Search Results for "Finance Act 1950"

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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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Supreme Court Allows State Appeals in Land Acquisition Case — Doctrine of Legitimate Expectation Cannot Override Statutory Acquisition Process. Industrial Development Constitutes Valid Public Purpose Under Land Acquisition Act, 1894.

The appeals arise from a common judgment of the Uttarakhand High Court dated 02.11.2018, which dismissed the appeals filed by the appellants (the Stat...

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High Court of Karnataka Quashes Industrial Tribunal Award Directing Regularization of 24 Workmen in National Aerospace Laboratories — Workmen Held Not Entitled to Regularization as They Were Employed by Contractor, Not Principal Employer.

The petitioner, Management of National Aerospace Laboratories (NAL), challenged the award dated 30-12-2005 of the Industrial Tribunal, Bengaluru in I....

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Bombay High Court Allows Section 11 Applications to Appoint Arbitrator in LLP and Trust Dispute Over School Management Agreements. Court Holds That Arbitration Clause in School Management Services Agreement Binds Non-Signatory Trust Due to Interconnected Agreements.

The judgment concerns two arbitration applications filed under Section 11 of the Arbitration and Conciliation Act, 1996, by Edufocus International Edu...

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Bombay High Court Dismisses Petitions Challenging Government Resolution on Teacher Transfers in Maharashtra. Transfer Policy Upheld as Valid and Not Violative of Articles 14 and 19(1)(g) of the Constitution.

The petitioners, comprising various teachers' unions and individual teachers, filed writ petitions challenging the Government Resolution (GR) dated 30...

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Gujarat High Court Allots Special Civil Application Challenging Baroda Cricket Association Election Candidates' Eligibility. Court Grants Ad-Interim Relief Permitting Voting but Restrains Counting of Votes Pending Final Disposal of Petition.

The present matter before the Gujarat High Court concerned a challenge to the candidature of four individuals for the posts of President, Secretary, a...

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Bombay High Court Overrules Res Judicata Objection in Admiralty Limitation Suit; Prior Withdrawal of Application Before Chinese Court Does Not Bar Fresh Suit Under Code of Civil Procedure, 1908.

The dispute arose from a voyage of the vessel M.V. YURIY ARSHENEVSKIY, owned by Murmansk Shipping Company, a Russian entity, which was chartered to ca...

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High Court of Karnataka Hears Appeals Against Single Judge's Order Quashing Establishment of Three Road Transport Corporations. The Division Bench Describes the History of KSRTC but the Available Text Does Not Contain the Final Decision.

The appeals arose from a common order of the learned Single Judge in Writ Petition No. 22194 of 1997 dated 02.07.2007, which quashed orders and notifi...