Refund of Stamp Duty and the Right to Interest: A Legal Perspective
The Supreme Court of India recently addressed an important issue concerning the refund of lost stamp duty and whether interest should be granted on such refunds. The case, Dr. Poornima Advani & Anr. vs. Government
The Hon’ble Supreme Court reaffirmed that the power of judicial review should not be invoked to circumvent the statutory process prescribed under specialized legislations like the Insolvency and Bankruptcy Code.
In a landmark ruling, the Hon’ble Supreme Court of India, in Bank of Baroda v. Farooq Ali Khan & Ors. (2025 INSC 253),[i] vide Judgment dated 20.02.2025 reaffirmed the sanctity of the statutory process under
State or its instrumentality while acting in contractual field is under an obligation to act fairly and should not act arbitrarily or unreasonably
The division bench president over by Hon’ble Chief Justice Alok Aradhe and Hon’ble Justice Arif S. Doctor, Hon’ble High Court, Bombay (“BHC”), in its recent Order and Judgment dated 25th February 2025, whilst quashing and
Government Issues Advisory to OTT and Social Media Platforms on Content Regulation
The Ministry of Information & Broadcasting (MIB), Government of India, has issued an advisory to OTT platforms and social media platforms regarding the publication of content on their platforms. The advisory highlights the need to
A Deep Dive into RBI’s draft circular on “Responsible Lending Conduct – Levy of Foreclosure Charges/ Pre-payment Penalties on Loans”
The Reserve Bank of India (RBI) has released a draft circular on ‘Responsible Lending Conduct – Levy of Foreclosure Charges/ Pre-payment Penalties on Loans’ proposing new rules for public comments. This move is aimed at
Supreme Court Ruling on Priority of Mortgage Created by Deposit of Title Deeds over Equitable Mortgage by deposit of an unregistered Agreement of Sale
The Cosmos Co-operative Bank Limited v/s Central Bank of India & Ors. Background & Factual Matrix The case involved a dispute between Cosmos Co-Operative Bank Limited and Central Bank of India over the priority of
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