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High Court of Karnataka Dismisses Intra-Court Appeal Against Look-Out Circulars Issued by Banks Due to Default of Rs.2800 Crores. Court Holds that Petitioner’s Concession to Banks’ Power and Pending Suits Justify Travel Restriction Under Office Memoranda.

The intra-court appeal arose from the dismissal of a writ petition that challenged two Look Out Circulars issued by Bank of Baroda and Punjab National...

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NOTICE OF MOTION COMMERCIAL DIVISION NO. 196 OF 2018

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High Court of Bombay at Goa Considers Challenge to MoEF Notification Transferring NGT Jurisdiction Over Goa Matters to Delhi Principal Bench. The Court Examines Legality of Transfer Without Public Consultation and Lack of Alternative Arrangements Under NGT Act.

The High Court of Bombay at Goa took suo motu cognizance on 21st August 2017 upon learning of a notification by the Ministry of Environment, Forest an...

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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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Supreme Court Upholds State's Power to Fix Higher Sugarcane Price in Conflict Resolution Between Constitution Benches. State Advised Price (SAP) is Valid and Not Repugnant to Central Minimum Price Under Essential Commodities Act, 1955 and Sugarcane (Control) Order, 1966.

The Supreme Court considered a reference from a three-judge bench regarding an alleged conflict between two Constitution Bench decisions: Ch. Tika Ram...

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High Court of Bombay Reserves Verdict on Stay of Film ‘Black Friday’ Amid Pending Trial in 1993 Blasts Case. Accused Argues Docudrama Constitutes Contempt and Defamation, Violates Right to Fair Trial Under Article 21.

The writ petition was filed by Mushtaq Moosa Tarani, accused No. 44 in the 1993 Bombay bomb blasts trial (Bombay Blast Case No. 1 of 1993), under the ...