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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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Supreme Court Upholds Withdrawal of Inter-Commissionerate Transfers for Inspectors Under Recruitment Rules 2016. Recruitment Rules Made Under Article 309 of the Constitution Prevail Over Executive Instructions, and ICTs Are Not Permissible as They Violate Separate Cadre Identity Under Rule 5.

The dispute arose from a batch of civil appeals filed by Inspectors of the Central Excise and Land Customs or Goods and Services Tax Administration, w...

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Bombay High Court Considers Whether Open University Degree is Equivalent for Promotion to Junior Research Assistant; Petitioners Challenge Communications Rejecting Equivalence.

Sixty‑two petitioners employed as Agriculture Assistants at Mahatma Phule Krishi Vidyapeeth, Rahuri, approached the Bombay High Court (Aurangabad Be...

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High Court of Judicature at Bombay Hears Customs Appeals on Domestic Clearance of Duty-Free Input Products Under Advance Authorizations. Core Issue Whether Tribunal Correctly Interpreted Foreign Trade Policy 2004-2009 Paras 4.1.3 and 4.1.5 to Permit Domestic Sales Before Export Obligation Fulfillment.

The High Court of Judicature at Bombay heard a batch of 17 customs appeals filed by various companies and individuals against three Commissioners of C...

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Bombay High Court Dismisses Petitions for Appointment as Assistant Traffic Inspector Due to Laches and Lack of Enforceable Right. Petitioners failed to challenge termination of appointment orders within reasonable time and could not establish a vested right to the post.

The case involves three writ petitions filed by individuals who were selected for the post of Assistant Traffic Inspector (ATI) in the Kolhapur Munici...

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Bombay High Court Dismisses Writ Petitions Challenging Seniority List in High Court Staff Service. Court upholds the principle that seniority is determined by the date of continuous officiation in a cadre, not by the date of initial appointment or confirmation.

The case involves four writ petitions filed by employees of the High Court of Bombay, Bench at Aurangabad, challenging the seniority list of Assistant...