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Supreme Court Upholds Conviction of Bank Manager in Embezzlement Case — Circumstantial Evidence Sufficient to Prove Criminal Conspiracy and Misappropriation of Funds

The appellant, N. Raghavender, was the Branch Manager of Sri Rama Grameena Bank, Nizamabad Branch from May 1990 to September 1995. He was convicted by...

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Bombay High Court Dismisses Writ Petition Challenging Bank's Disciplinary Action and CBI Investigation in Loan Fraud Case. Show-cause notice and CBI investigation upheld as valid and not violative of natural justice.

The petitioner, Javed S/o Edirish Memon, filed a writ petition before the Bombay High Court, Nagpur Bench, challenging a show-cause notice issued by S...

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Bombay High Court Upholds Conviction Under NDPS Act for LSD Possession — Compliance with Sections 50 and 52-A Established. Court finds no tampering with contraband and affirms ten-year rigorous imprisonment for possession of commercial quantity of LSD.

The appellant, Subodh Levi, was convicted by the Special Court under Section 22(c) of the Narcotic Drugs and Psychotropic Substances Act, 1985 (NDPS A...

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Madras High Court Upholds Insurance Company's Liability in Load Auto Accident — Pay and Recover Principle Applied. The court held that the insurer must compensate the claimant for the death of a minor occupant of a goods vehicle, despite policy violations, and can recover from the owner.

The case arises from a motor accident claim filed by the mother of a deceased minor, Suryaprakash, who died after falling from a load auto on 01.04.20...

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Supreme Court Allows Appeal by Bank Management in Dispute Over Supervisory Allowance Claim by Head Cashiers Under Sastry and Desai Awards. Labour Court's Order Granting Special Allowance Set Aside as Head Cashiers' Duties Were Primarily Clerical and Any Supervisory Work Was Incidental.

The dispute arose between the Management of State Bank of Hyderabad and its head cashiers, who were respondents, regarding their claim to a special al...

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Bombay High Court Dismisses Appeal Against Arbitral Award in Broker-Client Dispute. Court Upholds Award Directing Payment of Rs.1,58,39,459.87 but Refuses Interest and Costs Under Section 34 of Arbitration & Conciliation Act, 1996.

The appellant, Harinarayan Bajaj, entered into various share transactions on the Bombay Stock Exchange (BSE) through the respondent, Madhukar Sheth, w...