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Bombay High Court Dismisses Petition Challenging Interim Custody of Truck in Criminal Case — Supurtnama Bond of Rs. 11 Lakh Held Adequate. The court upheld the Magistrate's order granting possession to respondent Nos. 2 and 3, finding no perversity in the decision.

The petitioner, Chandrashekar Sing, filed a Criminal Writ Petition challenging the orders of the learned Magistrate dated 22.03.2006 and the learned 2...

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Bombay High Court Dismisses Petition Challenging Substitution of Assignee in Pending DRT Proceedings Under SARFAESI Act. Assignment of debt under Section 5 of SARFAESI Act entitles assignee to continue pending recovery proceedings without fresh filing, and amendment of cause title is permissible.

The petitioner, Alpha and Omega Diagnostics India Ltd., challenged a common order of the Debt Recovery Appellate Tribunal (DRAT) which upheld the orde...

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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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Bombay High Court Hears Writ Petition Challenging Validity of Reopening Notice Under Section 148 of Income Tax Act for Assessment Year 2015-16. The Reopening Based on Alleged Escaped Income from Capital Reduction Transaction Is Contested on Grounds of Full Disclosure During Original Assessment.

The petitioner, an investment holding company incorporated in Singapore and under creditors' voluntary liquidation, held shares in Lehman Brothers Cap...

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High Court of Bombay Enhances Sentence for Cheque Dishonour Offence Under Section 138 of the Negotiable Instruments Act, 1881. Court Rules That Flee-Bite Sentence Defeats Purpose of Enactment When Cheque Amount Remains Unpaid, and Enhances Fine to Ensure Payment to Complainant.

The case arose from a criminal revision application filed before the High Court of Judicature of Bombay, Bench at Aurangabad, challenging the adequacy...

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Supreme Court Considers Whether Dearness Allowance is a Fundamental Right, Hears Appeals Against High Court Mandate to Pay Central Rates. High Court's declaration of Dearness Allowance under Article 21 and direction for parity with Central Government employees challenged by State.

The State of West Bengal filed appeals by special leave challenging the orders of the High Court at Calcutta dated 20th May 2022 and 22nd September 20...

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Bombay High Court Grants Bail to Accused in Atrocities Act Case Due to Lack of Prima Facie Evidence of Caste-Based Intent. Appellant's involvement in murder conspiracy not established by direct evidence; bail granted under Section 14-A(2) of SC/ST Act.

The appellant, Akshay Atmaram Rathod, filed a criminal appeal under Section 14-A(2) of the Scheduled Castes and Scheduled Tribes (Prevention of Atroci...