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Daily Archives: March 16, 2020

Arbitration clause not enforceable if the main instrument is not duly stamped: Supreme Court

Case Covered: M/S DHARMARATNAKARA RAI BAHADUR  Versus M/S BHASKAR RAJU & BROTHERS  & ORS.  Read the full text of the case here. Facts of the case: The facts, in brief, giving rise to the present appeal are as under: The appellant No.1 is a registered Charitable Trust. The rest of the appellants are Trustees of the appellant No.1 – Trust. The appellant No.1 – Trust desired to develop the land owned by it and construct a multi­purpose community hall with an office complex.   As such, the respondent No.1 offered to develop the said property and also to renovate the   Samadhi of the founder of the Trust existing on the said piece of land. Negotiations were held between the appellant No.1 – Trust

M/s Dharmaratnakara Rai V/s. M/s Bhaskar Raju: Supreme Court

  Citations: SMS Tea Estates Private Limited vs. Chandmari Tea Company Private Limited Stamp Act, 1899 Registration Act IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION  CIVIL APPEAL No. 1599 OF 2020 (Arising out of SLP(C) No. 7088 of 2015) M/S DHARMARATNAKARA RAI BAHADUR ARCOT NARAINSWAMY  MUDALIAR CHATTRAM & OTHER  CHARITIES & ORS.   …APPELLANT(S) VERSUS M/S BHASKAR RAJU & BROTHERS  & ORS.      …. RESPONDENT(S) J U D G M E N T   Leave granted. 2. Heard the learned counsel for the parties.  3. By way of present appeal, the appellants challenge the judgment and order dated 1.12.2014, passed by the single judge of the High Court of Karnataka at Bangalore in Civil   Miscellaneous   Petition   No.   167   of   2013   whereby,Justice   L.

39TH GST COUNCIL PROPOSALS 14/03/2020

39TH GST COUNCIL PROPOSALS 14/03/2020 INTEREST LIABILITY INTEREST FOR DELAY IN PAYMENT OF GST TO BE CHARGED ON THE NET CASH TAX LIABILITY W.E.F. 01.07.2017 Law to be amended retrospectively. Most welcome change Whether any RTP who have paid gross liability, will they get refunds?