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Bombay High Court Upholds Arbitral Award in Favor of Sharebroker in Time-Barred Claim Dispute. Limitation Period for Quarterly Settlement Runs from End of Quarter Under Article 113 of Limitation Act, 1963.

The petitioner, Mukesh Mansukhbhai Kanani, challenged an arbitral award passed by the Appellate Arbitral Tribunal of the National Stock Exchange, whic...

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WRIT PETITION NO. 3310 OF 2017

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Supreme Court Holds Section 15J Factors Illustrative in SEBI Penalty Adjudication. Adjudicating Officer Retains Discretion to Consider Mitigating Circumstances Beyond Stipulated Factors Under SEBI Act.

The Supreme Court of India adjudicated a reference arising from multiple civil appeals concerning the interpretation of Section 15J of the Securities ...

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Karnataka High Court Adjudicates Writ Petition Challenging Transfer Order of Workman for Alleged Violation of Certified Standing Orders. Petition Raises Question Whether Inter-Unit Transfer is Permissible Under Standing Order Clause 7 and Industrial Employment (Standing Orders) Act, 1946.

The petitioners, a Junior Section Officer employee (first petitioner) and a registered Trade Union (second petitioner), challenged an inter-unit trans...

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Bombay High Court Dismisses Trade Union's Challenge to Exemption of Security Guards Under Section 23 of Maharashtra Private Security Guards Act. Board's Discretion to Grant Exemption Upheld as No Hearing Required for Trade Unions.

The Bombay High Court disposed of two writ petitions filed by Maharashtra Suraksha Rakshan Aghadi, a registered trade union, challenging notifications...

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Bombay High Court Dismisses Petition Challenging Distance Requirement Between General and Hazardous Cargo at Container Freight Stations. Circular 4/2011 and Public Notice 8/2011 prescribing 30-meter distance held valid under Customs Act, 1962 and Environment (Protection) Act, 1986.

The petitioner, M/s. CFS Association of India, representing eleven Container Freight Stations (CFS) handling nearly 80% of local container cargo at Nh...

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"Supreme Court of India Resolves Complexities in Taxation of Mineral Rights" "Judgment Clarifies Legislative Powers and the Nature of Royalty in Mining Sector"

The Supreme Court of India addressed a significant dispute regarding the distribution of legislative powers between the Union and the States, specific...

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Supreme Court Partially Strikes Down FCRA Amendment Act 2020 — Ban on Transfer of Foreign Funds and Mandatory Aadhaar Held Unconstitutional. The court upheld the requirement of a single FCRA account at SBI New Delhi as a reasonable regulatory measure to prevent misuse of foreign funds.

The judgment deals with a batch of writ petitions challenging the constitutional validity of certain amendments made to the Foreign Contribution (Regu...

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Supreme Court Examines Bona Fides of Insolvency Proceedings by Telecom Service Providers to Avoid AGR Dues. The Court held that no fresh dispute on AGR dues can be raised after final judgment and that spectrum cannot be subject of IBC proceedings.

The Supreme Court was hearing miscellaneous applications in the ongoing litigation concerning the definition of Adjusted Gross Revenue (AGR) and the p...

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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration and Conciliation Act, 1996 — Upholds Arbitral Award Holding Stockbroker Liable for Unauthorized Trades by Agent. Broker Failed to Prove Client Authorization for Disputed Trades, Resulting in Compensation of Rs.14,37,200/- to Client.

The case involves an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, filed by IIFL Capital Services Limited (formerly IIFL Secu...