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Bombay High Court Delivers Oral Judgment on Petitions Challenging SEBI's Show Cause Notices to Auditors of Satyam Computers. Question of SEBI's Jurisdiction under Sections 11, 11B, and 11(4) of SEBI Act Raised in Wake of Satyam Fraud Disclosure.

The matter arose from writ petitions filed by Price Waterhouse & Co. and other chartered accountant firms along with individual partners challenging t...

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High Court of Karnataka Allows Appeal Under Section 37(1)(b) of Arbitration Act Against Rejection of Interim Injunction in Hotel Management Dispute. Court Grants Interim Injunction Restraining Respondents from Interfering with Appellant's Management of Hotel Pending Arbitration.

The appellant, Royal Orchid Associated Hotels Private Limited, filed a Miscellaneous First Appeal under Section 37(1)(b) of the Arbitration and Concil...

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Bombay High Court Quashes Criminal Proceedings in Cross-Complaints for Lack of Sanction Under Section 197 CrPC. Dispute Between Business Partners Over Alleged Theft and Assault Cannot Proceed Without Prior Sanction as Complainants Were Public Servants Acting in Discharge of Official Duty.

The judgment involves three interconnected criminal applications arising from cross-complaints between two groups. The applicants in Cri.Appln.2544/20...

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Bombay High Court Dismisses Second Appeals in Property Suit, Upholds Concurrent Findings of Courts Below. Court holds that a co-owner cannot claim adverse possession against another co-owner unless there is clear ouster and hostile title asserted.

The case involves a property dispute between two brothers, Gurudayalsing Bindra (original defendant, now represented by his legal representatives as a...