Gujarat High Court Grants Interim Injunction On Immovable Property Based On 'Agreement To Sell'

The Gujarat High Court recently ordered interim injunction on an immovable property and restrained its owner from changing its status during the pendency of the suit, based on an agreement to sell arrived at between the parties.The Bench comprising Justice AP Thaker observed, "So far as the suit based on agreement to sell for specific performance of contract, even if that agreement to sell...

10 Reasons Why NCB SIT Wants More Time To Investigate Aryan Khan's Case

In its detailed application seeking extension of 90 days to file their charge sheet in the Cordelia Cruise Ship Case against Aryan Khan and others, the Special Investigations Team stated that many accused are not cooperating in the investigation. It also cited corruption allegations against "witness" KP Gosavi, in Pune police's custody in a cheating case. The agency said that they are yet...

Interest Liability Under GST Can't Be Raised Without Initiating Adjudication Process If Assessee Raises Dispute: Jharkhand High Court

The Jharkhand High Court bench of Justice Aparesh Kumar Singh and Justice Deepak Roshan has ruled that if an assessee disputes the liability of interest, either disputes its calculation or the leviability of interest, then the only option left for the Assessing Officer is to initiate a proceeding either under Section 74 or 74 of the CGST Act for adjudication of the liability...

Consumer Forum Directs Big Bazaar To Cough Up ₹1,500 For Charging ₹19 For Cloth Bag Despite NCDRC Order To Stop Practice Completely

A District Consumer Commission in Maharashtra has directed Big Bazaar, a part of Future Retail Ltd, to pay Rs 1,500 to a customer who was charged Rs 19 for a cloth bag to carry the goods bought at one of its stores. In a recent order, the bench of the Commission comprising its President Nilima Sant, and members Neeta Kankariya and Manjusha Chitlange, also directed the retail chain...

Fraudulent Claim of ITC, Revenue Interest is Protected by Attachment: Gujarat High Court Grants Bail

The Gujarat High Court bench of Justice Gita Gopi has granted bail to the accused of fraudulently availing the input tax credit (ITC) as the department has attached the immovable properties, which were much beyond the alleged GST evasion. The applicant, a designated partner and managing director of "Utkarsh Ispat LLP," which is in the business of purchasing mild steel scrap...

'Confinement Inevitable': Madras HC Denies Bail To NRI Company Director Accused Of Money Laundering, Supplying Inferior Quality Coal To PSUs

Madras High Court has refused to grant bail to Ahmed A.R Buhari, director and promoter of M/s Coastal Energen Private Limited (CEPL), accused of the offence under Section 3 of the Prevention of Money Laundering Act, 2002.Justice G. Jayachandran observed that the petitioner is alleged to have supplied Indonesian imported coal of inferior quality to Public Sector Undertakings (PSUs), routing...

IAMC Hyderabad Releases Quarterly Report, Claims Administering Disputes To The Tune Of 400 Million US Dollars

In the first Quarterly Report issued by International Arbitration and Mediation Centre (IAMC) since its inauguration, it has been claimed that disputes to the tune of 400 Million US Dollars have been administered by the Centre. The report also states that a variety of matters have been referred to the Centre by courts and tribunals, including two matters from the Supreme Court.In the...

'Hisab Kitab' Remark Case: Allahabad High Court Stays Arrest Of Mukhtar Ansari's Son & Mau MLA Abbas Ansari

The Allahabad High Court has stayed the arrest of Mau Sadar MLA Abbas Ansari, the son of jailed politician Mukhtar Ansari in connection with the Hisab-Kitab Remark case registered against him for his alleged statement threatening the government officials with payback at a public rally in Mau district earlier this month.It may be noted that at a public rally during the election campaigning,...

No Manufacturing Activity Within State , ITC Cannot Be Denied Under JVAT Act: Jharkhand High Court

The Jharkhand High Court has ruled that Input Tax Credit can be denied on Inter-State sale or transfer of stock under Section 18(8)(ix) of the Jharkhand Value Added Tax Act, 2005 only when some manufacturing activity is undertaken by the assessee in the State. The Bench, consisting of Justices Aparesh Kumar Singh and Deepak Roshan, has held that in a taxing statue there is no room...

Delhi High Court Refuses To Entertain PIL Seeking Probe Into Organizations Allegedly Siphoning Off Covid-19 Crowdfunds For Terrorist Activities

The Delhi High Court on Tuesday refused to entertain a public interest litigation seeking probe into several foreign organizations that collected crowd funds under the garb of helping India amid the second wave of COVID-19 pandemic in April 2021 and allegedly siphoned off the same for funding terrorist activities.The Division Bench of Acting Chief Justice Vipin Sanghi and Justice Navin...

Director Can't Be Prosecuted U/S 138 Of Negotiable Instruments Act If Company Is Not Arraigned As Accused: Chhattisgarh High Court

The Chhattisgarh High Court recently held that a director could not be prosecuted under Section 138 of the Negotiable Instruments Act without the company being arraigned as an accused. Justice Gautam Bhaduri allowed the petition to quash the impugned orders and noted that only directors of the company are made the accused without making specific averments about the role played by them,...

K-Rail Silverline - No Illegality In State Invoking LARR Act For Land Acquisition : Kerala High Court

The Kerala High Court on Tuesday held that the State government was justified in acquiring land in furtherance of its K-Rail SilverLine Project invoking provisions of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR Act)Justice N. Nagaresh observed that the Railways Act, 1989 would not apply to this case since the Silver...