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Bombay High Court Delivers Oral Judgment on Petitions Challenging SEBI's Show Cause Notices to Auditors of Satyam Computers. Question of SEBI's Jurisdiction under Sections 11, 11B, and 11(4) of SEBI Act Raised in Wake of Satyam Fraud Disclosure.

The matter arose from writ petitions filed by Price Waterhouse & Co. and other chartered accountant firms along with individual partners challenging t...

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Bombay High Court Considers Restitution Plea in Testamentary Proceedings. Alleged Fraudulent Consent Terms Discharge Court Receiver Without Court Order; Applicants Seek Possession Restored.

The dispute arose from the estate of Shalini Devi Ghatge, who died on 12.08.1982 leaving two wills. One will dated 06.01.1982 was propounded by the ex...

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High Court Quashes Teacher Approval Cancellations Due to Procedural Defects and Vague Notices. Show-cause notices lacking specific allegations violate natural justice, and mass hearings for 150 employees raise fairness concerns under administrative law principles.

The dispute involved three writ petitions filed by individual teachers and their school managements against state education authorities challenging or...

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Karnataka High Court Hears Writ Petition Challenging Recall of Tender for Mine Operator Under Section 14 of Karnataka Transparency in Public Procurement Act, 1999. Court Examines Whether Lowest Bidder Has Vested Right and Whether Conviction of Ex-Directors Justifies Cancellation.

The Karnataka Power Corporation Limited (the Corporation) issued a notice inviting tender on 02.12.2020 for the selection of a Mine Operator for the d...

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Bombay High Court Examines Whether Writ Petition Lies Against National Stock Exchange for Termination. Maintainability Questioned on Grounds That NSE is Not State Under Article 12 and Dispute is Contractual.

The petitioner, Suprabhat Lala, was appointed as a Manager with the National Stock Exchange (NSE) on 1 October 2001 under terms and conditions set out...

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Bombay High Court Dismisses Petition Challenging Appointment of Administrator for Co-operative Housing Society Under Section 77A of MCS Act, 1960. Court upholds Registrar's power to appoint administrator when committee fails to convene annual general meeting and elections are overdue.

The petitioners, members of Ganga Bhavan Co-operative Housing Society Limited, challenged the appointment of an administrator by the Deputy Registrar ...