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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration and Conciliation Act, 1996 — Upholds Arbitral Award Holding Stockbroker Liable for Unauthorized Trades by Agent. Broker Failed to Prove Client Authorization for Disputed Trades, Resulting in Compensation of Rs.14,37,200/- to Client.

The case involves an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, filed by IIFL Capital Services Limited (formerly IIFL Secu...

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High Court of Karnataka Quashes FIR Against Government Engineer in Lokayukta Case — Source Information Report Lacks Credible Material. Court holds that mere source information without verification cannot justify registration of crime under Prevention of Corruption Act, 1988.

The petitioner, an Assistant Executive Engineer in the Public Works Department and currently functioning as Assistant Director of Town Planning, Yelah...

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High Court of Karnataka Quashes Cancellation of Fair Price Shop License for Violation of Natural Justice — License Cancelled Without Show Cause Notice Under Karnataka Essential Commodities Public Distribution System (Control) Order 2016

The petitioner, Sri Manjunath B., was a licensee running a fair price shop under the Karnataka Essential Commodities Public Distribution System (Contr...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Block Assessment Case — Tribunal's Finding of No Jurisdiction Upheld. Assessment under Section 158BD of Income Tax Act, 1961 Requires Satisfaction Recorded by Assessing Officer and Warrant of Authorization in Name of Assessee.

The case involves an appeal by the Commissioner of Income Tax-I against an order of the Income Tax Appellate Tribunal. The respondent, Shri Gopinath M...

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Bombay High Court Dismisses Petition Challenging Closure Order for Country Liquor Shop Under Section 142(1) of Bombay Prohibition Act, 1949. Licence for Sale of Country Liquor is Not a Fundamental Right and Must Yield to Public Interest.

The petitioner, Satish Damodhar Kasar, filed a writ petition under Articles 226 and 227 of the Constitution of India before the Bombay High Court, Ben...

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Bombay High Court Upholds Disqualification of Councillor for Defection Under Maharashtra Local Authority Members Disqualification Act, 1986 — Failure to Prove Merger of Original Political Party Results in Confirmation of Disqualification Order.

The case involves two writ petitions filed by councillors of the Municipal Council, Sonpeth, challenging their disqualification under the Maharashtra ...