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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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Bombay High Court Upholds Constitutional Validity of Time Limit for Availing Input Tax Credit Under Section 16(4) of CGST Act. The court held that the time limit is mandatory and not directory, and retrospective amendments are valid.

The Bombay High Court, in a batch of writ petitions, addressed the constitutional validity and interpretation of Section 16(4) of the Central Goods an...

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Bombay High Court Dismisses Appeal Against Interim Attachment of Bank Accounts in Arbitration Dispute. Section 37 Appeal Under Arbitration and Conciliation Act, 1996 Fails as Petitioner Failed to Demonstrate Prima Facie Case or Irreparable Loss.

The petitioner, Ajazul Haque Khan, filed a petition under Section 37 of the Arbitration and Conciliation Act, 1996, challenging an order dated January...

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Karnataka High Court Quashes Penal Back Billing Order in Electricity Theft Case — No Evidence of Tampering or Pilferage. Mere Fluctuation in Load Factor Does Not Attract Penal Provisions Under Clause 42.05 of Conditions of Supply of Electricity.

The petitioner, M/s Eureka Forbes Limited, a public limited company, owned a composite premises in Bommasandra Industrial Area, Bengaluru. In 2007, it...

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Bombay High Court at Goa Quashes Lokayukta Investigation in Tourism Contract Case for Lack of Jurisdiction. Lokayukta Cannot Investigate Matters Already Decided by Competent Authority Under Section 12 of the Goa Lokayukta Act, 2011.

The case involves three writ petitions filed by Bhumika Cleantech Services Pvt. Ltd., Manish R. Mohata, and Ram Cleansers & Developers Pvt. Ltd. chall...

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Bombay High Court Transfers Investigation of Custodial Murder to CBI and Directs Registration of FIR Against Police Officers. The court found that the victim died due to injuries sustained while in police custody and that the investigation by CID was not impartial, warranting transfer to CBI.

The petitioners, wife, father, and brother of the deceased Shaikh Muhammed Shaikh Rustam, filed a criminal writ petition seeking transfer of investiga...

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High Court of Karnataka Enhances Compensation for Minor with 90% Disability in Motor Accident Case — Rs. 16,50,000 Increased to Rs. 25,00,000 with 6% Interest. Loss of future prospects and attendant charges awarded for minor victim with amputation of both legs.

The appellant, Kumari Laxmi, a minor aged 2 years, suffered severe injuries in a motor accident, resulting in amputation of her left leg above the kne...