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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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"Landmark Judgment on Property Rights and Public Welfare in Mumbai" "Balancing property ownership with the collective good under India's constitutional framework."

The Supreme Court examined whether Chapter VIII-A of the MHADA Act aligns with the principles of Article 39(b) of the Indian Constitution, which aims ...

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Supreme Court Upholds Permanent Status for Tamil Nadu Medical Services Corporation Workmen. TNMSC Employees Secured Their Rights Under the Tamil Nadu Industrial Establishments Act, 1981, After a Protracted Legal Battle

The Court has addressed cross appeals involving the Tamil Nadu Medical Services Corporation Limited (TNMSC) and its employees' union regarding the app...

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Bombay High Court Dismisses Employer's Petition Challenging Labour Court Award for Reinstatement of Workmen in Industrial Disputes Act Case. Employer Failed to Prove Valid Closure or Compliance with Section 25-H for Re-employment After Restarting Factory.

The petitioner, Meltron Engineering Industries, challenged an award of the Labour Court at Pune in a reference under Section 12(5) of the Industrial D...

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Bombay High Court Allows Petition to Declare Resignation Effective from Date of Tender in Standing Committee Membership Dispute. Resignation from Standing Committee takes effect from date of tender when accepted unconditionally, not from date of acceptance.

The petitioner, Deepak Umakant Mathpati, Chairman of the Standing Committee of Latur Municipal Corporation (LMC), filed a writ petition seeking a decl...

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Bombay High Court Dismisses Arbitration Petition Challenging Award on Share Sale Proceeds. Court upholds arbitrator's finding that petitioner signed mandate letter for sale of shares and loan repayment, rejecting allegations of fraud and forgery.

The petitioner, Jackie Kukubhai Shroff, and the respondent, Ratnam Sudesh Iyer, were shareholders in Atlas Equipfin Pvt. Ltd. (Atlas), which held shar...