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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 Bombay Dismisses BSNL's Appeal in Land Acquisition Case — Compensation of Rs. 790 per sq. mtr. and Rent Upheld. Non-agricultural land within municipal limits valued justly under Section 126 of MRTP Act, with rent for prior possession from 1992 to 2002.

The appeal was filed by the Acquiring Body, Bharat Sanchar Nigam Ltd. (BSNL), against the judgment and award of the Civil Judge Senior Division, Bhoom...

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Bombay High Court Allows Appeal in Land Acquisition Case — Compensation Enhanced from Rs. 10,000 to Rs. 20,000 per Hectare. Market Value Determined by Comparable Sale Method with 20% Deduction for Development Under Section 23 of Land Acquisition Act, 1894.

The appellant, Harish Ratanlal Bhansali, was the owner of agricultural land Survey No. 312/B measuring 4 Hectare 90 R situated at village Goregaon, Ta...

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Bombay High Court Dismisses VIDC Appeal in Land Acquisition Compensation Case — Market Value Fixed at Rs. 1,50,000 per Hectare. Comparable Sale Instances of Small Plots Considered with 20% Deduction for Development, Upholding Reference Court's Award.

The case pertains to an appeal filed by the Vidarbha Irrigation Development Corporation (VIDC) against the judgment and award dated 7.1.2010 passed by...

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High Court of Bombay at Goa Upholds Enhanced Compensation for Acquired Orchard Land in Road Project. Compensation increased from Rs.25 to Rs.100 per square metre based on comparable sales and development potential under Land Acquisition Act, 1894.

The case involves two first appeals and cross objections arising from the acquisition of land for the improvement and black topping of a road at Cotom...