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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

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High Court of Karnataka Hears Batch of Writ Petitions Challenging Reservation of Wards in Municipal Elections. Petitioners Seek to Quash State Government Notifications Reserving Wards for Scheduled Castes, Scheduled Tribes, and Backward Classes.

Multiple writ petitions were filed before the High Court of Karnataka at Bengaluru, challenging the notifications issued by the State Government regar...

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Bombay High Court Upholds Validity of Maharashtra Revenue Services (Recruitment) Rules, 2020 and Directs Finalization of Seniority Lists for Deputy Collectors — Seniority to be Determined by Date of Continuous Officiation, Not by Date of Regular Promotion.

The judgment pertains to a batch of writ petitions filed by Deputy Collectors and the State of Maharashtra concerning the determination of seniority o...

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Supreme Court Hears Appeals Filed by Convicts in Akshardham Temple Terror Attack Case. Appeals Challenge Convictions Under POTA, IPC, Arms Act, and Explosive Substances Act for Conspiracy and Murder of 33 Persons.

The Supreme Court of India heard criminal appeals filed by the convicted accused-appellants challenging their conviction and sentences awarded by the ...

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Bombay High Court Directs MIDC to Recalculate Water Charges for Industrial Unit Considering Water Used as Raw Material. Court Holds That Water Charges Must Be Based on Actual Consumption and Not Arbitrary Rates, and That Delayed Payment Charges Cannot Be Levied Without Proper Adjudication.

The Petitioner, Zawar Sales Limited, a small-scale industry engaged in manufacturing, filed a writ petition seeking a direction to the Maharashtra Ind...

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High Court of Bombay at Goa Issues Rule and Hears PIL Concerning Alleged Illegal Encroachment on Comunidade Land in Serula. Petitioners Claimed Violation of Code of Comunidades and Sought Quashing of Regularization Orders.

The matter involved two Public Interest Litigation writ petitions filed before the High Court of Bombay at Goa, alleging large‑scale illegal encroac...

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Supreme Court Quashes NCLT Approval and NCLAT Judgment in Bhushan Power CIRP, Remands for Fresh Resolution Plan. Approved Plan Set Aside Due to Inordinate Delay, Illegal Extension Clause, Waterfall Violation, and Non-Compliance with IBC Provisions Including Sections 30, 31, and 53.

The Supreme Court adjudicated a batch of civil appeals under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) challenging the approval of ...