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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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Bombay High Court Quashes University Communication Removing Professor as Head of Department for English. Communication Issued Without Following Principles of Natural Justice and Without Providing Opportunity of Hearing Held Invalid.

The petitioner, Dr. Geeta Mallikarjun Patil, was a Professor in the Department of English at Dr. Babasaheb Ambedkar Marathwada University, Aurangabad....

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Supreme Court Dismisses Challenge to NLSIU's Separate Admission Test NLAT — Upholds University's Autonomy in Admission Process. NLSIU's decision to conduct its own entrance exam for 2020-21, deviating from CLAT, was held to be within its statutory powers under the NLSIU Act, 1986, and not arbitrary.

The judgment arises from a public interest writ petition filed under Article 32 of the Constitution of India by Rakesh Kumar Agarwalla, father of a st...

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Supreme Court Dismisses PIL Seeking National Plan Under Disaster Management Act for COVID-19 Pandemic. Existing National Disaster Management Plan and Funds Held Sufficient for Pandemic Response.

The writ petition was filed as a public interest litigation by the Centre for Public Interest Litigation seeking directions to the Union of India to p...

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Bombay High Court Dismisses Appeal Against Refusal of Ad-Interim Relief in Suit Challenging BMC's Demolition Notice. Occupants of Unauthorized Structures Not Entitled to Injunction Against Statutory Authority Under Section 351 of Mumbai Municipal Corporation Act, 1888.

The appellants, occupants and owners of premises in Manish Apartment, Vile Parle, filed a suit seeking injunction against the Municipal Corporation of...

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Bombay High Court Dismisses Appeal by YES Bank in Shareholder Dispute Over Board Control and Share Transfer. Court upholds interim order restraining transfer of shares and appointment of directors pending final disposal of suit.

The present appeal arises from an interim order passed by a learned Single Judge of the Bombay High Court in a suit filed by the respondents (original...