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Madras High Court Allows Bank's Writ Petition for Registration of SARFAESI Sale Certificate Despite Prior Sale Deeds by Mortgagor. Sub-Registrar Directed to Register Sale Certificate as Unauthorised Sales by Mortgagor Do Not Bind Secured Creditor.

The case involved a writ petition filed by Canara Bank under Article 226 of the Constitution seeking a mandamus to direct the Sub-Registrar, Kelamanga...

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Madras High Court Allows Writ Petition Seeking Entry of Sale Certificate in Book I Without Stamp Duty. Registering Authority Directed to Comply with Section 89(4) of Registration Act, 1908 for Sale Certificate Issued Under SARFAESI Act.

The petitioner, Kalidass, filed a writ petition under Article 226 of the Constitution of India before the Madurai Bench of the Madras High Court seeki...

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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

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High Court of Karnataka Quashes Demolition Order Against Partnership Firm in BBMP Property Dispute — Lack of Proper Notice and Violation of Natural Justice. Demolition of Building Without Giving Opportunity of Hearing Held Illegal Under Karnataka Municipal Corporations Act, 1976.

The petitioners, M/s. Raghava Reddy and Associates, a partnership firm, along with its partners, filed writ petitions under Articles 226 and 227 of th...

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Bombay High Court Dismisses Suit for Declaration of Trust and Accounts Against Bank in Palm Oil Import Dispute. Consent Decree in Prior Suit Bars Plaintiff from Claiming Sale Proceeds as Trust Property.

The plaintiffs, Bajranglal Anilkumar Jaju and Hitesh Anilkumar Jaju, filed Suit No. 824 of 1980 against The Vyasya Bank Ltd. seeking a declaration tha...

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Bombay High Court Quashes Stamp Duty Demand on Timber Auction Bid Sheets. Bid Sheet for Purchase of Timber from Forest Department Not a 'Conveyance' Under Bombay Stamp Act, 1958 as It Does Not Transfer Any Right, Title or Interest in Property.

The Nagpur Timber Merchants Association and another petitioner challenged a Government Resolution dated 27.08.2009 and subsequent directions by which ...

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Bombay High Court Acquits Accused in Village Pond Fish Killing Case Due to Lack of Evidence of Poisoning. Conviction under Section 429 IPC and Section 54 of the Bombay Fisheries Act, 1959 set aside as prosecution failed to prove that fish were killed by poison.

The case pertains to an incident in village Koper, Panvel Taluka, Raigad District, where the village pond was auctioned for fishing rights on 4.6.1995...