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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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Bombay High Court Allows Writ Petition in Cyber Fraud Case — Directs Bank to Refund Rs. 76.9 Lakhs Under RBI Circular. Unauthorized Addition of Beneficiaries and Absence of OTP Constitute Deficiency in Service Under RBI Circular Dated 6 July 2017.

The petitioners, a director and a closely held family company, maintained a bank account with Respondent No. 2 for 15-20 years. On 1 October 2022, unk...

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Bombay High Court Dismisses Writ Petition Challenging SRA Termination of Developer in Slum Rehabilitation Scheme. Developer Failed to Complete Project Within Stipulated Time and Did Not Comply with Development Agreement and SRA Conditions.

The Petitioner, Shailesh Mulchand Savla, sole proprietor of M/s. Kunal Builders & Developers, filed a Writ Petition challenging the termination of his...

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Karnataka High Court Quashes Penal Back Billing Order in Electricity Theft Case — No Evidence of Tampering or Pilferage. Mere Fluctuation in Load Factor Does Not Attract Penal Provisions Under Clause 42.05 of Conditions of Supply of Electricity.

The petitioner, M/s Eureka Forbes Limited, a public limited company, owned a composite premises in Bommasandra Industrial Area, Bengaluru. In 2007, it...

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High Court of Karnataka Quashes FIR Against Company Official in Cheating Case Due to Illegal Arrest and Lack of Sanction Under Section 197 CrPC. Arrest by Police Officers Not on Deputation Held Unconstitutional.

The petitioner, Sri Srinath Mangalore, filed a writ petition under Articles 226 and 227 of the Constitution of India read with Section 482 of the Code...

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Bombay High Court Dismisses Management's Petition Challenging Reinstatement of Probationer Teacher. Rule 16(2) of MEPS Rules Mandates Notice Before Concluding Voluntary Abandonment of Employment.

The petitioner, Magasvargiya Shikshan Sanstha, a school management, challenged the judgment and order dated 24.9.2015 of the School Tribunal, Aurangab...