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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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SECOND APPEAL NO. 708 OF 2008

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Karnataka High Court Hears Batch of Writ Petitions Challenging Rejection of Quarry Lease Applications under Karnataka Minor Mineral Concession Rules. Petitioners sought processing of pre-2016 amendment applications under unamended rules as per Rule 8-B.

Multiple writ petitions were filed before the Karnataka High Court challenging endorsements issued by the Department of Mines and Geology rejecting ap...

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High Court of Karnataka Hears Appeal Against Dismissal of Partition Suit Due to Disputed Parentage. The Appellant Challenges Trial Court's Finding on Relationship Based on Documentary Evidence Including School Certificates and Tax Receipts.

The regular first appeal was filed by the appellant, who was the plaintiff No.1 in the original suit, challenging the judgment and decree dated 22.09....

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High Court Dismisses Appeal Against Winding-Up Order in Bond Default Case; Upholds Adverse Remarks Against Directors for Fund Diversion. Company Found Unable to Pay Debts and Substratum Lost, Justifying Winding Up Under Sections 433(e) and 433(f) of Companies Act, 1956.

The appeal arose from a winding-up order passed by the learned company Judge against Zenith Infotech Limited (the appellant) in a petition filed by Th...

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High Court of Bombay Hears Challenge to Arbitral Award in Film Distribution Agreement Dispute. Petition under Section 34 of the Arbitration and Conciliation Act, 1996 arises from termination of agreement over alleged plagiarism and failure to deliver a film.

The petition under Section 34 of the Arbitration and Conciliation Act, 1996, was filed by Reliance Media Works Limited (formerly Adlabs Films Ltd.) ag...