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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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Supreme Court Dismisses State's Appeal in Leave Encashment Case for Re-employed Government Servant. Re-employed Employee Entitled to Second Leave Encashment Under Rule 36 of Sikkim Government Services (Leave) Rules, 1982, as Rule 32 Creates Legal Fiction Treating Re-employment as Fresh Service Entry.

The dispute originated from the State of Sikkim's appeal against High Court orders that granted leave encashment benefits to a re-employed government ...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim Case — Reduces Compensation Due to Contributory Negligence of Deceased. Deceased pedestrian held 50% contributorily negligent for crossing highway without care, reducing insurer's liability under Motor Vehicles Act, 1988.

The case arises from a motor accident claim filed by the legal heirs of Devidas Gujarathi, who died in a road accident on 28th September 2012. The dec...

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High Court of Bombay Allows Appeal in Motor Accident Claim — Negligence of Driver Proved Despite Absence of Eye-Witness. Claimant entitled to compensation as rash and negligent driving established through documentary evidence and circumstances under Section 166 of Motor Vehicles Act, 1988.

The appellant, Nitin Narayanrao Magar, filed a claim petition under Section 166 of the Motor Vehicles Act, 1988, seeking compensation for the death of...

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Bombay High Court Allows Appeal for Enhanced Compensation in Motor Accident Claim - Parents and Sister of Deceased Youth Awarded Rs.3,70,000 with Interest. Tribunal's Multiplier of 12 Replaced by 18 as Per Sarla Verma Guidelines for Bachelor Aged 22.

The appeal was filed by the parents and sister of deceased Yogesh Tekode, who died in a motor vehicle accident on 17th August 2005. The deceased was r...

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Bombay High Court Allows Writ Petition of Maharashtra Public Service Commission, Quashes Tribunal's Order Granting Age Relaxation to Over-Age Candidate. Advertisement's Age Limit is Binding and Cannot Be Relaxed by Tribunal Based on Exceptional Qualifications.

The Maharashtra Public Service Commission (MPSC) published an advertisement inviting applications for the post of Education Officer. Clause 4 of the a...

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Bombay High Court Dismisses Petitioner's Challenge to Acceptance of Technical Bid in Tender for MRI Machines. Court Holds That Tender Conditions Were Complied With by Respondent No.4.

The petitioner, Philips Electronics India Ltd., filed a writ petition challenging the acceptance of the technical bid of respondent no.4, Siemens Ltd....

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Bombay High Court Dismisses Petition Challenging AICTE's Refusal to Grant Approval for MBA Course Due to Non-Compliance with Infrastructure Norms. AICTE's decision based on expert committee report and lack of essential facilities was upheld as reasonable and not arbitrary.

The petitioners, Yerala Medical Trust & Research Centre and Y.M.T. College of Management, sought to establish a new MBA course and applied to the All ...