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Supreme Court Allows Appellant in SEBI PFUTP Regulations Case Due to Non-Disclosure of Investigation Report. The Court Held That the Investigation Report Under Regulation 9 Must Be Disclosed to Ensure a Fair Hearing Under Principles of Natural Justice, as It Forms the Basis for the Show Cause Notice.

The dispute arose from a show cause notice issued by SEBI to the appellant, alleging violations of the SEBI (Prohibition of Fraudulent and Unfair Trad...

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Madras High Court Allows Appeals of Travel Agencies in Service Tax Export Case — Services Rendered to Foreign Clients Abroad Constitute Export of Service Under Finance Act, 1994. Extended Period of Limitation Under Section 73 of Finance Act, 1994 Cannot Be Invoked Without Suppression or Fraud.

The Madras High Court allowed two appeals filed by M/s. Translanka Air Travels Pvt Ltd and M/s. ETA Travel Agency Pvt Ltd against orders of the Custom...

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High Court of Bombay Allows Enforcement of Foreign Arbitral Awards Under Arbitration and Conciliation Act, 1996 - The court recognized and enforced five foreign arbitral awards, rejecting challenges based on invalidity of arbitration agreement and scope of submission.

The High Court of Bombay adjudicated a commercial arbitration petition filed under Part II of the Arbitration and Conciliation Act, 1996, seeking reco...

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Bombay High Court Quashes Adjudication Proceedings in FERA Case Due to Inordinate Delay of 27 Years. Revival of show cause notices after 27 years held arbitrary and violative of Article 14 of the Constitution of India.

The petitioners, Cambata Industries Pvt. Ltd. and three individuals, filed a writ petition under Article 226 of the Constitution of India seeking a wr...