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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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Supreme Court Allows Appeal in Santiniketan Construction Case - Appellants Wins Against Demolition Order - High Court's Direction for Demolition and Compensation Set Aside

The Supreme Court allowed the appeals filed by Appellants challenging the High Court's order directing demolition of their building in Santiniketan ar...

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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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High Court Allows Professor's Petition Challenging Chancellor's Order Voiding Nomination to Board of Studies in Maharashtra Public Universities Act Case. Nomination Under Section 40(2)(b)(ii) Held Valid as Petitioner is a 'Teacher' Under Section 2(44) of the Act.

The petitioner, Dr. Shankar Bhagwan Ambhore, a Professor and Head of Department in Economics at Smt. Dankunwar Mahila Mahavidyalaya, Jalna, was nomina...

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Bombay High Court Quashes State Board's Rejection of GNM Course Proposal Based on Indian Nursing Council's Ultra Vires Notifications. Notifications Phasing Out GNM Course Held Without Statutory Authority Under Indian Nursing Council Act, 1947.

The petitioner, Dr. Keshav Baliram Hedgewar Paryayi Shiksha Mandal, a trust running educational institutions, proposed to start a General Nursing and ...

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Bombay High Court Dismisses Petition Challenging Categorization Under 1992 Guidelines for Premature Release of Life Convict in Murder During Robbery Case. Petitioner's Offence of Murder During Robbery Correctly Categorized Under Category 5(a) of the 1992 Guidelines, Which Superseded the 1978 Guidelines.

The petitioner, Harjeetsingh Niranjansingh Jabbal, was convicted under Sections 302 and 397 of the Indian Penal Code for murder committed during a rob...

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Bombay High Court Allows Writ Petition Against Rejection of KVSS Declaration — Post-Manufacturing Expenses Dispute. The court held that an appeal is pending until the order is communicated to the party, and thus the declaration under Section 95 of the Finance (No.2) Act, 1998 was validly filed.

The petitioner, M/s. Pepsico India Holdings Ltd., a company engaged in manufacturing aerated water, soft drinks, and fruit-pulp based drinks, was issu...