Andhra Pradesh Federation of Chit Funds vs UOI and Ors.
Service tax on chit funds-Whether levy of service tax on chitfunds was valid in law-Validity of master circular 97-7-2007-ST dated 23 August 2007 clarifying that service tax was leviable in chitfunds was not valid in law, since statut [LexDoc Id : 352618]
Bharat Carpets vs Enforcement Directorate
Repatriation of export proceeds-Appeal-An appeal against the Tribunal’s order imposing penalty on the appellant for non-repatriation of export proceeds within stipulated period was dismisse [LexDoc Id : 343219]
RBI vs Sahara India Financial Corpn. Ltd. and Anr.
Non-Banking Financial company-Restraint on accepting deposits, Powers of RBI-The matter was remanded to the appellant for fresh consideration as the peculiar facts involved in the matter warranted an opportunity of hearing to [LexDoc Id : 341554]
Sajjan Textile Mills Ltd. vs ICICI Bank Ltd. and Ors.
Writ petition-Impleaded party unheard during the proceedings-An order passed in a writ petition without the presence of the appellant's counsel was set aside. Once the appellant had been impleaded in a case, eve [LexDoc Id : 340065]
Indian Bank vs Godhara Nagrik Co-op Credit Society Ltd. and Anr.
Acceptance of deposits by banks-Repayment of maturity proceeds-The Supreme Court reversed the lower court’s decision that directed repayment of maturity proceeds of fixed deposits to the respondents. The appellant [LexDoc Id : 339942]
Bank of India vs Nangia Constructions India (P) Ltd. and Ors.
Bank Guarantee-Obligation of bank to pay-The appellant-bank was unjustified in refusing the payment of bank guarantee amount on the ground of non-renewal of the guarantee by the borrower. The [LexDoc Id : 339820]