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Bombay High Court Dismisses Appeals Challenging MPID Act Application in NSEL Scam Case — Held That MPID Act Applies to NSEL as a Financial Establishment and That Default in Repayment of Deposits Attracts Offences Under the Act.

The judgment arises from multiple criminal appeals and interim applications filed by various parties, including directors, brokers, and financial inst...

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Bombay High Court Dismisses Petition Seeking Permanent Employment from LIC — No Right to Regularisation for Temporary Employees. Petitioner failed to establish any legal right to permanent status or scheme for absorption under Article 226.

The petitioner, Pramod V. Bhatre, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court seeking a directio...