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Supreme Court Directs SEBI to Liquidate Attached Assets and Refund Investors in Collective Investment Scheme Case — Court Emphasizes Need for Time-Bound Disposal and Coordination Between Authorities

The petitioners, who are husband, wife, and their son, were founder-directors of Sai Prasad Properties Ltd and other companies in the Sai Group. They ...

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Bombay High Court Quashes Reopening Notice Under Section 148 of Income Tax Act for Lack of Failure to Disclose Material Facts. Reassessment After Four Years Invalid as Assessee Had Made Full Disclosure During Original Assessment Under Section 143(3).

The petitioner, Glaxosmithkline Pharmaceuticals Ltd., challenged a notice dated 28 March 2019 issued under Section 148 of the Income Tax Act, 1961 for...

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Bombay High Court Dismisses Writ Petition Challenging MPCB Closure Order for Violation of Environmental Norms. Petitioner's failure to obtain valid consent to operate under Water and Air Acts justifies closure for operating without environmental clearance.

The petitioner, Green Gene Enviro Protection and Infrastructure Limited, filed a writ petition under Article 226 of the Constitution of India before t...

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Gujarat High Court Partly Allows Insurance Company's Appeal, Reduces Interest Rate in Motor Accident Claim. Claimant's compensation of Rs.19,08,550 upheld but interest reduced from 9% to 7.5% per annum under Section 173 of Motor Vehicles Act, 1988.

The case arises from a motor accident that occurred on 18.06.2011 when the claimant, a pedestrian, was hit by a tanker bearing registration No. GJ-6-V...

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Bombay High Court Dismisses Petition of Bank Employee Seeking Withdrawal of Voluntary Retirement. Employee's Application for Withdrawal After Acceptance of Resignation Not Maintainable as Per Service Regulations.

The petitioner, Sadiq Shafi Qureshi, was serving as an Assistant Manager with the erstwhile Corporation Bank (now merged with Union Bank of India). He...

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Bombay High Court Allows Widow's Petition for Family Pension Despite Non-Recording in Service Book. Compromise Decree Declaring Her as Legal Wife Is Binding on Pension Authorities Under Maharashtra Civil Services (Pension) Rules, 1982.

The petitioner, Bharti wd/o Gorakhnath Gaikwad, filed a writ petition under Articles 226 and 227 of the Constitution of India before the Bombay High C...