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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 Quashes Debarment Order Against Veterinary Student for Violation of Natural Justice — MAFSU Regulations Cannot Deny Hearing Before Penalty of Debarment for Alleged Malpractice.

The petitioner, a student of Bachelor of Veterinary Science and Animal Husbandry at the College of Veterinary and Animal Science, MAFSU, Parbhani, app...

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Supreme Court Upholds IIT's Admission Criteria in JEE Advanced Eligibility Challenge. Criterion barring IIT-admitted candidates from subsequent attempts held not discriminatory under Article 14 as it serves public policy objectives of preventing seat wastage and ensuring equitable access.

The dispute arose from a writ petition filed by Soutrik Sarangi challenging Criterion No. 5 of the JEE (Advanced) Information Brochure, which prevente...

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Supreme Court Upholds Death Sentence of 26/11 Terrorist in Mumbai Attacks Case. Court Dismisses State's Appeal Against Acquittal of Co-Accused Due to Insufficient Evidence, Finding No Perversity in Trial Court's Decision.

The Supreme Court dealt with appeals arising from the 26/11 Mumbai terror attacks. The appellant, Mohammed Ajmal Kasab, a Pakistani national, was conv...