(923) MULTI COMMODITY EXCHANGE OF INDIA LTD. Vs. M/S. MADHYA BHARAT (INTERNATIONAL) PVT. LTD. AND OTHERS[BOMBAY HIGH COURT] 13-03-2025
Limitation Act, 1963 — Article 113 — Suit for Recovery of Money — Accrual of Right to Sue — For a suit for recovery of money based on non-payment of dues (like membership fees, charges, etc.), the limitation period under Article 113 of the Limitation Act, 1963, is three years, commencing from the date “when the right to sue accrues” — The right to sue accrues when the cause of action arises, which, in the context of non-payment of dues, arises upon the default in making such payments.
India Law Library Docid # 2424287
(924) RAMPRABHU GOPINATH KAPSE Vs. SHEVANTABAI BABURAO KAPSE[BOMBAY HIGH COURT] 13-03-2025
Civil Procedure Code, 1908 — Section 152 — Amendment of Judgments, Decrees, or Orders — Scope and Limitation — Section 152 of the Civil Procedure Code, 1908, empowers a Court to correct clerical or arithmetical mistakes in judgments, decrees, or orders, or errors arising therein from any accidental slip or omission, either suo motu or on application, at any time — This power is discretionary and aimed at ensuring the Court’s record accurately reflects its intention and preventing prejudice due t
India Law Library Docid # 2424288
(928) M/S.PREMIER GRANITES Vs. THE DISTRICT COLLECTOR, KRISHNAGIRI DISTRICT, KRISHNAGIRI AND OTHERS[MADRAS HIGH COURT] 13-03-2025
Stamp Act, 1899 — Schedule I, Articles 35(a), 63 — Tamil Nadu Minor Mineral Concession Rules, 1959 — Rule 36F — Supplementary Lease Deed — Transfer of Mining Lease — Stamp Duty — Applicable Article — A supplementary lease deed executed pursuant to Rule 36F of the Tamil Nadu Minor Mineral Concession Rules, 1959, transferring an existing mining lease for its remaining period, is correctly classifiable as a “Transfer of lease” under Article 63 of Schedule I of the Stamp Act, 1899, and not as a fres
India Law Library Docid # 2424434
(935) M/S. HOQUE MERCANTILE PVT LTD. Vs. COMMISSIONER OF CUSTOMS, CHENNAI II[CUSTOMS, EXCISE AND SERVICE TAX APPELLATE TRIBUNAL CHENNAI REGIONAL BENCH - COURT No. I] 12-03-2025
Customs Act, 1962 — Section 129A(1) — Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 — Rules 14, 16 and 16A — The CESTAT lacks jurisdiction to entertain appeals related to recovery of drawback, as it is inextricably linked to “payment of drawback” under Chapter X of the Customs Act, 1962, and the rules made thereunder, which is explicitly excluded from the Tribunal's purview under Section 129A(1) — The Tribunal dismissed the appeal for want of jurisdiction, holding that reco
India Law Library Docid # 2423482
(936) M/S PRECIOUS BUILDTECH (P) LTD Vs. COMMISSIONER OF CENTRAL EXCISE AND CGST, GAUTAM BUDDH NAGAR (COMMISSIONERATE, GREATER NOIDA)[CUSTOMS, EXCISE AND SERVICE TAX APPELLATE TRIBUNAL ALLAHABAD] 12-03-2025
Finance Act, 1994 — Sections 65(105)(zzzh) and 65(105)(zzzza) — Service Tax (Determination of Value) Rules, 2006 —Rule 2A — Service tax cannot be levied on construction of residential complexes under Section 65(105)(zzzh) of the Finance Act, 1994, due to the absence of a statutory mechanism to ascertain the value of the service component in composite contracts involving sale of land and goods — The Tribunal allowed the appeal, setting aside the service tax demand of Rs. 27,83,531/- on constructi
India Law Library Docid # 2423483