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Karnataka High Court Upholds Refusal of Specific Performance, Enhances Interest to 18% — “Equity Cannot Enforce Sale Where Contract Was Born of Financial Distress”

Court’s Decision The Karnataka High Court, per Justice H.P. Sandesh, dismissed a Regular Second Appeal filed under Section 100 of the Code of Civil Procedure, challenging the concurrent findings of…

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Rawlaw October 25, 2025

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Bombay High Court Confirms ₹9.76 Cr Penalty on IL&FS Financial Services: “Equity Cannot Override Statutory Compliance”—Dismisses Challenge to Penalty under Section 31(4) of Maharashtra Stamp Act

Judgment Name: IL&FS Financial Services Ltd. v. State of Maharashtra & Ors. Date of Judgment: 18 June 2025Coram: Justice Jitendra Jain, Bombay High Court Court’s Decision The Bombay High Court…

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Rawlaw June 19, 2025

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