Supreme court
![[Arbitration and Conciliation Act, 1996] Arbitral Award Cannot Be Set Aside Merely On The Ground Of Erroneous Application Of Law Or By Misappreciation Of Evidence : Supreme Court [Arbitration and Conciliation Act, 1996] Arbitral Award Cannot Be Set Aside Merely On The Ground Of Erroneous Application Of Law Or By Misappreciation Of Evidence : Supreme Court](https://www.livelaw.in/h-upload/2022/02/23/500x300_410405-arbitration-and-conciliation-act.jpg)
Arbitral Tribunal Cannot Rewrite Contract Or Grant Relief Against Its Terms : Supreme Court
The Supreme Court has reiterated that an arbitral tribunal cannot rewrite the parties' contract or grant relief contrary to its terms. A bench of Justice Sanjay Kumar and Justice Sanjeev Sachdeva heard the dispute that arose from a property development transaction between the parties. The matter was referred to arbitration, where the majority of the arbitral tribunal granted relief in favour of the respondents, including specific performance. The arbitral award was challenged before the...

'Legislature Cannot Directly Annul Judgment' : Supreme Court Strikes Down 2022 Karnataka Law Validating Tainted 2011 Civil Service Selection
The Court directed the State Government to initiate fresh recruitment for the vacant Group A and Group B posts, granting a one-time age relaxation to candidates from the 2011 recruitment.

S. 147 Income Tax | Assessment Can Be Reopened Based On Fresh Material If No Opinion Was Formed In First Instance : Supreme Court
"But where the point was well considered in the original proceedings, reassessment merely because the AO now takes a different view on the same facts is a change of opinion."

Delay In Appeal Under S. 74 Of 2013 Land Acquisition Act Cannot Be Condoned: Supreme Court Disagrees With Precedent
The 120-day timelimit for filing the appeals is inflexible, the Courtsaid.

S.29A Arbitration Act | Tribunal's Mandate Can Be Extended Even After Expiry Of Statutory Period And Passing Of Award : Supreme Court
The Supreme Court has held that an application under Section 29A (5) of the Arbitration and Conciliation Act, 1996, seeking an extension of an arbitral tribunal's mandate is maintainable even after the statutory time limit has expired and an award has been rendered in the meantime. A bench of Justice Ujjal Bhuyan and Justice Atul S. Chandurkar clarified that if the mandate is extended, the tribunal can resume proceedings from the stage at which its mandate expired and complete the arbitration...

Income Tax | Reassessment Proceedings Can't Be Done If Notice Under S.143(2) Wasn't Issued : Supreme Court
The Supreme Court has held that the Revenue's failure to serve a notice under Section 143(2) of the Income Tax Act on an assessee would render the reassessment proceedings vitiated. “A notice under Section 143(2) of the Act is mandatory, as it grants the Assessee an opportunity to produce or cause to be produced any evidence or particulars based on which the Assessee claims relief. A notice under section 143(2) of the Act is sine qua non for a proceeding for reassessment under Section 147 of...

Supreme Court Refuses Mahua Moitra's Plea To Mandate Disclosure Of Ultimate Beneficial Owners Of AIFs & FPIs
The Court observed that in the absence of an existing legal framework, it cannot issue such a direction.

Supreme Court's Requests To Courts Or Tribunals Must Be Treated As Directions : Supreme Court
The Supreme Court has observed that any request made by it to a court or tribunal must be construed as a direction, warning that non-compliance with such directions would be viewed seriously. A bench of Justice J.B. Pardiwala and Justice K. Vinod Chandran has expressed displeasure over the National Company Law Appellate Tribunal's (NCLAT) failure to hear a company appeal despite an earlier order requesting it to do so. “When the Supreme Court makes a request to any Court or Tribunal, it has to...

Supreme Court Daily Round-Up : October 28, 2026
Links to the reports of October 28 :Collegium System Works Just Like Government Appointing Judges : Justice Rekha SharmaS. 43B Income Tax | Unpaid Excise Duty Cannot Be Disallowed If No Deduction Was Claimed : Supreme CourtIBC | Lender Influencing Corporate Debtor's Policy Decisions Is Related Party, Cannot Join CoC: Supreme CourtEx-TN Minister KN Nehru Moves Supreme Court Against Madras HC Direction For FIR Registration Based On ED MaterialsLife Sentences For Different Offences Can't Run...

Supreme Court Cancels Bail Of Man Accused Of Sharing Sensitive Military Information With Pakistan
The Supreme Court on Monday set aside a Rajasthan High Court order that had granted regular bail to an accused in an espionage case solely because the grounds of arrest were not furnished to him in writing.“A hyper-technical objection regarding the form or mode of communicating grounds of arrest cannot be treated as a self-executing, blanket key to unlock regular bail, bypassing the core parameters governing bail jurisprudence,” the bench held.A bench of Justice MM Sundresh and Justice Prasanna...

