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Bombay High Court Sets Aside Opinion of Adjudicating Authority Under FEMA for Failure to Supply Documents and Provide Reasons. The Court Directs That All Documents Referred to in the Complaint Must Be Furnished and That the Opinion Under Rule 4 of the Adjudication Rules Must Be a Reasoned Order.

The writ petition was filed by Lalit Kumar Modi, a former Vice President of the Board of Control for Cricket in India (BCCI) and Chairman of the India...

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Bombay High Court Hears Writ Petitions by Air India Pilots Challenging Continuation of Departmental Enquiries Beyond Superannuation. Pilots Assert Workmen Status Under Industrial Disputes Act, 1947, and Claim Shortfall Allowance.

The High Court of Judicature at Bombay heard two writ petitions filed by two Air India pilots, Kenneth Khan and R.J. Khadiwala, who were respectively ...

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Supreme Court Allows Assessee's Appeals; Profits from Sale of Gold and Shares Held Capital Receipts Not Taxable as Income. Court Rules Transactions Were Realisation of Investment, Not Adventures in Nature of Trade, and High Court Erred in Treating Tribunal's Finding as Unreviewable Fact.

The appeals arose from references under Section 66(2) of the Income Tax Act, 1922 concerning the assessee, a large landholder, who had inherited subst...

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Bombay High Court Dismisses Writ Petition Challenging Appointment of Vice-Chancellor of Pune University; Holds No Violation of Prescribed Qualifications. Court Finds that Petitioner Failed to Prove That Incumbent Lacked Essential Qualifications Under the Maharashtra Universities Act, 1994.

A writ petition under Article 226 of the Constitution of India was filed by Dr. Prabhakar J. Lavakare challenging the appointment of Respondent No.4, ...

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Supreme Court Upholds Competition Commission's Power to Differ from DG Report and Penalty Principles Under Competition Act, 2002. Appeal Against COMPAT Order Partially Setting Aside Penalties and Behavioural Remedies Raises Interpretation of Sections 3, 27, and 48.

The present statutory appeal under Section 53T of the Competition Act, 2002 was filed by the Competition Commission of India against the judgment and ...

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Bombay High Court Dismisses Developer's Suit for Specific Performance Against Cooperative Housing Society and Members Due to Lack of Privity and Authority. The court held that a cooperative society cannot bind its members to a development agreement without their consent, and the suit was not maintainable.

The plaintiff, Vardhman Developers Ltd., filed a suit for specific performance of a development agreement against Borla Co-operative Housing Society L...

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Madras High Court Quashes Reference in Industrial Dispute Against Minority School — Lack of Jurisdiction Under Industrial Disputes Act. School Employee's Dispute Not an 'Industrial Dispute' as School is Not an 'Industry' Under Section 2(j) of Industrial Disputes Act, 1947.

The petitioner, Amalorpavam Higher Secondary School, an unaided private minority school recognized under the National Commission for Minority Educatio...