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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership....

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undertaking to comply with its Byelaws, Rules, and Regul...

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Supreme Court Modifies Sentence of Appellant No.3 in Assault Case Due to Period Already Served and Incident Age. Sentence reduced to period already undergone and compensation reduced from Rs.25,000 to Rs.5,000 each for offences under Sections 308 and 326 IPC....

The Supreme Court heard an appeal by accused A1 to A3 in Sessions Case No. 20 of 2004, convicted under Sections 324, 326, and 308 read with Section 34 IPC. The Trial Court sentenced them to five years...

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Supreme Court Acquits Husband in Murder Case Due to Incomplete Circumstantial Evidence and Unreliable Witness. Conviction under Section 302 IPC Reversed as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt Despite Death in Matrimonial Home....

The Supreme Court allowed the appeal of Jayantilal Verma, who was convicted under Section 302 IPC for the murder of his wife, Sahodara Bai. The incident occurred on 24 August 1999 when the deceased wa...

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Supreme Court Disposes of PIL Challenging Interest Accrual During COVID-19 Moratorium After Government Announces Relief Measures. Petitioner expressed satisfaction with government's decision to waive interest on specified loan categories up to Rs.2 Crores....

The petitioner, Gajendra Sharma, filed a writ petition under Article 32 of the Constitution challenging the Reserve Bank of India's notification dated 27.03.2020, which permitted a three-month morator...

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Supreme Court Upholds SAT Order Setting Aside SEBI Ex-Parte Interim Order in Insider Trading Case Due to Lack of Urgency. Tribunal's observation on SEBI's power to order pre-adjudication disgorgement held not to be a precedent....

The Supreme Court disposed of two statutory appeals filed by the Securities and Exchange Board of India (SEBI) under Section 15Z of the SEBI Act, 1992, challenging orders of the Securities Appellate T...

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Supreme Court Quashes Relegation of BAS Officer to Education Service Without Hearing — Violation of Natural Justice in Compliance of Court Order. The Court held that an order with adverse civil consequences cannot be passed without affording an opportunity of hearing, and the earlier court order did not authorize wholesale revision of the select list....

The petitioner, Subhash Kumar, was selected through the 45th Combined Competitive Examination conducted by the Bihar Public Service Commission and appointed to the Bihar Administrative Service (BAS) o...

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Supreme Court Quashes Blacklisting Order in Contract Termination Case — Lack of Specific Notice Violates Natural Justice. Blacklisting Without Mention in Show Cause Notice Is Impermissible and Without Jurisdiction Under Principles of Natural Justice....

The Supreme Court allowed the appeal filed by UMC Technologies Private Limited against the order of the High Court of Madhya Pradesh, which had upheld the decision of the Food Corporation of India (FC...

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Supreme Court Dismisses Appeal of NTPC Ltd. Regarding Classification of Claim in Information Memorandum Under IBC. Claim Pending Arbitration Correctly Classified as Other Creditor Claim, Not Operational Creditor Claim....

The Supreme Court disposed of a civil appeal filed by NTPC Ltd. (Simhadri Project) against Rajiv Chakraborty, the Resolution Professional. The limited issue was whether NTPC's claim, pending adjudicat...

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Supreme Court Dismisses Appeal in Permanent Injunction Suit — Concurrent Findings of Three Courts Upheld. Defendant's Claim of Boundary Dispute and Bar of Civil Court Jurisdiction Rejected as No Substantial Question of Law Arises....

The present appeal arises from a suit for permanent injunction filed by the plaintiffs (respondent Nos. 1 and 2) on 31 July 1971, claiming ownership and possession of Khasra No. 238 measuring 4 Bighas...

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Supreme Court Allows TRAI's Interim Application for Disclosure of Segmented Offers by Telecom Service Providers Pending Appeal. Court Directs TSPs to Disclose Information Sought by TRAI Regarding Segmented Offers, Subject to Confidentiality, Under Section 11(1)(b)(i) and Section 11(2) of the Telecom Regulatory Authority of India Act, 1997....

The Telecom Regulatory Authority of India (TRAI) filed an application for interim directions in pending civil appeals against a final order of the Telecom Disputes Settlement and Appellate Tribunal (T...