News of the Day

Balasore Alloys Limited vs. Medima LLC [Arbitration Petition (Civil) No. 15/2020] [16.09.2020] – Arbitration – Appointment of Arbitrator – Conflicting arbitration clauses Brief: In this Petition, their existed two arbitration clauses in separate documents of a single main contract. The Supreme Court noted that in order to harmonise or reconcile and arrive at a conclusion as to which of […]

Nature of dispute will determine which dispute resolution clause will apply when two conflicting clauses exist in same agreement Read More »

National Co-operative Development Corporation vs. Commissioner of Income-Tax, Delhi-V [Civil Appeal No. 5105-5107 of 2009] [11.09.2020] – Income Tax – Interest income – loan – grant – Advance Ruling system Brief: In the said civil appeal, the Hon’ble Supreme Court first held that interest on loans and dividends would fall under the head of “Profits

Interest income disbursed as “grants” is an expenditure and thus deductible Read More »

Pravin Kumar vs. Union of India and Ors. [Civil Appeal No. 6270 of 2012] [10.09.2020] – Judicial Review – difference between disciplinary proceedings and criminal proceedings Brief: In this the Supreme Court upheld the dismissal order of Appellant for charges of corruption and extra-constitutional conduct. The Court held that the threshold of judicial review under

Non-continuation of criminal proceedings does not bar disciplinary action Read More »

Rizwan Khan vs. The State of Chhattisgarh [Criminal Appeal No. 580 of 2020] [10.09.2020] – Independent witness – Complainant and Investigating authority as same person – Recovery of vehicle – Clerical errors Brief: In this criminal appeal the Supreme Court confirmed the conviction of the accused under section 20(b)(ii)(B), NDPS Act, 1985. The Court held

Independent witness is not indispensable to the Prosecution case Read More »

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