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Supreme Court Allows Appeal in MPID Act Deposit Dispute — High Court Erred in Treating Investment as Loan Transaction. The court held that amounts advanced with promise of interest constitute 'deposit' under Section 2(c) of MPID Act, and failure to repay amounts to 'fraudulent default' under Section 3.

The present appeal arises from a judgment of the Bombay High Court dismissing the appellants' Criminal Revision Application under the MPID Act. The ap...

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Bombay High Court Quashes All Criminal Complaints Between Spouses in Matrimonial Dispute Based on Compromise and Consent Terms. Court Grants Divorce by Mutual Consent Under Section 13B of Hindu Marriage Act, Waiving Cooling-Off Period, and Quashes Proceedings Under Section 482 CrPC.

The petitioners, Mrs. Dhara Surbhit Barla and Mr. Surbhit Dileep Barla, were a married couple who got married on 0/5/2006. Disputes arose between them...

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Bombay High Court Modifies Labour Court Award in MSRTC Employee Back Wages Case — Full Back Wages Reduced to 50% Due to Employee's Laches and Delay in Prosecuting Remedy. Employee's removal under unconstitutional regulation did not automatically entitle full back wages; conduct and delay relevant.

The petitioner, Maharashtra State Road Transport Corporation (MSRTC), challenged the Labour Court's award dated 18/10/2008 in IDA Reference No. 4/2007...

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High Court of Karnataka Acquits Accused in POCSO and Rape Case Due to Inconsistent Evidence. Conviction under Section 376 IPC and Section 5(n) read with Section 6 of POCSO Act set aside as prosecution failed to prove guilt beyond reasonable doubt.

The appellant, Eshwar, was convicted by the LIV Additional City Civil and Sessions Judge, Bengaluru, in Special C.C. No. 597/2014 for offences under S...

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High Court of Karnataka Quashes Criminal Proceedings in Foreign Trade Act Case Due to Lack of Sanction. Proceedings Initiated Without Mandatory Sanction Under Section 61 of the Foreign Trade (Development & Regulation) Act, 1992 Are Void Ab Initio.

The petitioner, N. Mruthunjaya @ Muthu, was the accused in four criminal cases (C.C. Nos. 1221/2003, 1222/2003, 1223/2003, and 1224/2003) pending befo...

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Bombay High Court Allows Revision Against Dismissal of Complaint for Default in Absence of Accused — Section 256 CrPC Not Applicable When Accused Absent. Complaint Under Section 138 Negotiable Instruments Act Restored as Magistrate Exceeded Jurisdiction.

The applicant, Agasti Sarv Seva Sangh, filed a criminal complaint against the respondent, Rohidas Dharma Rathod, alleging offences under Section 138 o...