Supreme Court decides taxability of interest income on Bank FDs of Clubs; Illuminates Ratio Decidendi
“A decision in a case takes its flavour from the facts of the case and the question of law involved and decided.”
Ratio Decidendi
Does everything said by a Judge while giving judgment constitute a precedent? Supreme Court explains
Supreme Court said that the distinction between obiter dicta and ratio decidendi in a judgment, as a proposition of law, has been examined by its several judgments.
[Antrix-Devas Deal] Delhi High Court upholds decision of setting aside ICC Award of $562.5 million on the ground of fraud
The Delhi High Court upheld Single judge’s decision to set aside ICC Award of $562.5 million in favour of Devas Multimedia (P) Ltd. for a failed satellite agreement with Antrix Corporation Ltd., on the grounds of fraud and being in conflict with the public policy of India.
Doctrine of Precedent
by Sunil†