Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
Limitation in customs appeals permits exclusion for bona fide refund proceedings, enabling restoration of Bill of Entry assessment challenges on merit...
Warehousing permission requires deposit at the designated bonded warehouse; unauthorised diversion triggers confiscation, redemption fine and importer...
Page of 4800
Press 'Enter' after typing page number.
181 to 200 of 96000 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The Supreme Court examined whether the Public Premises Act, 1971 overrides the Arbitration and Conciliation Act, 1996, and if there was any error in appointing an arbitrator u/s 11 of the latter Act. The Court held that the dispute related to promises arising from an agreement dated 26.09.2012, concerning the right of renewal and the legality of enhanced demand, which subsisted until 11.09.2015. The Public Premises Act did not apply to this period, and the dispute depended on interpreting the agreement terms. The High Court did not err in appointing an arbitrator u/s 11, as the revision of storage charges and right of renewal arose during the contract's subsistence and were covered by the arbitration clause. The Court dismissed the appeal and imposed costs of Rs. 50,000 for unnecessary litigation.
The Supreme Court examined whether the Public Premises Act, 1971 overrides the Arbitration and Conciliation Act, 1996, and if there was any error in appointing an arbitrator u/s 11 of the latter Act. The Court held that the dispute related to promises arising from an agreement dated 26.09.2012, concerning the right of renewal and the legality of enhanced demand, which subsisted until 11.09.2015. The Public Premises Act did not apply to this period, and the dispute depended on interpreting the agreement terms. The High Court did not err in appointing an arbitrator u/s 11, as the revision of storage charges and right of renewal arose during the contract's subsistence and were covered by the arbitration clause. The Court dismissed the appeal and imposed costs of Rs. 50,000 for unnecessary litigation.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4800
Join Channel
TaxTMI 
