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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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Karnataka High Court Dismisses Writ Petition Filed by Company Against Government Order Fixing Market Value of Encroached Land and Demanding Payment of Rs. 982 Crores for 77 Acres 19 Guntas; Upholds Government's Valuation Determined Pursuant to Supreme Court Directions in Civil Appeal No. 5181/2003

M/S Chamundeswari Build Tech Private Limited (petitioner), incorporated in 1994, developed a golf resort, Eagleton Golf Resort, in Ramanagara District...

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High Court of Karnataka Acquits Pharmaceutical Firm in Drug Misbranding Case Due to Procedural Lapses in Sampling and Testing. Conviction under Section 27(b)(ii) of Drugs and Cosmetics Act, 1940 set aside as prosecution failed to prove compliance with mandatory sampling and testing procedures.

The petitioners, M/s. Padma Pharmaceuticals and its partner Arun Kumar C. Patil, were convicted under Section 27(b)(ii) of the Drugs and Cosmetics Act...

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KAHC010422252008_1

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