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High Court of Karnataka Quashes Charge Sheet in Lokayukta Case for Lack of Sanction Under Section 19 of PC Act. Petitioner, a retired Superintendent, was charged under Prevention of Corruption Act, 1988 without prior sanction from competent authority, rendering proceedings invalid.

The petitioner, Sri S.V. Nandaraju, a retired Superintendent, filed a writ petition under Article 226 of the Constitution read with Section 482 Cr.P.C...

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Supreme Court Allows Appeal in IBC Section 7 Application — Cumulative Redeemable Preference Shares Held as Debt, Not Investment. The Court held that CRPS constitute a debt under Section 3(11) of IBC, 2016, and the appellant is a financial creditor entitled to file an application under Section 7.

The appeal arises from the dismissal of the appellant's application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the NCLT and ...

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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 Karnataka Reduces Compensation in Motor Accident Claim by Correcting Multiplier from 18 to 16 for Deceased Aged 26 Years. Tribunal's award of Rs.4,65,000 reduced to Rs.4,47,000 as per Sarla Verma guidelines.

The case involves two cross-appeals arising from a motor accident claim. The accident occurred on 23.03.2011 when a KSRTC bus driven by Shivanand Badi...

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High Court of Karnataka Enhances Compensation in Motor Accident Claim Case Due to Negligence of KSRTC Bus Driver. The court upheld the finding of negligence against the bus driver and enhanced compensation by adding future prospects and standard heads.

The case involves two appeals arising from a motor accident claim. The appellant in MFA No. 30819/2012 is the Managing Director of NEKRTC, challenging...

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High Court of Karnataka Dismisses Appeal by NEKRTC in Motor Accident Claim — Compensation of Rs. 10,65,400 Upheld. Claimant Injured in Collision with Bus; Tribunal's Award Based on Proper Assessment of Injuries and Loss of Earning Capacity.

The case involves an appeal filed by the Managing Director of NEKRTC under Section 173(1) of the Motor Vehicles Act, 1988, challenging the judgment an...