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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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Bombay High Court Allows Society's Petition, Quashes Revision Order Against Re-Audit Report Under Section 81(6) of Maharashtra Co-operative Societies Act. Re-audit report is a mere opinion, not a decision or order, and revision under Section 154 is not maintainable.

The Bombay High Court dealt with two writ petitions arising from a dispute concerning the re-audit of a cooperative society registered under the Mahar...

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Supreme Court Allows State's Appeal Against Interim Stay on SIT Formation and CBI Investigation in Corruption Allegations Against Former Ministers. High Court's Order Set Aside for Lack of Application of Mind and Failure to Consider Balance of Convenience.

The State of Andhra Pradesh appealed against an interim order of the High Court of Andhra Pradesh that stayed the operation of two Government Orders: ...

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Bombay High Court Quashes Minister's Order in Cooperative Society Dispute — Revision Under Section 154 of MCS Act Allowed Without Proper Hearing. Minister's order set aside for non-compliance with principles of natural justice and failure to consider relevant material.

The petitioner, Pandurang Tukaram Thakre, claiming to be a member of respondent no. 4 cooperative society, filed a writ petition challenging an order ...

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Bombay High Court Dismisses Appeal Against Arbitral Tribunal's Interim Order in Arbitration Petition Under Section 37 of Arbitration and Conciliation Act, 1996. Court Holds That Scope of Interference Under Section 37 Is Limited and Impugned Order Did Not Suffer From Patent Illegality or Perversity.

The petitioners, Wind World (India) Limited and others, filed an arbitration petition under Section 37 of the Arbitration and Conciliation Act, 1996, ...

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Bombay High Court Dismisses Writ Petition Challenging Sugar Factory Elections Under Maharashtra Co-operative Societies Act. Court holds that election disputes must be resolved through the specific remedy under Section 91 of the MCS Act, not by writ petition.

The petitioners, 14 individuals, filed a writ petition under Article 226 of the Constitution of India challenging the election of the Board of Directo...

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Bombay High Court Allows Petitioners Challenging Enquiry Under Section 88 of Maharashtra Cooperative Societies Act Against Contractors and Suppliers. Enquiry Under Section 88 Cannot Be Conducted Against Persons Who Are Not Members, Past Members, or Office Bearers of the Cooperative Society.

The judgment pertains to two writ petitions filed by M/s. Tejas Constructions (a partnership firm) and ATV Projects India Ltd. (a company) challenging...