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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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Madras High Court Enhances Compensation for Electrocution Death Due to Negligence of Electricity Board — Applies Sarla Verma Multiplier and Adds Conventional Heads. The court held that the Electricity Board was negligent under res ipsa loquitur and awarded Rs.18,34,000/- with interest.

The appellants, legal heirs of Saravanan, filed an appeal against the judgment and decree in O.S. No.55 of 2021 passed by the Additional District Judg...

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Gujarat High Court Partly Allows Insurance Company's Appeal, Reduces Interest Rate in Motor Accident Claim. Claimant's compensation of Rs.19,08,550 upheld but interest reduced from 9% to 7.5% per annum under Section 173 of Motor Vehicles Act, 1988.

The case arises from a motor accident that occurred on 18.06.2011 when the claimant, a pedestrian, was hit by a tanker bearing registration No. GJ-6-V...

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Bombay High Court Allows Husband's Appeal for Annulment of Marriage Due to Suppression of Incurable Skin Disease by Wife. Fraudulent Concealment of Material Facts Renders Marriage Voidable Under Section 12(1)(c) of Hindu Marriage Act, 1955.

The appellant husband, Mayank Malhotra, filed two appeals under Section 19 of the Family Courts Act, 1984, challenging a common judgment dated 23.07.2...

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Bombay High Court Upholds Maintenance for Wife Under DV Act Despite Husband's Claim of Invalid Marriage — Second Marriage Valid as Customary Divorce from First Husband Proved

The case involves a criminal writ petition filed by Subhash Pralhad Chaware and five others (petitioners) challenging the judgment and order of the Ju...