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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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High Court of Karnataka Dismisses Writ Petition Challenging Removal of Adhyaksha of Grama Panchayat; Rule 3(7) of Karnataka Panchayat Raj (Motion of No Confidence) Rules, 1994, Prohibits Debate, and Non-Recording of Reasons Does Not Vitiate the Proceedings.

The petitioner, Smt. Gangambike, had been elected as a member of Koppa Grama Panchayat, Piriyapatna Taluk, on 17 May 2010, and subsequently as Adhyaks...