In a rare rebuke, the Supreme Court Today (Aug 11) dismissed a GST department appeal against an order passed by its own Commissioner in a service tax case involving SpiceJet. The Bench questioned why the department was fighting a decision it had itself issued and upheld at every stage.
The Delhi High Court Today (Feb 14) canceled an arbitration ruling that had earlier favored Mukesh Ambani’s Reliance Industries Limited (RIL) in the Krishna-Godavari (KG) basin gas migration dispute. This decision revives the Indian government’s $1.5 billion claim against RIL, alleging unfair extraction of gas from ONGC’s fields. The court ruled that the previous award was against settled legal principles, marking a major legal blow for RIL.
The Supreme Court has granted Karnataka eight more weeks to resolve a religious dispute at the Dattatreya Peeta shrine, crucial for both Hindus and Muslims. This is the state’s final chance to present an updated report following the contentious ruling allowing only a Muslim priest to perform rituals, which both communities oppose.
The Delhi High Court ordered Ambience Private Limited to deposit over Rs 638 crores with the court within four weeks after Indiabulls Housing Finance alleged that Ambience failed to execute sale deeds for 273 housing units despite receiving payment under their Agreements to Sell (ATS). The court dismissed Ambience’s claims that the ATS was not for property sales but a loan security arrangement and restrained Ambience from creating third-party rights until the deposit is made. Indiabulls is entitled to seek a refund if the units are sold, ensuring its financial interests are protected.
The Delhi High Court on Tuesday (Oct 29) ordered auctioning of the Fortis trademark in connection with the Rs 3,500 crore arbitral award passed in favour of Japanese pharma major Daiichi Sankyo and against the former Ranbaxy promoters. Justice Sachin Datta passed the order on an application filed by Daiichi Sankyo seeking the sale of the Fortis trademark, owned by RHC Healthcare Management Services Pvt Ltd which is one of the judgment debtors in the matter.
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The Delhi High Court Today (Oct 7) informed that fintech firm BharatPe, its former co-founder Ashneer Grover and his wife Madhuri Jain Grover have settled their disputes in a case of an alleged Rs 81 crore fraud. The parties urged Justice Chandra Dhari Singh to quash the FIR lodged against Grover and his family in light of the September 30 settlement agreement. Court listed the matter on October 8.
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The Supreme Court upheld a Karnataka trial court’s decision to charge Congress MLA Vinay Kulkarni with the murder of BJP worker Yogesh Goudar. The court found evidence of Kulkarni’s involvement and dismissed his petition challenging the charges. The accused had approached the courts multiple times, leading to lengthy trial delays. Kulkarni’s appeal for relief was denied.