Search Results for "Negotiated Settlement"

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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 ...

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High Court Dismisses Writ Petitions by Former Employees of Wellman Hindustan Limited Challenging Industrial Court Order on Unpaid Wages Under MRTU and PULP Act

The High Court of Bombay heard multiple connected writ petitions challenging the Industrial Court's dismissal of a complaint filed by former employees...

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Supreme Court Quashes Criminal Prosecution Under Sections 420 and 471 IPC Following Settlement of Loan Account Approved by Debts Recovery Tribunal — Criminal proceedings cannot continue after compromise of civil debt where no element of cheating from inception exists.

The case involves an appeal by Vijay Kumar Kela and his proprietary firm against an order of the Chhattisgarh High Court refusing to quash criminal pr...

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Madras High Court Upholds Government Permission for Ford India Plant Closure, Dismisses Workers' Challenge. Closure Permission Under Section 25-O of Industrial Disputes Act, 1947 Valid as Government Considered All Relevant Factors and Provided Compensation.

The case involves a batch of writ petitions filed by 59 workers of Ford India Private Limited challenging the Government Order G.O.Ms.No.171 dated 28....

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Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Restores Arbitral Award — Holds That Single Judge Erred in Setting Aside Award on Grounds of Patent Illegality and Public Policy. The Court Reinstated the Arbitral Tribunal's Findings on Oral Agreement and Quantum of Damages.

The appellant, Ratnam Sudesh Iyer, filed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996 against the judgment of a learned Si...

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Bombay High Court Dismisses Employer's Petition Challenging Industrial Court Order in Unfair Labour Practice Case. Employer's Failure to Implement Award and Settlement Constitutes Unfair Labour Practice Under Item 9 Schedule IV of MRTU & PULP Act.

The petitioner, Tata Yazaki Autocomp Ltd., a company manufacturing wire harness for the automobile sector employing around 500 permanent workmen in Pu...

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Bombay High Court Dismisses Pilots' Challenge to Command Training Selection in Air India — No Violation of Articles 14 and 16 Found. Selection based on seniority and merit was not arbitrary; employer's decision to withdraw earlier offer was justified due to operational exigencies.

The petitioners, pilots of Air India, filed a writ petition under Article 226 of the Constitution challenging an order dated 30th September 2004 by wh...

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Bombay High Court Dismisses Employer's Petition Challenging Labour Court Award of Reinstatement with Back Wages for Illegal Retrenchment. Non-Compliance with Section 25F of Industrial Disputes Act, 1947 Renders Termination Void, and Full Back Wages Are the Normal Rule.

The case involves a writ petition filed by Shree Changdeo Sugar Mills Ltd. and another against 27 workmen challenging the award of the Labour Court, K...