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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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High Court of Karnataka Adjudicates Commercial Appeal Under Section 37 of Arbitration and Conciliation Act, 1996. The Appeal Questions the Upholding of Arbitral Award Granting Remuneration and Indemnity Under Reconstitution Deed of Partnership Firm.

The present Commercial Appeal under Section 13(1A) of the Commercial Courts Act, 2015 read with Section 37(1)(c) of the Arbitration and Conciliation A...

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Supreme Court Allows State Appeal Against Quashing of FIR in Airport Trespass Case — Mala Fides Cannot Be Decided at Nascent Stage of Investigation. IPC Offences Can Coexist with Aircraft Act Offences; Section 12B Does Not Bar FIR Registration.

The Supreme Court of India heard appeals by the State of Jharkhand against a judgment of the Jharkhand High Court quashing FIR No.169 of 2022 register...

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Bombay High Court Allows Deemed Promotion to Retired Employee Despite Disciplinary Proceedings — Employer Cannot Ignore Exoneration by Enquiry Officer. Stigmatic remarks in disagreement order set aside as promotion cannot be denied when employee is exonerated of all charges.

The petitioner, Rajendra S/o Baburao Patil, a retired employee of Zilla Parishad, Jalgaon, filed a writ petition seeking deemed date of promotion to t...

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High Court of Karnataka Quashes Dismissal Order in Trap Case Due to Lack of Evidence and Procedural Irregularities. Petitioner Reinstated with Back Wages as Disciplinary Proceedings Based on Unsubstantiated Trap and Non-Examination of Key Witnesses Violated Principles of Natural Justice.

The petitioner, Sri M.S. Kadkol, was a government employee who was dismissed from service based on a trap case. The trap was laid on a complaint dated...

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High Court of Judicature at Bombay Rules on Arbitration Petition No.846 of 2014 Under Section 34 of the Arbitration Act. The Court Considers Whether the Arbitral Award Dated 22 March 2014 Should Be Set Aside in Light of Various Share Sale Agreements Between the Parties.

The matter before the High Court of Judicature at Bombay arose from an arbitration petition filed by Haresh Advani under Section 34 of the Arbitration...

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Bombay High Court Dismisses Petition of Employee Challenging Dismissal for Theft — Criminal Discharge Does Not Bar Domestic Enquiry. Past Service Record Consideration Without Notice Not a Violation of Natural Justice When Not Used as a Charge.

The petitioner, Prabhu Nagnath Surve, was employed as a watchman/security guard by I.B.P. Company Limited (Respondent No. 1) after retiring from the I...

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Supreme Court Considers Whether Dearness Allowance is a Fundamental Right, Hears Appeals Against High Court Mandate to Pay Central Rates. High Court's declaration of Dearness Allowance under Article 21 and direction for parity with Central Government employees challenged by State.

The State of West Bengal filed appeals by special leave challenging the orders of the High Court at Calcutta dated 20th May 2022 and 22nd September 20...