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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration and Conciliation Act, 1996 — Upholds Arbitral Award Holding Stockbroker Liable for Unauthorized Trades by Agent. Broker Failed to Prove Client Authorization for Disputed Trades, Resulting in Compensation of Rs.14,37,200/- to Client.

The case involves an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, filed by IIFL Capital Services Limited (formerly IIFL Secu...

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Bombay High Court Quashes Reassessment Notices Under Section 148 of Income-tax Act for A.Y. 2012-13 Based on Search Action — Held That Section 153C Overrides Section 147 for Search-Related Assessments

The Bombay High Court disposed of a batch of writ petitions challenging notices issued under Section 148 of the Income-tax Act, 1961 for the assessmen...

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Bombay High Court Dismisses Acquiring Body's Writ Petition Challenging Section 28-A Award as Not Maintainable Due to Alternative Remedy. Acquiring Body Cannot Seek Reference Under Section 28-A(3) of Land Acquisition Act, 1894, as It Is Not a 'Person Interested' and Is Barred by Section 50(2).

The Bombay High Court dealt with three writ petitions filed by the Maharashtra Krishna Valley Development Corporation Limited, the acquiring body for ...

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Bombay High Court Dismisses Petitioners' Challenge to Land Acquisition for BAPS Temple Construction — Acquisition Upheld as Valid Public Purpose Under MRTP Act, 1966. Petitioners lacked locus standi and filed petition after 10-year delay, leading to dismissal.

The petitioners, Mr. Salim Naim Khan and Mrs. Reshma Salim Khan, filed a writ petition challenging the acquisition of land by the State of Maharashtra...

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Supreme Court Allows Appeal in Mediclaim Policy Renewal Dispute — Insurer Must Disclose Material Changes in Coverage at Renewal. Renewal of Insurance Policy is Not a Fresh Contract; Insurer Owed Duty to Inform Insured of Restrictive Terms Under Principle of Utmost Good Faith.

The appellants, Jacob Punnen and his wife, held a Mediclaim policy with United India Insurance Co. Ltd. since 1982, renewed annually. In March 2008, t...

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High Court of Karnataka Hears Petition Under Section 482 Cr.P.C. Challenging Discharge of Accused in Illegal Mining Case — Allegations of Fraudulent Mining Operations and Criminal Conspiracy Examined

The petitioner, an NGO, originally filed a writ petition before the Supreme Court of India under Article 32 of the Constitution seeking an investigati...

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