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Bombay High Court Dismisses Developer's Interim Application in Development Agreement Dispute — Prima Facie Case Not Made Out as Agreement Was Terminated for Non-Performance. Specific Performance Claim Requires Trial; No Irreparable Loss Shown.

The Plaintiffs, Shantilal J. Shah and others, filed a suit seeking a declaration that a Development Agreement dated 25th September 2007 and an Irrevoc...

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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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Bombay High Court Dismisses Election Petition Challenging Acceptance of Nomination of Government Servant Candidate. Returning Officer's Decision to Accept Nomination Upheld as Petitioner Failed to Prove Candidate Was Disqualified Under Section 9 of Representation of the People Act, 1951.

The petitioner, Narayan Dinbaji Jambhule, filed an election petition under Section 81 of the Representation of the People Act, 1951, challenging the d...