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Bombay High Court Hears Writ Petition Challenging Central Government's Notification Substituting Nominated Member of Cantonment Board. Legality of Substitution Under Section 13(3) of Cantonments Act, 2006, Without Following Removal Procedure Under Section 34, is in Issue.

The writ petition was filed by a nominated member of the Deolali Cantonment Board challenging a notification dated 06.03.2025 by the Central Governmen...

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Bombay High Court Dismisses Challenge by SEBI Employees Association to Direct Recruitment and Deputation of Executive Directors; Holds that Section 9 of SEBI Act, 1992 Confers Unrestricted Power on Board to Appoint Officers of Its Choice, and Regulations Cannot Fetter This Power.

The dispute arose from a writ petition filed by the SEBI Employees Association along with individual Chief General Managers challenging the Securities...

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Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...

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Bombay High Court Quashes Central Government's Notification Deeming MCI Member to Have Vacated Seat for Lack of Jurisdiction. University's Determination of Faculty Membership is a Pre-requisite for Central Government's Action Under Section 7(3) IMC Act.

The petitioner, Dr. Ved Prakash Mishra, was a Professor of Physiology at Jawaharlal Nehru Medical College affiliated to Rashtra Sant Tukdoji Maharaj U...

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Supreme Court Allows Appeal in Cooperative Bank CEO Appointment Dispute — Upholds Apex Society's Power to Depute Cadre Officers. Section 54(3) of Chhattisgarh Co-Operative Societies Act, 1960 obligates District Central Cooperative Bank to accept CEO deputed by State Cooperative Bank from its cadre.

The dispute arose from the appointment of the Chief Executive Officer (CEO) of the first respondent, Zila Sahkari Kendriya Bank Maryadit, a District C...

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High Court of Bombay Adjudicates Appeals Against Company Law Board's Investigation Order Under Section 237(b)(i) of Companies Act, 1956. Appeals challenge the order directing investigation into the affairs of companies allegedly linked to Ketan Parekh in the 2001 stock scam.

The judgment pertains to 14 appeals filed by various companies alleged to be controlled by Ketan Parekh, the central figure in the 2001 stock market s...

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High Court of Bombay at Goa Dismisses Appeal Against CLB Consent Order in Company Oppression Case — Parties Bound by Consensus. Consent order for share buyout under Sections 397-398 of Companies Act, 1956 cannot be challenged by consenting party.

The case involves an appeal filed by Shalby Limited and others against an order dated 25.04.2016 passed by the Company Law Board (CLB), New Delhi Benc...