Tag: supreme court

RBI Issues Revised Master Directions on Fraud

RBI Issues Revised Master Directions On Fraud

The Hon’ble Supreme Court (“SC”) in State Bank of India & Ors. v. Rajesh Agarwal & Ors.[i] had clarified that principles of natural justice must be upheld while declaring any individual / entity as fraud.

Latest Development On Circulars For Lookout, Wilful Defaulters And Fraud

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Maharashtra Stamp Act Refund of Stamp Duty Cannots Be Denied on Mere Technical Grounds

Maharashtra Stamp Act | Refund of Stamp Duty Cannot Be Denied on Mere Technical Grounds

The Hon’ble Supreme Court (“SC”), in a recent decision[i], upheld and relayed an observation made in its earlier decision of Committee-GFIL v. Libra Buildtech Private Limited & Ors.[ii], wherein the Hon’ble SC observed that: “19.

Bombay High Court

Bombay High Court Holds That Employees Cannot Subsequently Challenge Their Promotion After Accepting The Same Without Demur

In a recent judgment, passed in the matter of Shri Shripad Dwarkanath Gupte and Ors. v. Union of India[1] the Hon’ble Bombay High Court (“HC”) elucidated that employees who have accepted promotions based on grades,

Our Senior Partner Shiju PV Quoted in Economic Times

Our Senior Partner Shiju PV Quoted in Economic Times

Shiju Opines “Despite the error, the customer remains liable for their credit card debt. The debt is based on the transactions and charges made using the credit card, and repayment obligations do not disappear due

Parties Can Not Take Leverage Of The Availability Of Limitation Period Of 3 Years For Specific Performance Suits Without Justifiable Grounds

Parties Can Not Take Leverage Of The Availability Of Limitation Period Of 3 Years For Specific Performance Suits Without Justifiable Grounds

The Hon’ble Supreme Court (“SC”) in a recent decision[1], reiterated the position settled by courts, regarding when a specific performance suit ought to be preferred by a party to an agreement. The facts in the

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