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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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High Court of Karnataka Dharwad Bench Considers Writ Petitions Challenging Labour Court Orders Dismissing Interlocutory Applications. The Petitions, Filed Under Articles 226 and 227 of the Constitution, Seek Certiorari Against Orders Dated 18.06.2025 in Various KID Proceedings.

The High Court of Karnataka, Dharwad Bench, heard and reserved judgment on a batch of writ petitions filed by BDK Valves Private Limited, a company in...

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Bombay High Court Quashes Willful Defaulter Declaration Against Non-Executive Woman Director for Violation of Natural Justice. Show-Cause Notice Mandatory Under RBI Master Circular Before Declaring Non-Whole-Time Director as Willful Defaulter.

The petitioner, Manjula Bhatia, a non-executive woman director of PSL Limited, challenged the letter dated 16 July 2018 issued by Bank of Baroda decla...

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Bombay High Court Partly Allows Employer's Challenge to Industrial Court Award on Wage Revision and Education Allowance. Industrial Court's power to grant ad-hoc wage rise upheld, but education allowance award set aside for lack of evidence.

The petitioner, Ganesh Industries, an employer engaged in trading of Papad, challenged an Award dated 11 June 2019 passed by the Industrial Court, Mum...

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Bombay High Court Quashes Criminal Case Against Directors and Company in Food Adulteration Matter Due to Lack of Vicarious Liability. Failure to Show That Accused Were In Charge of and Responsible for Business Conduct at Time of Offence Under Prevention of Food Adulteration Act, 1954.

The applicants, who were directors and a company (Marico Industries Ltd.), filed an application under Section 482 of the Code of Criminal Procedure, 1...

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Bombay High Court Dismisses Petition Challenging Labour Court Award in Industrial Dispute. Burden of Proof for Employer-Employee Relationship Lies on the Person Asserting It, Not on the Employer.

The petitioner, Smt. Nirtubai w/o Jayantilal Mahule, challenged the Award dated 7-12-2011 passed by the Labour Court, Gondia, in Reference (IDA) No. 0...

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Bombay High Court Allows Writ Petition in Industrial Disputes Case — Labour Court Must Compute Amount Due Under Section 33C(2) Once Existing Right is Established. Failure to compute despite finding entitlement constitutes refusal to exercise jurisdiction.

The petitioners, employees of Model Mills, Nagpur (a unit of National Textile Corporation), filed an application under Section 33C(2) of the Industria...