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Supreme Court Upholds RBI's Circular on Virtual Currencies — Regulatory Measures for Financial Stability. The RBI's prohibition on virtual currencies was deemed necessary for consumer protection and financial stability....

The dispute arose from the Reserve Bank of India's (RBI) issuance of a Statement on Developmental and Regulatory Policies on April 5, 2018, and a subsequent circular on April 6, 2018, which prohibited...

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Supreme Court Holds Section 15J Factors Illustrative in SEBI Penalty Adjudication. Adjudicating Officer Retains Discretion to Consider Mitigating Circumstances Beyond Stipulated Factors Under SEBI Act....

The Supreme Court of India adjudicated a reference arising from multiple civil appeals concerning the interpretation of Section 15J of the Securities and Exchange Board of India Act, 1992 (SEBI Act). ...

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Supreme Court Allows Appeal of Ramakrishna Mission Against High Court's Finding of Amenability to Writ Jurisdiction. Service Dispute Held Purely Contractual, Not Involving Public Duty....

The Supreme Court allowed the appeal filed by Ramakrishna Mission and its hospital against the judgment of the Gauhati High Court, which had held that the hospital was amenable to writ jurisdiction un...

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Supreme Court Upholds Trader's Liability for Excise Duty on Job Work Fabrics Under Rule 12B of Central Excise Rules, 2002. The Court Held That the Trader Who Gets Fabrics Manufactured Through Job Workers Is Deemed Manufacturer and Liable for Duty, Not the Job Worker....

The case involves appeals by Dinesh Textiles, a trader who got cotton fabrics and made-ups manufactured through job workers, against the order of the Customs, Excise and Service Tax Appellate Tribunal...

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Supreme Court Acquits Accused in Corruption Case Due to Lack of Proof of Demand. Conviction under Prevention of Corruption Act cannot be sustained when primary evidence of demand is absent due to complainant's death and no other reliable evidence establishes demand....

The Supreme Court allowed the appeal of Mrs. Neeraj Dutta, an LDC in Delhi Vidyut Board, who was convicted under Sections 7 and 13(1)(d) read with Section 13(2) of the Prevention of Corruption Act, 19...

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Supreme Court Hears Appeals on Inclusion of Special Allowances in Basic Wages for Provident Fund. The court considered whether special allowances paid by establishments to employees fall within 'basic wages' under Section 2(b)(ii) read with Section 6 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952....

The Supreme Court heard a batch of appeals raising a common question of law: whether special allowances paid by establishments to their employees fall within the expression 'basic wages' under Section...

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Supreme Court Allows Appeals of Teachers Against University's Denial of Pay Revision - Held That Appointments Were Substantive, Not Temporary, and Teachers Were Entitled to Pay Revision from 01.01.1996...

The case involves appeals by teachers of Mahatma Gandhi University's University College of Engineering, Thodupuzha, who were appointed as Lecturers against substantive posts created by Syndicate Resol...

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Supreme Court Allows Appeal in Customs Prosecution for Export of Antiquities — Prosecution Under Customs Act Not Barred by Antiquities and Art Treasures Act, 1972. Held that the Customs Act, 1962 applies alongside the Antiquities Act, and prosecution under Sections 132 and 135 is maintainable....

The appeal arose from a judgment of the Delhi High Court upholding the discharge of the respondent, Sharad Gandhi, from offences under Sections 132 and 135 of the Customs Act, 1962, for alleged export...

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Supreme Court Dismisses Appeal in Temple Dispute: Shri Ram Mandir Held to be Public Temple, Pujari Not Mahant. State's Management of Temple Properties Upheld as Deity is the True Owner....

The Supreme Court dismissed the appeal filed by Shri Ram Mandir, Indore, represented by its alleged manager Ram Das, against the State of Madhya Pradesh and others. The dispute concerned whether Shri ...