actionable claim Archives

NRJ Series| Agreement to be effectual as an assignment of actionable claim must be in writing and comply with Section 130 of Transfer of Property Act, 1882 [(1954) 2 SCC 869]

This report covers the Supreme Court’s Never Reported Judgment on actionable claim dating back to the year 1954.

Can rents receivable by debtors be assigned to the lender as an actionable claim? Supreme Court answers

After applying the rule that all the contemporaneous documents are to be read together, to discern the true purport of the contract, Supreme Court said that the parties intended assignment of the debt, i.e., the rents payable.

Case Briefs Supreme Court

GST on lotteries| Prize money not to be excluded for computing the taxable value of supply, holds SC

Supreme Court: The 3-judge bench of Ashok Bhushan*, R. Subhash Reddy and MR Shah, JJ has held that while determining the taxable

Case Briefs Supreme Court

Supreme Court upholds constitutionality of imposition of GST on lotteries, betting and gambling

Supreme Court: The 3-judge bench of Ashok Bhushan, R. Subhash Reddy and MR Shah, JJ has upheld the constitutionality of imposition of