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    Court Decides on Currency Conversion Date for Arbitral Awards, Using Deposit Date's Exchange Rate for Initial Deposits.
    Court rules interest on money award at 3x RBI rates with monthly compounding. Debtor must pay in 4 weeks. Compliance due Aug 6, 2024.
    Cheque dishonour case valid if filed within 30 days of notice. No need to prove notice service. Onus on accused to rebut service presumption. :
    Blacklisting orders face rigorous scrutiny. Disability objective satisfaction required. Guidelines protect public interest from unethical contractors.
    Cheque Dishonor Case: Respondent Rebuts Presumption Under Negotiable Instruments Act; Appeal Dismissed for Lack of Evidence.
    Court ruled interest only on principal sum, not on interest. Interest Act, 1978 prohibits compound interest.
    Dispute over dishonoured cheques in a land sale case. High Court finds offence, burden on debt proof. Petition dismissed for lack of challenge.
    Court Quashes Sale, Orders New Auction; Clarifies Secured Creditor Priority in Debt Recovery Tribunal Case.
    Banks must follow RBI's restructuring framework for MSMEs without application. MSMEs to produce documents to avail benefits.
    Arbitration allowed. Court's role limited. Denial of claim triggers dispute. Limitation period upheld. Negotiations don't extend limitation.
    Sec 141 NI Act: MDs liable for company's conduct, signatories covered. Complaint against directors quashed sans averments u/s 50(1). MD responsible.
    Court Upholds Summary Trial for Cheque Dishonor; Dismisses Petition to Convert to Summons Case, Citing Insufficient Grounds.
    Presumption rebutted. Defence proved. Petitioner failed evidence. Acquittal justified. Presumption of innocence strengthened.
    Bar Councils can only charge enrolment fee u/s 24(1)(f) Advocates Act 1961 for admission. Other fees construed as enrolment fee.
    Complainants to get full refund + 12% interest p.a. from deposit date till refund for delayed project handover. Force majeure rejected. Appeal partly ...
    Appellant bank's SARFAESI proceedings upheld; can issue Sec 13(4) notice to guarantor for recoverable loan amounts.
    Pre-deposit Compliance Under RERA: Appellant Must Deposit Full Interest, Not Just 30%, with COVID-19 Deductions Applied.
    State Legislatures Can Tax Mineral Rights; Supreme Court Overrules Previous Decisions on Royalty as a Tax.
    Civil Courts' Jurisdiction Limited in SARFAESI Act Cases; High Court Dismisses Appeal Lacking Substantial Legal Question.
    Court Rejects Forum Shopping; Orders Refund, 12% Interest, and Compensation for Defective Housing.
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Acts Income Tax