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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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Bombay High Court Examines Insurer's Defense in Motor Accident Compensation Case Based on Incompatible Driving License. Insurer Relies on Section 149(2)(a)(ii) of Motor Vehicles Act, 1988, Arguing Driver's Light Motor Vehicle License Was Invalid for Heavy Goods Vehicle Involved.

The appeal arose from a motor accident claim in which the parents of a seven-year-old girl, who died after being hit by a truck while returning from s...

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High Court of Karnataka Dismisses Writ Petition Challenging Tender Rejection in Airport Authority of India Contract. Petitioner's bid rejected for non-submission of manufacturer's authorization as per tender conditions; court upholds strict compliance with tender requirements.

The petitioner, M/s. Adinath Electricals, a proprietorship firm represented by Smt. Rekha Shiyal, filed a writ petition under Articles 226 and 227 of ...