Kerala Non-Banking Finance Companies Welfare Association vs UOI
Levy of service tax-Banking and financial services-The Parliament had the authority to levy service tax on banking and other financial services, including equipment leasing and hire-purchase. This levy [LexDoc Id : 363266]
Vijay Industries vs NATL Technologies Ltd.
Payment of interest by way of restitution and accretion of capital-Direction to respondent to pay simple interest with specified period-An interest was, inter alia, payable by way of restitution and also by way of accretion on capital. Interest was also payable in terms of the provisio [LexDoc Id : 353695]
Anil Sachar and Anr. vs Shree Nath Spinners (P) Ltd. and Ors.
Dishonour of cheque: Prosecution under s.138-Cheque issued by non-party to contract rendering the person issuing it liable to prosecution if the cheque issued for discharge of any debt or other liability bounced-A cheque issued by even a non-party to a contract would render the person issuing it liable to prosecution under s.138 of the Negotiable Instruments A [LexDoc Id : 416346]
Lanco Kondapalli Power (P) Ltd. vs UOI, ACC, CCE and C and Shinhan Bank Ltd.
Recovery of Duty-Invocation of bank guarantee pendente lite-A writ petition filed against the invocation of bank guarantee by the Revenue department during the pendency of the appeal was allowed. Since the appe [LexDoc Id : 360313]