Invocation Of Arbitration Clause In Tender Document Is Possible Only If Purchase Order Is Placed: Orissa High Court

The Orissa High Court has ruled that till a purchase order is issued by the tenderee pursuant to the acceptance of an offer to supply, no completed 'contract' arises between the parties and thus the arbitration clause contained in the tender document is not attracted. The Single Bench of Chief Justice Dr. S. Muralidhar reiterated that the arbitration clause contained in the...

SARFAESI Proceedings Cannot Be Continued Against Corporate Debtor Once CIRP Is Admitted And Moratorium Is Ordered: Supreme Court

The Supreme Court observed that the proceedings under the SARFAESI Act cannot be continued once the CIRP is initiated and the moratorium is ordered.The bench comprising Justices L. Nageswara Rao and B R Gavai noted that, in such a situation, any action to foreclose, recover or enforce any security interest created by the Corporate Debtor in respect of its property including any action under...

Allahabad High Court Dismisses PIL To Connect All Places Where Lord Rama Took Rest At Night During His 'Ban Gaman'

The Allahabad High Court recently dismissed a Public Interest Litigation (PIL) plea seeking a direction to the State Government to construct the 'Ram Ban Gaman Marg' as per the historical evidence and to connect all such places where Lord Rama took rest at night during his forest Travel (Ban Gaman/वन-गमन).The Bench of Chief Justice Rajesh Bindal and Justice J. J. Munir observed that...

Assessment Can't Be Reopened On Mere Change Of Opinion Of AO: Bombay High Court

The Bombay High Court, while quashing the reassessment notice, held that the assessment could not be reopened on a mere change of opinion of the Assessing Officer (AO). The division bench of Justice K.R. Shriram and Justice N.R. Borkar observed that the reopening of assessment was merely on the basis of a change of opinion of the Assessing Officer from that held earlier during...

'Governor Bound By State Cabinet's Advice For Sentence Remission Under Article 161' : Supreme Court Criticises TN Governor In Perarivalan Case

While releasing A.G. Perarivalan, one of the convicts in the Rajiv Gandhi assassination case, the Supreme Court, on Wednesday, expressed concern that the remission petition of Perarivalan and the recommendation of the Tamil Nadu Cabinet was pending with the Governor for almost two and half years, before it was referred to the President. In this regard, the Bench observed...

Delhi High Court Directs Designated Committee To Manually Process Payments Of Assessee Under SVLDR Scheme

The Delhi High Court bench of Justice Rajiv Shakdher and Justice Poonam A. Bamba has directed the designated committee to manually process payments of an assessee under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS). The petitioner/assessee, while taking recourse to the SVLDRS to avail the benefits provided, had attempted to remit the "amount...

No Further Verification Required If Cash Deposit Is Up To Rs 2.5 Lakhs During The Demonetization: ITAT Delhi

The Delhi Bench of ITAT, consisting of judicial member Chandra Mohan Garg, has held that no further verification is required in the case of an individual earning income from salary, who has deposited an amount of up to Rs 2,50,000 during the demonetization period. The assessee Aniket Agarwal filed his income tax return, which was selected for limited scrutiny to verify the cash...

AO & PCIT Failed To Consider Balance Of Convenience And Irreparable Injury While Deciding The Stay Application: Delhi High Court

The Delhi High Court bench of Justice Manmohan and Justice Dinesh Kumar Sharma has held that neither the Assessing Officer nor the Principal Commissioners of Income Tax (PCIT) have considered the three basic principles, i.e., the prima facie case, balance of convenience, and irreparable injury, while deciding the stay application. The petitioner company/assessee filed an application...

NSE Co-Location Scam: Former CEO Chitra Ramkrishna Moves Delhi High Court Seeking Bail

Former NSE CEO Chitra Ramkrishna has moved the Delhi High Court seeking bail in connection with the co-location scam case being investigated by the Central Bureau of Investigation (CBI). Justice Talwant Singh, before whom the matter was listed today, recused from hearing the bail plea. The same has now been listed for May 20. Chitra Ramkrishna was denied bail by Special Judge of city's...

On 21st May- Celebrating The Life: Event In Memory Of Justice Mohan Shantanagoudar

The Dharwad Bench of the Karnataka High Court Advocates' Association is organising an event 'Celebrating the Life' in memory of late Supreme Court Judge Justice Mohan Shantanagoudar this coming Saturday, May 21st at 10:30 am. The event will be held at the Farmer's Knowledge Centre Auditorium in the University of Agricultural Sciences, Dharwad. Justice Vineet Saran, Former Judge, Supreme Court...

Government Notifies Relaxation In Wheat Export Notification

The government has announced some relaxation to its order dated 13th May issued by Directorate General of Foreign Trade (DGFT) on restricting wheat exports. The government decided that wherever wheat consignments have been handed over to Customs for examination and have been registered into their systems on or prior to 13.5.2022, such consignments would be allowed to...

Can't Levy Betterment Charges Under Town Planning Act For Mere 'Alterations' To Existing Building: Karnataka HC Grants Relief To 150-Yrs Old School

The Karnataka High Court has recently quashed the order passed by Bruhat Bengaluru Mahanagara Palike (BBMP) demanding payment of betterment charges/ fee from an over 150 year-old school which proposes to construct additional floors on the existing school campus by way of an extension. A single judge bench of Justice M Nagaprasanna allowed the petition filed by Good Shepherd Convent...