12 August 2024


Search Results for Tag : Stake

Judgments

Playing rummy for stakes amounts to gambling and comes under the purview of Gaming Act(11.10.2019)

Present review petitions are filed by third parties seeking review of judgment by which this Court held that "playing rummy for stakes" within the clu.....

Tags : Rummy, Stakes, Offence

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Consent decree cannot be modified/ altered unless the mistake is a patent or obvious mistake(04.02.2022)

Present appeal is against impugned judgment passed by High Court, dismissing the application filed by the Appellant under Sections 152 and 153 read wi.....

Tags : Consent decree, Alteration, Mistake

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Non-consideration of the decision of the High Court/Supreme Court constitutes mistake apparent from record and is rectifiable within the meaning of Section 254(2) of the IT Act(17.02.2023)

Present is a Miscellaneous Petition (MP) filed by the Revenue under Section 254(2) of the Income Tax Act, 1961 (IT Act) praying for rectification of t.....

Tags : Mistake, Rectification, Provision

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Scope of rectification under Section 254(2) of the IT Act is limited to rectify the mistakes and it is not permissible to review the decision taken by the Tribunal(20.07.2022)

By present Miscellaneous Application, the Assessee is seeking rectification of the mistake alleged to have crept in the order of the Tribunal.

Tags : Mistake, Rectification, Allowability

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High Court "unjustifiably considerate" in setting aside order passed on mistaken concession by junior counsel(13.08.2015)

The Supreme Court differed with the finding of the High Court that a concession by a junior counsel before a Company Court was mistaken. It held that .....

Tags : counsel, mistake, winding up, concession

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International Cases

A settlement agreement can be set aside if it was fraudulently obtained(24.07.2024)

The Appellant and the Respondent were married, out of community of property, with the inclusion of the accrual system, on 4 November, 2000. Subsequent.....

Tags : Settlement agreement, Clauses, Common mistake

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News

SC Lays Down Requirements for a Successful Plea of Non Est Factum(21.08.2023)

Supreme Court while laying down requirements for successful plea of ‘Non Est Factum’, observed that such a plea can be taken by an executor/signatory .....

Tags : Supreme Court, Non Est Factum, Deed, Mistake

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Bom. HC Grants Compensation to Nigerian National Jailed for 2 Year Due to Mistake in Forensic Report(16.08.2022)

Bombay High Court has ordered compensation of Rs. 2 Lakhs and granted bail to the Nigerian national incarcerated in 2020 on the basis of an erroneous .....

Tags : Bombay High Court, Forensic Report, Mistake

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Delhi HC Directs Status Quo to be Maintained on Reliance-FRL Stake Sale Deal on Amazon's Plea(03.02.2021)

Delhi High Court has granted interim relief to Amazon directing all authorities and parties to maintain status quo on the Reliance-Future Retail Ltd s.....

Tags : Delhi High Court, Reliance-Future Retail Ltd Stake Sale Deal

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SC Issues Notice in Amazon Plea Challeging Delhi HC Stay on Future-Reliance Retail Stake Sale(22.02.2021)

Supreme Court has issued notice in the plea by Amazon challenging Delhi High Court's stay on the implementation of its own order passed by the Single .....

Tags : Supreme Court has issued notice in the plea by Amazon challenging Delhi High Court's stay on the implementation of its own order passed by the Single Judge bench of Justice Midha, which had directed status quo order on the Future - Reliance retail stake sale deal of nearly Rs. 25000 crore.

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SC Issues Notice in Amazon Plea Challeging Delhi HC Stay on Future-Reliance Retail Stake Sale(22.02.2021)

Supreme Court has issued notice in the plea by Amazon challenging Delhi High Court's stay on the implementation of its own order passed by the Single .....

Tags : Supreme Court, Future-Reliance Retail Stake Sale

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Kerala HC Refuses Stay on Kerala Government Notification Banning Online Rummy for Stakes(09.04.2021)

Kerala High Court has refused to interfere with a Kerala Government Notification 'banning online playing of rummy when played for stakes' in plea by t.....

Tags : Kerala High Court, Notification Banning Online Rummy for Stakes

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Ker. HC: Unintended Mistake of Magistrate Cannot Attract Prosecution u/s 228 IPC(11.01.2024)

Kerala High Court while observing that inadvertent mistake on part of Magistrate can’t lead to action u/s 228 IPC, has held that judicial officers are.....

Tags : Kerala High Court, Inadvertent Mistake, Prosecution, Judges

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Madras HC Dismisses Plea of Woman Claiming Mistake on School Records(05.03.2021)

Madras High Court has dismissed the plea of a woman, claiming that she is a Hindu and that she was mistakenly shown as a Christian in her school certi.....

Tags : Madras High Court, Mistake on School Records

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Bom HC: Emp. to Ensure That Minor Mistakes Due to Candidate’s Disability Shouldn’t Lead to Job Loss(29.02.2024)

Bombay High Court has held that minor errors stemming from the impairment of disabled candidates should not result in discrimination or unfair treatme.....

