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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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High Court of Karnataka Quashes FIR in Kidnapping Case Where Minor Child Voluntarily Accompanied Father — Custody Dispute Between Parents Does Not Attract Section 363 IPC. Father's Petition Under Section 482 CrPC Allowed as No Force or Deceit Established and Matter Pertains to Custody, Not Kidnapping.

The petitioner, Kushagra Sinha, filed a petition under Section 482 of the Code of Criminal Procedure, 1973 (CrPC) seeking quashing of FIR No.53/2023 r...

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Supreme Court Allows Appeal in Wakf Property Dispute — Suit Land Declared Wakf Property Based on Historical Evidence of Use as Burial Ground. High Court Erred in Reversing Single Judge's Finding That Land Was Wakf Property Under Wakf Act, 1995.

The appeals arise from a judgment of the Madras High Court which set aside the decree of the Single Judge declaring the suit land as wakf property. Th...

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Supreme Court Upholds High Court Ruling That Time Limit Under Section 14 of SARFAESI Act is Directory. The provision requiring District Magistrate to pass possession order within 30 days (extendable to 60 days) is directory, as non-compliance does not invalidate proceedings or prejudice the borrower.

The appeal arose from a judgment of the Kerala High Court which held that the time limit under Section 14 of the Securitisation and Reconstruction of ...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Hotel Sale Dispute. Court upholds award of Rs.1.88 crore with interest for breach of contract, rejecting grounds under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, Sahara Hospitality Limited (formerly Batra Hospitality Private Limited), filed a petition under Section 34 of the Arbitration and Conc...

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Bombay High Court Dismisses Trustees' Petition Challenging Appointment of Administrator for Shree Shanaishwar Devasthan Trust. Court upholds Collector's order under Section 41A of Maharashtra Public Trusts Act, 1950, finding no procedural irregularity.

The petitioners, trustees of Shree Shanaishwar Devasthan Trust (Shingnapur), filed a writ petition challenging the order of the Collector, Ahilyanagar...