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Bombay High Court Dismisses Challenge to Arbitral Award in Stock Broker Dispute — No Patent Illegality Found. Claimant's claim for refund of margin money and compensation for unauthorized trades upheld as arbitrator's findings of fact are final under Section 34 of Arbitration and Conciliation Act, 1996.

The judgment concerns two arbitration petitions under Section 34 of the Arbitration and Conciliation Act, 1996, challenging a common arbitral award da...

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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 Dismisses Writ Petition in Criminal Matter Due to Availability of Alternate Remedy. Order Rejecting Application Under Section 156(3) of Criminal Procedure Code is Final and Revisable Under Section 397, Making Writ Petition Under Article 226 Read with Section 482 Not Maintainable.

The dispute originated from Kotak Mahindra Bank Ltd. (the petitioner) filing an application under Section 156(3) of the Criminal Procedure Code before...

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Bombay High Court Dismisses Petition in Property Dispute - Adverse Possession Claim Fails. Petitioner failed to prove continuous possession for 12 years under Limitation Act, 1963.

The case involves a property dispute where the petitioner, Rajaram Rakshe, filed a writ petition against the respondents, who are heirs of Hasan Husse...

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Bombay High Court Directs Cantonment Board and PCMC to Act Against Unauthorised Conversion of Basement Godowns into Bar and Restaurant. Statutory Authorities Cannot Plead Helplessness in Enforcing Law Against Admitted Illegalities.

The Petitioner, a retired Colonel, filed complaints in 2016 to the Cantonment Board, Dehu Road, and the Pimpri Chinchwad Municipal Corporation (PCMC) ...