Tags : Bombay High Court, Candidate’s Disability, Minor Mistakes, Discrimination

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Delhi HC Stays Implementation of Status Quo Order in Future-Reliance Stake Sale Deal(09.02.2021)

Delhi High Court has stayed the implementation of its own order passed by the Single Judge bench of Justice Midha, which had directed status quo order.....

Tags : Delhi High Court, Future-Reliance Stake Sale Deal

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Karnataka High Court Strikes Down Law Banning Online Gaming with Stakes(14.02.2022)

Karnataka High Court has held certain provisions of the Karnataka Police (Amendment) Act 2021, by which the state government had banned online games w.....

Tags : Karnataka High Court, Banning Online Gaming with Stakes.

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Cal. HC: Advocate's Mistake Should Not Prejudice Party's Rights(07.02.2023)

Calcutta High Court while observing that mistake on part of advocate representing any party shouldn’t act as prejudice against rights of a party, has .....

Tags : Calcutta High Court, Mistake, Acquittal, Negotiable Instruments

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CESTAT, Delhi: Amount of Service Tax Paid by Mistake to be Treated as Deposit and to be Refunded(31.01.2022)

Central Excise, Customs and Service Tax Appellate Tribunal (CESTAT), Delhi has held that the amount of service tax paid by mistake shall be treated as.....

Tags : Central Excise, Customs and Service Tax Appellate Tribunal, Amount of Service Tax Paid by Mistake

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SEBI Relaxes Rule for Minimum 25% Public Stake in Listed Companies(15.05.2020)

Securities and Exchange Board of India (SEBI) has eased the 25% minimum public shareholding norm for listed companies in the wake of the Covid-19 outb.....

Tags : Securities and Exchange Board of India, Public Stake in Listed Companies

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Del. HC to State: Hold Stakeholder Consultation on Draft Advocates Protection Bill(26.05.2023)

Delhi High Court has asked State government to hold stakeholder consultation on the draft Delhi Advocates (Protection) Bill which seeks to provide saf.....

Tags : Delhi High Court, Stakeholder Consultation, Advocates Protection Bill

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ITAT, Bangalore: No Restriction in Challenging Intimation Passed on Ratification of Mistake(16.09.2020)

Income Tax Appellate Tribunal (ITAT), Bangalore has held that there is no restriction in challenging intimation passed on ratification of mistake unde.....

Tags : Income Tax Appellate Tribunal, Ratification of Mistake

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Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself(21.11.2024)

Kerala High Court has stated that there is no question of estoppel against a party where an error is committed by the court itself and the court is un.....

Tags : Kerala High Court, Estoppel, Mistake

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Madras High Court Strikes Down Tamil Nadu's Law Banning Online Games with Stakes(04.08.2021)

Madras High Court has struck down the Tamil Nadu Gaming and Police Laws (Amendment) Act, 2021 which imposes a ban on playing of games such as rummy an.....

Tags : Madras High Court, Tamil Nadu's Law Banning Online Games with Stakes

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Notifications & Circulars

MeitY invites comments from stakeholders and general public on amendment proposed to 'IT Rules'(19.01.2023)

Government to hold public consultation on proposed amendment of IT rules with respect to fact checking misinformation or patently false and untrue or .....

Tags : Comments, Stakeholders, 'IT Rules'

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Circulation of progress reports to stakeholders(22.02.2024)

1. Regulation 15 of Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation Regulations) provides that the liqui.....

Tags : Circulation, Progress reports, Stakeholders

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Government Panel invites suggestions/comments from stakeholders about the provisions of the Insolvency and Bankruptcy Code and the Rules and Regulations notified there under(14.12.2017)

In the First Meeting of the Insolvency Law Committee, held on 08th December, 2017, under the Chairmanship of the Secretary, Ministry of Corporate Affa.....

Tags : Suggestions, Stakeholders, Bankruptcy Code

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CCI approves acquisition of stake in Apraava Energy Private Limited by CDPQ Infrastructures Asia II Pte. Ltd.(05.09.2022)

The Competition Commission of India (CCI) approves acquisition of stake in Apraava Energy Private Limited (Target) by CDPQ Infrastructures Asia II Pte.....

Tags : Approval, Acquisition, Stake

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CCI approves acquisition of Micro Life Sciences Private Limited by South Elm Investments B.V.(16.03.2022)

The Competition Commission of India (CCI) approves acquisition of Micro Life Sciences Private Limited by South Elm Investments B.V.

The propo.....

Tags : Acquisition, Approval, Minority stake

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ICCI approves acquisition of stake in Busybees Logistics by TPG(23.03.2022)

The Competition Commission of India (CCI) approves acquisition of the stake in Busybees Logistics by TPG. The proposed combination envisages acquisiti.....

Tags : Acquisition, Stake, Busybees Logistics

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Committee on Asset Reconstruction Companies invites views and suggestions from stakeholders(28.04.2021)

As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on April 7, 2021, the Reserve Bank.....

Tags : Committee, Asset Reconstruction Companies, Stakeholders

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