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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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Bombay High Court Acquits Multiple Accused in Dacoity Case Due to Unreliable Identification and Lack of Evidence. Convictions under Section 395 IPC set aside as test identification parade was not conducted and recovery of stolen property was not linked to the accused.

The case involves multiple appeals against a common judgment of the Additional Sessions Judge, Wardha, convicting several accused for offences under S...

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Bombay High Court Allows Writ Petition Challenging Test Audit Initiated Without Notice Against Federal Dairy Society Under Section 81 of Maharashtra Co-operative Societies Act, 1960. Court Holds That Principles of Natural Justice Require Prior Notice and Opportunity of Hearing Before Ordering Test Audit.

The petitioner, Kolhapur Zilla Sahakari Doodh Utpadak Sangh Ltd., a federal society of dairy societies in Kolhapur district, filed a writ petition und...

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Supreme Court Upholds Reinstatement of Contract Labourers in SAIL Mines Despite Finding Contract Genuine. High Court's Direction for Regularisation Consideration Under Para 125 of SAIL Judgment Affirmed, Back Wages Denied.

The case involves a long-standing industrial dispute between the Steel Authority of India Ltd. (SAIL), a government undertaking, and the Ispat Khadan ...

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High Court of Karnataka Quashes Industrial Tribunal Award Directing Regularization of 24 Workmen in National Aerospace Laboratories — Workmen Held Not Entitled to Regularization as They Were Employed by Contractor, Not Principal Employer.

The petitioner, Management of National Aerospace Laboratories (NAL), challenged the award dated 30-12-2005 of the Industrial Tribunal, Bengaluru in I....