Month: October 2018

When the doctor has given opinion that the suicide cannot be ruled out and the death of the deceased could have been due to suicide which was accepted by the High Court—Held; when the High Court has a view which is a plausible view such order does not call for interference—Acquittal upheld.

2018(3) Law Herald (SC) 22O1 : 2018 LawHerald.Org 1443 IN THE SUPREME COURT OF INDIA Before Hon’ble Mrs. Justice R. Banumathi Hon’ble Mr. Justice Vineet Saran Criminal Appeal Nos. 1496…

Challenge to order granting bails—As per orders of Supreme Court bail would be subject to furnishing of bank guarantee—Held; (i) Bank guarantee would be mean obligation as per agreement and not the due amount; (ii) Ail those who had already furnished sufficient security by way of pledging immovable property need not to furnish bank guarantee as per earlier orders; (iii) All those who had not given any security are obligated to furnish bank guarantee—In absence of it, bail would stand cancelled and they be taken into custody; (iv) Corporation permitted to serve its interest either by involving the bank guarantees where ever furnished and or by putting to auction the unencumbered immovable property pledged by the millers—Criminal Procedure Code, 1973, S.438.

2018(3} Law Herald (SC) 2193 : 2018 LawHerald.Org 1442 IN THE SUPREME COURT OF INDIA Before Hon’ble Mr. Justice Abhay Manohar Sapre Hon’ble Mr. Justice Uday Umesh Lalit Criminal Appeal…

Insolvency and Bankruptcy Code, 2016—Real Estate Project—Home Buyers—However, keeping in view the change of legal status of home buyers and facts and circumstances of the case, while exercising the powers under Article 142 of the Constitution directions issued to start the process under code afresh.

2018(3) Law Herald (SC) 2162 : 2018 LawHerald.Org 1440   SUPREME COURT OF INDIA FULL BENCH CHITRA SHARMA — Appellant  Vs.  UNION OF INDIA — Respondent ( Before : Dipak Misra, CJI.,…

Tender Bid—Judicial Review—High Court could not ordinarily interfere with the judgment of the expert consultant on the issues of technical qualifications of a bidder.

2018(3) Law Herald (SC) 2098 : 2018 LawHerald.Org 1437 IN THE SUPREME COURT OF INDIA Before                                   Hon’ble Mr. Justice Ranjan Gogol                                Hon’ble Mrs. Justice R. Banumathi Hon’ble Mr.…

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Motor Vehicles Act, 1988 — Sections 166, 168 — Compensation — Assessment of annual income of deceased/claimant on the basis of Income Tax Returns — Whether the ITR of the previous year alone, or the average of the previous two/three years, is to be taken — Held, no hard and fast formula governs computation of annual income; ITRs, being statutory documents, are an important reference point, but a bifurcation must be made between salaried and self-employed individuals — (i) For salaried individuals, the ITR of the previous year alone ordinarily suffices, since the financial impact of a promotion or salary revision is best reflected in that year’s return; where the deceased had not completed a year in a promoted position, or had not filed a return for that period, the Court may rely on the promotion letter and other corroborative financial statements; (ii) For self-employed persons/those running their own business, the average of the ITRs for up to the previous three years is to be taken as the reference point, having regard to the inherent income fluctuation in such professions — In assessing self-employed income, the surrounding circumstances to be additionally considered include: (a) the nature of the business (including geography and category); (b) its growth pattern and the impact of the death on the business; (c) its potential/future growth, including capital-intensive businesses profitable only at scale; (d) the possibility of negative income in initial years not reflecting the true financial standing; and (e) any other relevant factor — The date of filing of an ITR is also relevant, since income may be inflated after the death/injury; such returns call for closer scrutiny against surrounding financial statements, though they are not to be excluded outright merely for being filed post-death, if adequately supported.