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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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Madras High Court Acquits Accused in Double Murder Case Due to Unreliable Testimony of Related Witnesses and Lack of Corroboration. Conviction under Section 302 IPC Set Aside as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

The case involves three criminal appeals filed by four accused persons (A1 to A4) against their conviction and sentence by the Additional District and...

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Supreme Court Dismisses Appeals of Class-IV Employees Terminated Due to Irregular Selection Process. Appointment Based on Interview Without Advertisement Provision Held Invalid; Termination Upheld as Selection Was De Hors the Rules.

The case pertains to a batch of appeals by employees appointed as Class-IV employees in Palamu district, Jharkhand, pursuant to an advertisement dated...

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Bombay High Court Dismisses MSRTC's Petition Challenging Industrial Court Order Granting Back Wages to Reinstated Employee. Denial of back wages from dismissal to reinstatement amounts to unfair labour practice under Item 9 of Schedule IV of MRTU & PULP Act.

The Maharashtra State Road Transport Corporation (MSRTC) challenged the judgment and order dated 14.3.2016 of the Industrial Court, Nagpur, which part...

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Supreme Court Dismisses Corporate Debtor's Appeal Against NCLT Order Admitting Insolvency Application Under Insolvency and Bankruptcy Code, 2016. Maharashtra Act Moratorium Does Not Bar Insolvency Proceedings as Section 238 of the Code Overrides Inconsistent State Laws.

The appeal arose from the first application under the newly enacted Insolvency and Bankruptcy Code, 2016. The corporate debtor, a multi-product compan...

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Bombay High Court Dismisses State's Appeal in Arbitration Case. Court upholds arbitral award allowing contractor's claims for hidden expenses and interest, rejecting challenge under Section 34 of Arbitration and Conciliation Act, 1996.

The State of Maharashtra, through the Irrigation Department, filed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, challengi...