Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
Unsubstantiated exempt agricultural income claim sustains concealment penalty after disclosure only on departmental detection and no bona fide evidenc...
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The Supreme Court set aside the High Court's judgment and order appointing an arbitrator u/s 11(6) of the Arbitration and Conciliation Act, 1996. It held that the dispute regarding non-payment of wages and the legality of the termination order was non-arbitrable as it fell under the jurisdiction of the statutory authorities under the Payment of Wages Act. The alleged violation of the non-disclosure obligation was an afterthought not raised in the show cause notice, inquiry report, or termination order, rendering it non-existent. Consequently, the respondent's petition u/s 11(6) was dismissed.
The Supreme Court set aside the High Court's judgment and order appointing an arbitrator u/s 11(6) of the Arbitration and Conciliation Act, 1996. It held that the dispute regarding non-payment of wages and the legality of the termination order was non-arbitrable as it fell under the jurisdiction of the statutory authorities under the Payment of Wages Act. The alleged violation of the non-disclosure obligation was an afterthought not raised in the show cause notice, inquiry report, or termination order, rendering it non-existent. Consequently, the respondent's petition u/s 11(6) was dismissed.
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