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Bombay High Court Dismisses Petition Seeking Extension of Tax Deduction Date Under Section 80-IBA of Income Tax Act. Court holds that policy decisions on tax incentives are within legislative domain and cannot be directed by writ of mandamus.

The petitioner, CREDAI-BANM, Raigad, an association of real estate developers, filed a writ petition under Article 226 of the Constitution of India be...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Favor of Liquidator in Loan Recovery Dispute. Breach of Compromise Scheme of Settlement Leads to Revival of Original Award Under Multi State Co-operative Societies Act, 2002.

The case involves a challenge to an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996. The petitioner, the liquidator of M...

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Bombay High Court Dismisses Petition by Cooperative Society Against Labour Court Order Reinstating Vendor with Back Wages. Chronic Absenteeism Not Proven as Employer Failed to Conduct Proper Inquiry Under Industrial Disputes Act.

The petitioner, Larsen and Toubro Grahak Sahakari Sanstha Maryadeet, a consumer cooperative society registered under the Maharashtra Cooperative Socie...

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Bombay High Court Dismisses PILs Alleging FDI Violations in Insurance Sector as Motivated by Personal Interest. Petitioner's failure to disclose material facts and filing of multiple petitions with similar allegations leads to dismissal with costs.

The petitioner, Sambhaji Savakar Jadhav, filed three public interest litigation petitions under Article 226 of the Constitution of India before the Bo...

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Bombay High Court Directs Conciliation Officer to Admit Industrial Dispute in Proper Form, Criticizes Use of PMAS Meetings. Conciliation Officer's refusal to initiate proceedings on ground of improper format held improper; PMAS meetings not recognized under Industrial Disputes Act, 1947.

The Petitioner Union raised demands on the Respondent Employer and served copies on the Conciliation Officer (Respondent No. 2). The Conciliation Offi...

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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 ...