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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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High Court of Judicature at Bombay Quashes Criminal Proceedings Against BPCL Officials—Lack of Offence Under Essential Commodities Act, 1955 and LPG Distribution Order, 2000

Absence of Statutory Violation—No Offence Attracted Under Section 7 of the Essential Commodities Act, 1955—Unauthorized Raid by Vigilance Squad Re...

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Petitioner’s Appeal Reinstated as Dismissal Grounds Found Invalid; Directions Issued for De Novo Consideration. High Court quashes Appellate Authority's dismissal due to procedural irregularities and remands for reconsideration.

The High Court quashed the impugned order dismissing the Petitioner’s appeal due to alleged non-compliance with pre-deposit requirements and lack of...

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Supreme Court Allows HUDA's Appeal in Land Acquisition Case — Section 5A Compliance Upheld. Collector's recommendation not binding on State Government; no discrimination found in acquisition of land for development.

The case involves appeals by Haryana Urban Development Authority (HUDA) against the High Court's judgment quashing land acquisition notifications unde...

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High Court of Karnataka Dismisses CBI's Petition for Cancellation of Bail in Illegal Mining Case — Computation of 90 Days Under Section 167 Cr.P.C. Commences from Date of Production Before Court, Not from Service of Body Warrant on Jail Authorities.

The Central Bureau of Investigation (CBI) filed a criminal petition under Section 439(2) of the Code of Criminal Procedure, 1973 (Cr.P.C.) seeking can...

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Bombay High Court Allows Appeal in Unfair Labour Practice Case — Reinstatement with Back Wages Granted for Illegal Termination. Workman's Dismissal Without Proper Enquiry and Without Compliance with Section 25F of Industrial Disputes Act, 1947 Held Illegal.

The appellant, Chandrashekhar Chintaman Vaidya, was employed by the respondent, National Organic Chemical Industries Ltd., as a workman. He was dismis...