B Suresh Kumar and Justice C.S Sudha observed that while there was nothing in the personal law prohibiting the same, it was bound by the precedents of...
Bombay High Court Upholds Disqualification Of Tata Motors From Electric Buses Tender Invited By BEST; Also Sets Aside Grant To Evey Trans
The Bombay High Court on Tuesday upheld Brihanmumbai Electric Supply & Transport's (BEST) decision to disqualify Tata Motors' bid for operation of electric buses. A division bench of Justices Sanjay Gangapurwala and M.J. Jamdar observed that the company had deviated from the "material and the substantial term" of the tender and thus, BEST had rightly disqualified it from the...
IBBI Notifies Amendments To Insolvency Professional Regulations
The Insolvency and Bankruptcy Board of India ("IBBI") vide a notification dated 04.07.2022 in the Gazette of India (Extraordinary) has notified amendments to the IBBI (Insolvency Professionals) Regulations, 2016. These amendments have come into force on 04.07.2022. The following clauses have been inserted in the Insolvency Professional Regulations: Clause 8B: Insolvency...
Lack Of Clarity In Averments Not Ground To Dismiss An Application As Non-Maintainable: Delhi High Court
Observing that maintainability and clarity of averments in an application are two entirely different concepts, the Delhi High Court has observed that an application which may be unclear or wanting in requisite details, does not suffer from maintainability on that ground alone.Justice C Hari Shankar was dealing with a plea challenging an order dated 24th March, 2022 passed by the...
Plea Of Territorial Jurisdiction Or Lack Thereof Cannot Be Entertained In A Transfer Petition U/Sec 25 CPC : Supreme Court
The Supreme Court observed that its jurisdiction under Section 25 of CPC cannot be extended to determine the question of territorial jurisdiction of the proceedings.The plea of jurisdiction or the lack of it can be prompted before the Court in which the proceedings are pending, Justice JK Maheshwari observed.In this case, Neilan International Co. Ltd. filed a...
Madras High Court Issues Directions For Registration And Inspection Of All Old Age Homes In The State, Directs Setting Up Of Grievance Cell
Elaborating on the thought that the measure of a society is the way in which it treats its most vulnerable, the Madras High Court recently issued a slew of directions to the State Government for proper maintenance of the Old Age Homes in the state. These directions involved frequent inspections, compliance to the executive orders, registration of old age homes, maintenance of...
Kerala High Court Asks State To Ensure Drop Boxes In Schools For Students To Submit Their Complaints Anonymously
The Kerala High Court on Monday directed the Education Department to install drop boxes in all schools in the State for students to submit their grievances and concerns anonymously. A Division Bench of Chief Justice S Manikumar and Justice Shaji P Chaly issued the order finding that circulars issued by the government in this regard had not been implemented in all schools."We are of the view...
Supreme Court Stays Army Disciplinary Proceedings Against Retired Brigadier In Misappropriation Case
The Supreme Court on Wednesday granted relief to retired Brigadier SK Gupta against whom disciplinary proceedings have been initiated for allegedly committing misappropriation of Medical Stores while being posted as Commandant, Base Hospital, Lucknow.Brigadier SK Gupta was found blameworthy by the Court of Inquiry of committing fraud of worth crores of rupees, with the active connivance of...
Purchaser Of Suit Property Cannot File Application Under Order XXI Rule 97 CPC Objecting Execution Of Decree By Decree Holder: Supreme Court
The Supreme Court observed that purchaser of the suit property from the decree holder is not entitled to file an application under Order XXI Rule 97 of Code of Civil Procedure Code, 1908 objecting execution of the decree by the decree holder.BackgroundIn this case, a Suit filed by late Shri N.D. Mishra was decreed by the Trial Court restraining the defendant from obstructing the plaintiff from...
Bombay High Court Allows Release Of "Khuda Haafiz 2" As Producers Agree To Changes Recommended By CBFC
The Bombay High Court disposed of a petition against the release of the movie Khuda Haafiz Chapter II after it was informed that changes suggested by the Central Board for Film Certification (CBFC) were already made and additional changes to the film's trailer would be reflected before its release, on July 8, 2022. The film is produced by Cinergy, Panorama Studios and...