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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 Allows Writ Petition Quashing Summons Issued Under Section 126 BNSS for Non-Compliance with Procedural Safeguards. The Court Holds That Executive Magistrate Must First Pass Order Under Section 130 BNSS Before Issuing Summons.

The writ petition before the High Court of Karnataka challenged the summons dated 30.09.2025 issued by the Executive Magistrate (Respondent No.3) unde...

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Bombay High Court Allows Landlord's Petition in Eviction Suit Based on Bonafide Requirement and Non-User of Premises by Tenant. Tenant's Appeal Reversed as Appellate Court Failed to Appreciate Evidence of Tenant's Acquisition of Suitable Alternative Accommodation.

The petitioner, Mohan Vishwanath Mulay, filed a writ petition against the judgment and order dated 29th March 1993 passed by the Additional District J...