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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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High Court of Karnataka Dismisses CBI's Petition for Cancellation of Bail in Illegal Mining Case — Computation of 90 Days Under Section 167 Cr.P.C. Commences from Date of Production Before Court, Not from Service of Body Warrant on Jail Authorities.

The Central Bureau of Investigation (CBI) filed a criminal petition under Section 439(2) of the Code of Criminal Procedure, 1973 (Cr.P.C.) seeking can...

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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 ...