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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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High Court of Karnataka Quashes Land Acquisition Notification for Lack of Public Purpose. Acquisition of Petitioners' Land for Archaeological Museum Set Aside as Notification Did Not Specify Public Purpose Under Section 4(1) of Land Acquisition Act, 1894.

The petitioners, Nidasheshi Veeranna and Gali Prakash, along with Gali Shivabasappa in the connected petition, owned agricultural lands in Sy.No.4/1 a...

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Bombay High Court Dismisses Petition Challenging Tender Award by MHADA — No Violation of Natural Justice Found. Bidder's Challenge to Summary Rejection of Technical Bid Fails as Evaluation Was Based on Tender Conditions and No Prejudice Was Caused.

The petitioners, ACC India Private Limited and others, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Cou...

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Bombay High Court Dismisses Suit by Condominium Against Developer for Declaration of Rights Over Adjoining Plots as Barred by Limitation. Claims for Easement and Right of Way Held Time-Barred Under Articles 25, 65, and 113 of Limitation Act, 1963.

The Plaintiffs, Beach Towers Condominium and its President, filed a suit in 2012 seeking declarations that they have a right of way and easement over ...

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Karnataka High Court Dismisses Appeal in Partition Suit — Appellant Fails to Prove Self-Acquired Property. Joint Family Property Presumed Where Common Funds Used and Possession Shared.

The case involves a partition suit filed by the respondents (plaintiffs) against the appellant (defendant) seeking partition and separate possession o...