dhc
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Delhi High Court: “State Must Act Fairly and Transparently” — NHAI’s Cancellation of Letter of Acceptance and Retendering Declared Arbitrary and Non-Est; Court Holds LoA to Be a Concluded Contract, Directs NHAI to Proceed After Accepting Indian Bank Guarantee

Court’s Decision The Delhi High Court, in a significant judgment delivered by Chief Justice Devender Kumar Upadhyay and Justice Tushar Rao Gedela, held that the National Highways Authority of India…
stamp duty
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Supreme Court: “Substance of the Deed, Not Its Title, Determines Stamp Duty” — Court Upholds Allahabad High Court’s Finding That ‘Security Bond cum Mortgage Deed’ Executed Without Surety Is Chargeable Under Article 40, Not Article 57 of the Indian Stamp Act

Court’s Decision The Supreme Court, in a judgment delivered by Justices Ahsanuddin Amanullah and Prashant Kumar Mishra, dismissed two civil appeals challenging the orders of the Allahabad High Court, which…