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Bombay High Court Passes Order on Interim Plea Over Yes Bank Management Rights Claimed by Heirs of Ashok Kapur. Core Issue Involves Interpretation of Articles of Association Regarding Heritability of Co-founder's Defined Privileges Following His Death in 2008 Mumbai Terror Attacks.

The judgment deals with a Notice of Motion taken out by the legal heirs of late Ashok Kapur, co-founder of Yes Bank, who perished in the November 2008...

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Bombay High Court Considers Winding Up Petition Under the Companies Act, 1956, on Grounds of Loss of Substratum and Insolvency Due to Quashing of 2G Licenses; Final Disposition Not Extracted. Allegations of Dysfunctional Board and Insolvency Form Basis of Just and Equitable Winding Up Claim.

This Company Petition was filed by Etisalat Mauritius Ltd. (Petitioner), a wholly owned subsidiary of Emirates Telecommunications Corporation, seeking...

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High Court of Bombay Determines Compensation in Land Acquisition References for MSRTC Bus Depot at Dahisar, Borivali. Comparable Land Sale Instances Analyzed to Fix Market Value Under Land Acquisition Act, 1894.

This matter involved a group of land acquisition references under Section 18 of the Land Acquisition Act, 1894, filed by land owners whose properties ...

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Bombay High Court Dismisses Appeal of Convicted Accused in Mass Murder Case. Injured Eye Witness Testimony and Prompt FIR Naming Accused Led to Conviction Under Section 302 Read with Section 149 IPC Despite Defence Challenges on Identification and Motive.

The appeal before the Bombay High Court arose from the conviction of three appellants by the Sessions Court, Solapur, for offences under Section 302 r...

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High Court of Judicature at Bombay Considers Wealth Tax References and Writ Petition on Inclusion of Seized Gold in Net Wealth. Assessee Challenged Valuation of Gold Seized Under Gold Control Act, Claiming Nil Value Due to Confiscation and Revenue's Prevention of Investment in Exempt Gold Bonds.

The matters before the Bombay High Court comprised wealth tax applications, references, income tax appeals, and a writ petition arising from inclusion...

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Bombay High Court Partly Allows Accused Appeals in MCOC Extortion Case Due to Defective Charge and Excessive Sentence. Conviction under Sections 364, 386 read with 120B IPC and Section 3(1)(ii) MCOC Act upheld; Arms Act and Section 3(4) MCOC convictions set aside and sentence reduced.

The case arose from an extortion incident in Mumbai where a travel business owner was abducted and forced to pay a ransom of Rs.5 lakh. Accused person...