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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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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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Madras High Court Dismisses Writ Petitions Seeking Regularisation of Part-Time Veterinary Assistants — No Right to Regularisation for Part-Time Workers Not Appointed Against Sanctioned Posts.

The petitioners, five individuals appointed as part-time Veterinary Assistants in the Animal Husbandry Department of Tamil Nadu, filed writ petitions ...

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Madras High Court Dismisses Petitions Challenging Package Tendering System for Road Works. Policy Decision to Reintroduce Package System Upheld as Valid Executive Action Under Article 226 of Constitution of India.

The case involves a batch of writ petitions filed by individual contractors challenging the Government Order G.O.(Ms) No.162, Highways & Minor Ports (...

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High Court of Karnataka Dismisses Writ Appeal Against Single Judge Order in Service Matter — Appellants Failed to Establish Prima Facie Case for Interim Relief in Dispute Over Termination of Contractual Employees.

The appellants, 16 individuals employed as Operators and Helpers in various sub-stations of a public sector undertaking (likely Karnataka Power Transm...

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Bombay High Court Dismisses Petition by Employer Challenging Labour Court Order Holding Termination of Trainees as Unfair Labour Practice. Trainees performing regular work for over 240 days deemed permanent workmen under Model Standing Orders, termination without Section 25F compliance illegal.

The petitioners, M/s Mukand Limited and others, challenged an order of the Labour Court at Thane and the revisional order of the Industrial Court at T...

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Bombay High Court Allows Writ Petition Challenging Tender Award for Water Supply Scheme. Court sets aside award to Respondent No.5 and directs fresh evaluation of petitioner's bid as per tender conditions.

The petitioner, Jain Irrigation Systems Limited, a company incorporated under the Companies Act and engaged in manufacturing plastic pipes and executi...

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Bombay High Court Dismisses Appeal by Municipal Corporation Against Rejection of Petition to Set Aside Arbitral Award. Arbitrator's Findings on Contractual Interpretation and Delay Held Final Under Section 30 of Arbitration Act, 1940.

The appellant, Municipal Corporation of Greater Bombay, had invited tenders for re-construction of Zakariya Bunder road in May 1989. Respondent no.1 s...

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Karnataka High Court Dismisses PIL Challenging School Fee Hike as Not Maintainable. Fee Fixation in Private Unaided Schools is a Contractual Matter, Not Subject to Public Interest Litigation.

The petitioners, minors represented by their fathers, filed a Public Interest Litigation under Article 226 of the Constitution of India before the Kar...