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Special Court Convicts Broker and Beneficiaries in BMC Bank Securities Fraud; Acquits Employees and Other Brokers. Broker Held Liable for Dishonest Receipt of Stolen Property Under Section 411 IPC, While Beneficiaries Convicted of Cheating Under Section 420 IPC.

The case involved a criminal trial before the Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 19...

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"Supreme Court Affirms Need for Minority Establishment in AMU’s Minority Status Dispute" AMU’s Minority Status Under Scrutiny: Establishment by Legislature Versus Minority Founding Rights

The Supreme Court judgment in Aligarh Muslim University v. Naresh Agarwal & Ors. primarily deals with the issue of minority rights in education, f...

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High Court of Karnataka Hears Consolidated Motor Accident Claims Appeals Under Section 173(1) of the Motor Vehicles Act. Appeals Arise from Awards of Various Motor Accident Claims Tribunals.

The High Court of Karnataka, Kalaburagi Bench, heard a batch of 23 Miscellaneous First Appeals under Section 173(1) of the Motor Vehicles Act, filed b...

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High Court of Karnataka Hears Appeals Against Motor Accident Claims Tribunal Awards. Appeals Filed Under Section 173(1) of Motor Vehicles Act, 1988 Seeking Review of Compensation Amounts and Liability.

These appeals were filed under Section 173(1) of the Motor Vehicles Act, 1988 arising out of judgments and awards passed by various Motor Accident Cla...

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High Court of Karnataka Considers Application Under Section 434 Companies Act Seeking Transfer of Winding-Up Petition to NCLT. Applicant Argues No Irreversible Steps Taken, Citing Supreme Court Precedent.

The matter arose from a Company Petition filed in 2010 seeking winding up of Broadcast Infratel India Private Limited on grounds of unpaid admitted de...

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Bombay High Court Issues Rule Nisi in Cyber Fraud Case Involving Unauthorized Withdrawals of Rs. 38.04 Lakh. Petitioner Claims Banks Breached RBI Guidelines on Internet Banking and Failed to Reverse Fraudulent Transactions.

The petitioner, a freelancer in business consultancy, maintained savings and current accounts with HDFC Bank since 2011 and 2016 respectively. On 14 J...

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High Court Dismisses/Allows Appeals in Motor Accident Claims Cases, Applying MV Act Section 173(1). Multiple Insurance Companies Challenge MACT Awards; Court's Final Direction Not Stated.

This is a batch of appeals filed under Section 173(1) of the Motor Vehicles Act, 1988 before the High Court of Karnataka, Kalaburagi Bench against var...

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Supreme Court Allows Regulatory Appeal on Trial Forum under Securities and Exchange Board of India Act, 1992. Procedural Amendment to Section 26 by the 2002 Amendment Act Held Retrospective, and All Pending Trials for Pre-2002 Offences Must Proceed Before Special Court as per the 2014 Amendment.

The Supreme Court addressed a batch of appeals and writ petitions concerning the correct forum for trial of offences under the Securities and Exchange...

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High Court of Karnataka Dismisses Revision Petition in Cheque Dishonour Case — Conviction and Sentence Upheld. Accused's defence of loan repayment and signature denial rejected due to lack of evidence and admission of signature.

The petitioner, Narasimhan, was convicted under Section 138 of the Negotiable Instruments Act, 1881 by the XXIV Additional Chief Metropolitan Magistra...

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High Court of Karnataka Delivers Judgment on Batch of Writ Petitions Concerning Input Tax Credit Under KVAT Act. Interpretation of Section 10(3) of the Karnataka Value Added Tax Act, 2003 and Availment of Input Tax Credit Irrespective of Invoice Month Framed the Core Issue.

A batch of writ petitions came before the High Court of Karnataka under Article 226 of the Constitution of India, filed by various companies including...