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Bombay High Court Quashes NSE Stop Transfer Order and Directs Issuance of Duplicate Share Certificates — NSE Cannot Invoke Section 108 of Companies Act, 1956 to Freeze Shares of a Non-Defaulting Shareholder.

The petitioner, Aloysius D'Souza, acquired shares of Dr. Reddy's Laboratories Ltd. between 1986 and 1997. In 2007, he applied for duplicate share cert...

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High Court of Karnataka Allows Appeal in Negotiable Instruments Act Case — Reverses Acquittal for Dishonour of Cheque. Presumption of Legally Enforceable Debt Under Section 139 of N.I. Act Stands Unless Rebutted by Accused.

The appellant, Sri Rangaswamy, filed a criminal appeal under Section 378(4) of the Code of Criminal Procedure, 1973, challenging the judgment dated 15...

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High Court of Karnataka Dismisses Insurance Company's Appeal in Motor Accident Claim — Jurisdiction Objection Rejected. Claimants Awarded Compensation of Rs.4,22,900/- with 6% Interest for Death in Lorry Accident.

The appeal was filed by the insurer, Royal Sundaram Alliance Insurance Company Limited, challenging the judgment and award dated 10.08.2012 passed by ...

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High Court of Karnataka Dismisses Insurance Company's Appeal in Motor Accident Claim — Jurisdiction Objection Overruled. Claimants awarded compensation of Rs.4,22,900/- with interest at 6% p.a. for death in road accident.

The appeal was filed by the insurer, Royal Sundaram Alliance Insurance Company Limited, challenging the judgment and award dated 10.08.2012 passed by ...

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Bombay High Court Dismisses Airport Operator's Challenge to Customs Regulation Requiring Bill of Entry for Export Goods. Regulation 5(2) of Handling of Cargo in Customs Areas Regulations, 2009 Held Intra Vires Customs Act, 1962 and Constitutional.

The petitioner, M/s. Mumbai International Airport Private Ltd., filed two writ petitions challenging the validity of Regulation 5(2) of the Handling o...