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Supreme Court Allows Regulatory Appeal on Trial Forum under Securities and Exchange Board of India Act, 1992. Procedural Amendment to Section 26 by the 2002 Amendment Act Held Retrospective, and All Pending Trials for Pre-2002 Offences Must Proceed Before Special Court as per the 2014 Amendment.

The Supreme Court addressed a batch of appeals and writ petitions concerning the correct forum for trial of offences under the Securities and Exchange...

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NCLAT Considers Appeals by Unsuccessful Resolution Applicants Against Approval of Resolution Plan for Reliance Broadcast Network. Appeals Challenge NCLT Mumbai Orders Dismissing Objections to Challenge Process and Approving Sapphire Media Ltd.’s Plan.

This case involves five company appeals filed before the National Company Law Appellate Tribunal, Principal Bench, New Delhi, arising out of the corpo...

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Bombay High Court Stays Coercive Recovery Against Mutual Fund in Income Tax Dispute on Trust's Status. Trust Assessed as Association of Persons Cannot Prima Facie Bind Beneficiary Due to Legal Precedent and Hasty Recovery Action Foreclosed Remedies Under Section 177(3) of Income Tax Act, 1961.

The dispute arose from an assessment order for Assessment Year 2009-2010 passed against India Corporate Loan Securitisation Trust, 2008 Series 14, con...

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Bombay High Court Dismisses Appeals in Partition Suit — Upholds Finding That Properties Were Self-Acquired. Daughters Granted Equal 1/6th Share Under Hindu Succession Act, 1956 as Father Died Intestate.

The case involves a partition suit filed by three daughters (Plaintiffs) against their brother (Defendant No.1) and others, seeking a share in propert...

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Bombay High Court Quashes Termination of Contractor's License by Zilla Parishad for Lack of Hearing and Proportionality. Single Incident of Entering Meeting Hall in Self-Defence Not Sufficient Ground for License Cancellation Under Executive Instructions.

The Bombay High Court considered a petition challenging an order dated 26 February 2024 by the Zilla Parishad, Palghar, terminating the petitioner's c...

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Supreme Court Partly Allows Appeal in Partition Suit — Upholds High Court's Decree for 5/9th Share but Sets Aside Sale to Third Party. Defendant No. 7's Sale of Joint Family Property to Defendant No. 9 Held Void as Purchaser Had Notice of Pending Suit.

The case pertains to a partition suit filed by Kumar Vamanrao alias Alok, Kumar Vyas alias Prateek, and Aruna (plaintiffs) against Sudheendra (defenda...