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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations....

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings of fraudulent and manipulative trading in the shar...

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Supreme Court Allows Assessee's Appeal in Central Excise Case: Cutting and Grooving of Aluminum Composite Panels Does Not Amount to Manufacture. Process of cutting, grooving, and routing ACPs for facade cladding does not bring into existence a new product with distinct name, character, or use under Section 2(f) of the Central Excise Act, 1944....

The appellant, M/s Alupuro Building Systems Pvt. Ltd., is a construction contractor that imports pre-coated Aluminum Composite Panels (ACPs) and undertakes the process of cutting, grooving, and routin...

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Supreme Court Allows Assessee's Appeal in Central Excise Case — Cutting and Grooving of Aluminum Composite Panels Does Not Amount to Manufacture. Process of cutting, grooving, and routing ACPs for façade cladding does not bring into existence a new product with distinct name, character, and use under Section 2(f) of the Central Excise Act, 1944....

The appellant, is a construction contractor that imports Aluminum Composite Panels (ACPs) and undertakes cutting, grooving, and routing of these panels to affix them on building façades as per ...

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Supreme Court Quashes Criminal Proceedings Against Relatives in Matrimonial Dispute Due to Omnibus Allegations. FIR under Sections 498A, 34 IPC and Sections 3, 4 Dowry Prohibition Act, 1961, and DV Act complaint quashed for lack of specific overt acts against appellants....

The Supreme Court allowed appeals by Appellants, quashing criminal proceedings arising from matrimonial discord between (complainant) and her husband Divyaraj Dhakad. The appellants were relatives of ...

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Supreme Court Allows Appeal in MPID Act Deposit Dispute — High Court Erred in Treating Investment as Loan Transaction. The court held that amounts advanced with promise of interest constitute 'deposit' under Section 2(c) of MPID Act, and failure to repay amounts to 'fraudulent default' under Section 3....

The present appeal arises from a judgment of the Bombay High Court dismissing the appellants' Criminal Revision Application under the MPID Act. The appellants, comprising individuals and companies, in...

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Supreme Court Allows Daughters' Partition Suit: Res Judicata Bars Second Rejection Application Under Order VII Rule 11 CPC. Daughters as Class I heirs under Section 8 of Hindu Succession Act can maintain partition suit despite prior partition, and Section 6(5) is not a jurisdictional bar....

The appeal arises from a suit for partition filed by three daughters of a Hindu male who died intestate on 06.03.1985. The propositus was survived by his widow, three daughters (appellants), and four ...

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Supreme Court Dismisses Appeal by Insurance Company, Holds Mediclaim Amount Not Deductible from Motor Accident Compensation. Contractual Insurance Benefit Is Independent of Statutory Compensation Under Motor Vehicles Act, 1988, and Cannot Be Deducted to Avoid Double Recovery....

The Supreme Court in this appeal considered the question whether amounts received by a claimant under a Mediclaim policy are deductible from the compensation awarded by a Motor Accidents Claims Tribun...

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Supreme Court Quashes Criminal Proceedings Against Retired Engineer in Fake Scheduled Tribe Certificate Case Due to Old Age and Futility of Trial. The Court Held That While the Appellant's Conduct Was Illegal, the Advanced Age and Lack of Actual Benefit Justified Quashing, but the Certificate Remains Invalid....

The Supreme Court, in a criminal appeal, considered the case of Appellant, a retired engineer, who was prosecuted for producing a fake Scheduled Tribe certificate. The appellant was initially appointe...