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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 Gauhati High Court Decision Striking Down Assam Rural Health Regulatory Authority Act, 2004 for Repugnancy with Indian Medical Council Act, 1956. Diploma in Medicine and Rural Health Care Held to Be a Medical Qualification Requiring Central Permission Under Section 10A of IMC Act.

The case involves appeals against the Gauhati High Court's judgment striking down the Assam Rural Health Regulatory Authority Act, 2004. The Assam Act...

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Bombay High Court Directs Admission of OBC Student in BAMS Course Despite Non-Fulfillment of Minimum Marks Criteria. Caste Validity Certificate Entitles Petitioner to Consideration Under OBC Category for Admission in BAMS Course.

The petitioner, Vanshika Rajesh Harinkhede, filed a writ petition seeking a direction to the respondents to admit her in the BAMS course at respondent...

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Supreme Court Partially Strikes Down FCRA Amendment Act 2020 — Ban on Transfer of Foreign Funds and Mandatory Aadhaar Held Unconstitutional. The court upheld the requirement of a single FCRA account at SBI New Delhi as a reasonable regulatory measure to prevent misuse of foreign funds.

The judgment deals with a batch of writ petitions challenging the constitutional validity of certain amendments made to the Foreign Contribution (Regu...

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Bombay High Court Dismisses Petition Challenging Refusal to Recognize Admissions for Increased Intake in Ayurvedic College. Admissions to increased intake capacity must be made through centralized process as per AYUSH rules, not unilaterally by the institution.

The petitioner, Prakash Shikshan Mandal's Loknete Rajaram Bapu Patil Ayurvedic Medical College, Islampur, through its Vice Principal Dr. Ranjit Shamra...