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Supreme Court Clarifies SEBI's Jurisdiction in Investor Compensation Claims Under Securities Law. SEBI Lacks Power to Award Direct Compensation but Can Order Disgorgement of Ill-Gotten Gains for Restitution Under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992.

The dispute originated in 2005 when the Securities and Exchange Board of India (SEBI) issued a show-cause notice to M/s. Vital Communications Limited ...

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High Court of Judicature at Bombay Directs State Government to Expedite Land Allotment for New High Court Complex in PIL on Court Infrastructure. Need for Adequate Judicial Infrastructure Recognized as Fundamental to Rule of Law; State Obligated to Provide Suitable Premises.

This Public Interest Litigation was filed by an advocate practicing at the Bombay High Court, seeking a writ of mandamus directing the State Governmen...

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Supreme Court Dismisses Reference to Larger Bench in Pension Dispute of U.P. Avas Evam Vikas Parishad Employees. Preetam Singh Judgment Held Binding on State and Board Regarding Pension Scheme Implementation.

The Supreme Court heard a batch of special leave petitions arising from writ petitions filed by employees of the Uttar Pradesh Avas Evam Vikas Parisha...

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Supreme Court Dismisses MSME Appeals Holding Restructuring Notification Directory. Banks/NBFCs Not Obliged to Restructure MSME Accounts Suo Moto Under Section 9 MSMED Act Before SARFAESI Action.

The Supreme Court dismissed a batch of appeals filed by MSMEs challenging the Bombay High Court's order that Banks/NBFCs are not obliged to adopt the ...

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Bombay High Court Discharges Respondents in Suo Motu Criminal Contempt for Alleged Willful Disobedience of Court Orders. Court holds that mere breach of undertaking does not constitute criminal contempt unless it scandalizes or lowers authority of court.

The High Court of Bombay initiated suo motu criminal contempt proceedings against respondent no.1 (M.N. Navale, President of Sinhgad Technical Educati...

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Bombay High Court Allows Public Interest Litigation Seeking Directions to Media Not to Disclose Rape Victim Identity. Court Holds That Section 228-A IPC and Supreme Court Directions in Nipun Saxena Case Must Be Strictly Followed by Print and Electronic Media.

The petitioner, Sangita Tanpure, the mother of a rape victim, filed a Public Interest Litigation before the Bombay High Court seeking directions to th...

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Bombay High Court Hears Batch of Petitions Challenging APMC Nagpur Election Process and Government Orders Extending Board Tenure

The judgment pertains to multiple writ petitions and a contempt petition concerning the elections and administration of the Agricultural Produce Marke...

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Bombay High Court Dismisses Petitions Challenging RBI's Moratorium and Liquidation of CKP Co-operative Bank Ltd. — Petitioners' Deposits Not Covered by Deposit Insurance as Bank Was Under Moratorium Prior to Insurance Scheme Introduction.

The judgment pertains to a batch of writ petitions filed by depositors of the CKP Co-operative Bank Ltd., which was placed under moratorium by the Res...