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High Court of Karnataka Dismisses Appeal Challenging DICGC Act Provisions in Cooperative Bank Deposit Insurance Dispute. Sections 18A(5) and 21(3)(4) of the Deposit Insurance and Credit Guarantee Corporation Act, 1961, held constitutional and not arbitrary.

The appellant, Sri G.K. Gururaja Rao, Secretary of Sri Guru Raghavendra Sahakara Bank Niyamitha, filed a writ petition under Article 226 of the Consti...

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Supreme Court Dismisses Developer's Appeals in Consumer Disputes Over Delayed Flat Possession -- NCDRC Orders Upheld for Completion, Compensation, and Costs Under Consumer Protection Act

The Supreme Court addressed three civil appeals arising from NCDRC orders in consumer complaints filed by flat buyers against Parsvnath Developers Ltd...

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Bombay High Court Dismisses Condonation of Delay in Review Petition by Zilla Parishad — Unexplained Delay of 3 Years and 3 Months Not Condonable. Local Self-Government's Clumsy Decision-Making Process Not Sufficient Cause for Inordinate Delay.

The judgment concerns a Civil Application filed by the Chief Executive Officer, Education Officer (Primary), and Chief Account Officer of Zilla Parish...

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Supreme Court Initiates Suo Moto Contempt for Scandalous Allegations Against High Court Judge. Unconditional Apology Accepted, Contempt Proceedings Closed.

The Supreme Court initiated suo moto contempt proceedings against N. Peddi Raju (alleged contemnor no.1), Ritesh Patil (alleged contemnor no.2), and N...

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Bombay High Court Sanctions Scheme of Amalgamation of Monarch Research and Brokerage Private Limited and Monarch Project and Finmarkets Limited with Networth Stock Broking Limited under Sections 391-394 of the Companies Act, 1956 — Objection by Gold Castle Realtor Dismissed as Not a Creditor or Member.

The judgment concerns two Company Scheme Petitions (CSP 575/2012 and CSP 576/2012) filed by Monarch Project and Finmarkets Limited (2nd Transferor Com...