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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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Supreme Court Upholds Uttar Pradesh Board of Madarsa Education Act, 2004 as Valid Regulatory Legislation. High Court erred in striking down entire Act; provisions conflicting with UGC Act are severable.

The Supreme Court considered appeals against the Allahabad High Court's judgment striking down the Uttar Pradesh Board of Madarsa Education Act, 2004 ...

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Supreme Court Upholds Ban on Apartmentalisation in Chandigarh Residential Plots to Preserve City's Original Character. Fragmentation of single dwelling units into multiple apartments violates Rule 16 of Chandigarh Estate Rules, 2007 and the Chandigarh Master Plan 2031.

The case involves a Public Interest Litigation filed by the Chandigarh Citizens Forum (appellants) against the Chandigarh Administration and others, s...

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Supreme Court Allows Appeal by Housing Board Against Quashing of Layout Plan Modification. Statutory Modification of Layout Plan Not Subject to Promissory Estoppel When Procedure Followed Under Madhya Pradesh Nagar Tatha Gram Nivesh Adhiniyam, 1973.

The case involves an appeal by the Madhya Pradesh Housing and Infrastructure Development Board against a High Court judgment that quashed the modifica...

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Supreme Court Allows Appeal of Tenant Purchaser in Deity Land Sale Dispute. Upholds Sale to Tenant Despite Higher Offer from Intervenors, Holding That Registered Sale Deeds Cannot Be Ignored and Tenancy Status Was Not Challenged.

The case involves a dispute over the sale of land belonging to the deity Sri Rama Laxman Sita Swamy Bije, managed by a fit person. The fit person soug...

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Bombay High Court Dismisses Petition Challenging Eviction Order in Slum Rehabilitation Project — Petitioner's Right to Hearing Not Violated as Adjournment Sought on Ground of Illness Not Supported by Medical Certificate.

The petitioner, Madhukar Shankar Parsekar, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court challengi...