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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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Supreme Court Allows State Appeal in Service Matter - MNP Workers Not Entitled to Regularisation. Government Scheme for Village Level Workers Was Temporary and Not a Regular Employment Scheme, Hence No Right to Absorption.

The State of Tamil Nadu appealed against a Division Bench judgment of the Madras High Court which affirmed a Single Judge order directing the State to...

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Supreme Court Cancels Bail of Accused in Interstate Child Trafficking Case Due to Perverse High Court Orders and Absconding Accused. Bail Granted Without Considering Gravity of Offences Under Sections 363, 311, 370(5) IPC and Organized Nature of Racket.

The Supreme Court dealt with a series of appeals filed by victims' families seeking cancellation of bail granted by the Allahabad High Court to 13 acc...

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Supreme Court Upholds NCLAT Decision on Mandatory 75% Voting Share for Resolution Plan Approval Under I&B Code. Financial Creditors' Rejection of Resolution Plan for Kamineni Steel & Power India Pvt. Ltd. and Innoventive Industries Ltd. Leads to Liquidation as Plan Did Not Garner Required Majority.

The Supreme Court of India heard appeals arising from a common judgment of the National Company Law Appellate Tribunal (NCLAT) dated 6 September 2018,...

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Bombay High Court Upholds Life Conviction for Murder Over Boundary Dispute — Appellant Convicted Under Section 302 IPC for Shooting Deceased During Construction of Compound Wall. The court affirmed that the dying declaration and recovery of weapon established guilt beyond reasonable doubt.

The appellant, Sadanand Shivaji Kadam, a former police inspector aged 86, was convicted by the VII Additional Sessions Judge, Pune, for the murder of ...

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Bombay High Court Confirms Death Sentence of Repeat Offender in NDPS Act Case. Accused Found with 188 kg Hashish and Previously Convicted; Enhanced Punishment Under Section 31-A of NDPS Act Imposed for Possession of Commercial Quantity.

The case arose from a letter dated 13-01-2002 sent by the Zonal Director, NCB, Ahmedabad to the Zonal Director, NCB, Mumbai, informing about the inter...