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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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Supreme Court Upholds Single Judge's Decision on CCC Certificate Requirement for Technician Grade-II Recruitment. Court holds that only CCC certificates issued or recognized by DOEACC/NIELIT are valid, and equivalence cannot be determined by the Commission without statutory backing.

The Supreme Court considered three appeals against a Division Bench judgment of the Allahabad High Court that had set aside a Single Judge's order reg...

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Bombay High Court Dismisses Petitions Challenging Termination of Probationary Employees in MSETCL — Probation Period Extended Validly Under Service Rules. Termination of Probationer Without Stigma Upheld as Employer's Discretion Under Regulation 11 of MSETCL Service Regulations.

The petitioners, Chandrashekhar Tukarampant Madankar, Anup Udhav Lokhande, and Harshal Radheshyam Malewar, were appointed as Junior Engineers (Electri...

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High Court of Karnataka Quashes MCI Communication on NRI Admissions in Medical Colleges — Regulations Must Be Read Harmoniously with University Autonomy. NRI Quota Seats in MBBS Course Must Be Filled Based on Merit from NEET, but MCI Cannot Impose Additional Conditions Beyond Regulations.

The petitioners, including the Karnataka Professional Colleges Foundation and Manipal University, challenged a communication dated 3.8.2016 issued by ...

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Bombay High Court Allows Public Interest Litigation Against Illegal Hoardings in Aurangabad — Municipal Corporation Directed to Enforce Ban and Revise Advertisement Rates. Defacement of Public Property and Traffic Obstruction Addressed Under Municipal Corporation's Regulatory Powers.

The petitioner, Sunil Pandharinath Jadhav, a resident of Aurangabad, filed a writ petition in public interest before the Bombay High Court (Aurangabad...