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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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Bombay High Court Upholds Trial Court's Order Permitting Withdrawal of Suit with Liberty to File Fresh Suit Under Order XXIII Rule 1(3) CPC — Defect in Map and Incomplete Prayers Constitute Formal Defect.

The case arises from a civil revision application filed by the original defendant, Kashinath Badhe, challenging an order of the trial court dated 07/0...

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Bombay High Court Dismisses Second Appeal in Real Estate Dispute — Upholds Concurrent Findings on Agreement to Sell and Possession. Appellant failed to prove readiness and willingness to perform contract under Section 16(c) of Specific Relief Act, 1963.

The appellant, Mohammed Zain Khan, filed a Second Appeal before the Bombay High Court challenging the concurrent judgments of the trial court and the ...

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High Court of Bombay Considers Writ Petition Against Co-operative Appellate Court's Award Directing Society to Pay Damages for Water Seepage. The Petition Challenges the Award of Rs. 46,78,562.50 for Recasting Overhead Terrace and Rs. 40 Lakhs Damages Under the Maharashtra Co-operative Societies Act.

The High Court of Judicature at Bombay heard a writ petition under Article 227 of the Constitution filed by a co-operative housing society and its cha...

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Bombay High Court Acquits Accused in NDPS Case Due to Non-Compliance with Section 42 of NDPS Act, 1985. Secret Information Not Reduced to Writing and Forwarded to Superior Officer, Vitally Affecting the Prosecution Case.

The appellant, Satnamsingh Sodi, was convicted by the learned Sessions Judge & Special Judge, Nanded, in Special Case (NDPS) No. 24/1998 for the offen...