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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 of Karnataka Adjudicates Writ Petition Concerning Nursery Exemption in Land Acquisition for Dr. Shivarama Karanth Layout. Petitioner claims exemption under Government Order dated 01-01-1987 for nursery land acquired for layout formation.

Background: The case involves acquisition of land for the formation of a residential layout known as Dr. Shivarama Karanth Layout by the Bangalore Dev...

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High Court of Karnataka Adjudicates Writ Appeals by Aggregators and Bike Taxi Owners Against State’s Refusal to Grant Permits for Bike Taxi Services. Dispute Centers on Whether Motorcycle Owners Are Entitled to Render Bike Taxi Services Under the Motor Vehicles Act and Karnataka Rules.

The case comprised five writ appeals filed under Section 4 of the Karnataka High Court Act, 1961, challenging a common order dated 02.04.2025 passed b...

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Karnataka High Court Quashes FIR Against Government Officials in Land Revenue Act Case — No Prima Facie Case for Abetment of Misappropriation. Section 192-A of Karnataka Land Revenue Act, 1964 requires specific allegations of abetment; mere official duty performance does not attract criminal liability.

The judgment concerns four criminal petitions and a writ petition filed by government officials seeking quashing of FIR in Crime No.18/2014 registered...

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