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Supreme Court

Supreme Court Allows SEBI's Appeal Against Securities Appellate Tribunal's Order Setting Aside Penalties for Fraudulent Diversion of Funds. The Court Held That Immediate Diversion of Preferential Allotment Proceeds from Disclosed Objects Constitutes Fraudulent and Unfair Trade Practices Under SEBI PFUTP Regulations, 2003, and Ratification Cannot Cure Such Violations.

17 Mar 2026

The dispute arose from Securities and Exchange Board of India's (SEBI) action against Terrascope Ventures Limited (formerly Moryo Industries Limited) ...

Supreme Court

Supreme Court Acquits Russian National in NDPS Case Due to Procedural Violations and Unreliable Evidence. Conviction Overturned for Non-Compliance with Search Procedures and Doubtful Arrest Timing

30 Jan 2026

The Supreme Court acquitted Appellant, a Russian national, who was convicted under the Narcotic Drugs and Psychotropic Substances Act, 1985 for posses...

High Court

High Court of Karnataka Allows Bank's Appeal in Bond Amount Recovery Dispute — Refund of Rs. 3,00,000 Set Aside. Clause 11(k) of Appointment Letter and Indemnity Bond Held Valid and Enforceable as Employee Resigned Before Completing Stipulated Service Period.

28 Feb 2025

The case pertains to a writ appeal filed by Vijaya Bank (now Bank of Baroda) against an order of a learned Single Judge of the Karnataka High Court. T...

High Court

KAHC010371442012_1

20 Apr 2023

The judgment pertains to an appeal by an insurance company against a compensation award and a cross-objection by claimants seeking enhancement. The de...

High Court

Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Restores Arbitral Award Holding Put and Call Options in Share Purchase Agreement as Enforceable. The court held that clauses 8.5 and 8.5.1 of the Share Purchase Agreement are not forward contracts or derivatives under SCRA and SEBI circulars, and the Single Judge erred in setting aside the award.

2 Feb 2023

The appellants, Percept Finserve Private Limited and Percept Limited, entered into a Share Purchase Agreement with Edelweiss Financial Services Limite...

High Court

Bombay High Court Dismisses Appeals Against Acquittal in Cheque Dishonour Case Due to Failure of Consideration. Complainant failed to prove legally enforceable debt as share transfer was not completed under MOU.

10 Jan 2020

The case involves two appeals filed by Harendra Ramchandra Pathak (complainant) against the acquittal of Dharmendra Ratan Mhatre and Rajendra Ratan Mh...

High Court

Bombay High Court Dismisses Plaint in Copyright Infringement Suit for Lack of Cause of Action and Abuse of Process. Plaintiff failed to identify any protectable work or substantial similarity with defendant's film, leading to dismissal with costs.

2 Aug 2016

The plaintiff, Akashaditya Harishchandra Lama, filed a suit for copyright infringement seeking an interim injunction to restrain the release of the fi...

High Court

Bombay High Court Dismisses Appeal Against CLB Order Directing Payment of Gratuity Under Consent Terms — Contractual Obligation Binding Despite Statutory Ineligibility Under Payment of Gratuity Act, 1971. Consent terms in company petition under Sections 397 and 398 of Companies Act, 1956, requiring payment of gratuity to resigning director, enforced by CLB.

10 Jul 2015

The case arose from a company petition filed by Appellant No.2 before the Company Law Board (CLB) against Appellant No.1 and the Respondent under Sect...

High Court

Bombay High Court Quashes Dismissal of CISF Constable for Sleeping on Duty Due to Violation of Natural Justice and Disproportionate Punishment. Disciplinary proceedings set aside as inquiry officer failed to consider defence evidence and punishment of dismissal was shockingly disproportionate to the alleged misconduct.

6 Aug 2014

The petitioner, Ram Padarth Tiwari, was a constable in the Central Industrial Security Force (CISF) who was dismissed from service for allegedly sleep...

High Court

Bombay High Court Dismisses Shareholder Suit Challenging Director Appointments for Lack of Jurisdiction. Dispute Over Rights Under Articles of Association Falls Within Exclusive Jurisdiction of Company Law Board Under Companies Act, 1956.

24 Mar 2014

The suit was filed by shareholders of a banking company, Yes Bank, challenging resolutions relating to the appointment of directors and seeking declar...

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