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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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High Court of Karnataka Dismisses Second Appeal in Property Title Dispute Involving Multiple Previous Suits. Court Examines Maintainability Under Order 2 Rule 2 CPC and Relief Requirements Under Section 34 of Specific Relief Act, 1963 Regarding Declaration Without Consequential Possession.

The dispute originated from a property suit O.S.No.156/2010 filed by seven plaintiffs seeking declaration of title and permanent injunction regarding ...

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"Supreme Court of India Resolves Complexities in Taxation of Mineral Rights" "Judgment Clarifies Legislative Powers and the Nature of Royalty in Mining Sector"

The Supreme Court of India addressed a significant dispute regarding the distribution of legislative powers between the Union and the States, specific...

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High Court of Bombay at Nagpur Allows Appeal in Railway Accident Compensation Case — Amputation of Both Legs Due to Fall from Train. Held that the claimant was a bona fide passenger and the incident was an 'untoward incident' under Section 124A of the Railways Act, 1989, entitling him to compensation.

The appellant, Nagesh Gulabrao Kale, filed a claim for compensation before the Railway Claims Tribunal, Nagpur, for injuries sustained in an untoward ...

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High Court of Bombay at Goa Dismisses Second Appeal in Property Dispute — Finds No Misconstruction of Land Registration Document. The court upheld the Lower Appellate Court's finding that the suit property (Survey No.191/0) is part of the property registered under No.4181 based on identical boundaries.

The appellant, Comunidade of Poinguinim, filed a suit for injunction against the respondent, M/s Diksha Holdings Limited, alleging interference with s...

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Bombay High Court Partly Allows Landlords' Petition Against MRT Order Remanding Purchase Price Fixation in Tenancy Dispute. MRT Exceeded Revisional Jurisdiction by Ordering De Novo Fixation Without Setting Aside ALT's Determination.

The petitioners, landlords of agricultural lands, challenged an order dated 27 April 1992 passed by the Maharashtra Revenue Tribunal (MRT) in a revisi...

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High Court of Bombay at Goa Quashes Criminal Complaints for Lack of Sanction Under Section 197 CrPC — Directors of Government Company Held to be Public Servants. Prosecution under Section 138 NI Act Without Prior Sanction is Not Maintainable.

The petitioners, M/s. Bandekar Brothers Pvt. Ltd. and M/s. Vasantram Metha & Company Pvt. Ltd., filed criminal writ petitions under Article 226 of the...