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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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High Court of Karnataka Hears Writ Petition Seeking Enforcement of RBI COVID-19 Moratorium Package. Petitioner Challenges Banks' Denial of Moratorium Under RBI Circular Dated 27.03.2020.

Velankani Information Systems Limited, a company operating an IT park and a five-star hotel in Bengaluru, availed term loans aggregating Rs. 475 crore...

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High Court Allows Writ Petition for Compensation Under COVID-19 Ex-Gratia Scheme -- Wife of Deceased MSRTC Employee Granted Rs. 50 Lakhs Despite Not Being a Driver -- MSRTC Directed to Pay Compensation with Interest

The High Court allowed a Writ Petition filed by the wife of a deceased MSRTC employee, directing MSRTC to pay compensation of Rs. 50,00,000 under a CO...

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High Court of Karnataka Hears Petitions Challenging Tender and Work Orders in Cooperative Milk Marketing. Petitions Filed by Warehousing Agent and Co-Packer Against Karnataka Cooperative Milk Federation and Its Unions Alleging Breach of Exclusive Contracts for Telangana Operations.

Background: The case involved two writ petitions filed before the High Court of Karnataka challenging certain actions of the Karnataka Co-operative Mi...

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Karnataka High Court Quashes Criminal Proceedings Under PC & PNDT Act Due to Non-Maintenance of Form-F Not Being an Offence and Procedural Lapses. Allegation of Expired Registration Fails as Authority Delayed Renewal Application Beyond Two Years, and No Prior Hearing Was Given Under Section 20.

The petitioners, owner and registered medical practitioner of a clinical laboratory, filed a petition under Section 482 of the Code of Criminal Proced...