Search Results for "Disproportionate assets"

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Supreme Court Sets Aside Quashing of Corruption Proceedings Due to Improper Exercise of Inherent Powers. High Court's Order Under Section 482 CrPC Was Unjustified After Dismissal of Discharge Application and Revision Petition on Same Grounds, Violating Principles Against Circumvention and Multiplicity.

The appeal arose from a judgment of the High Court of Madras quashing criminal proceedings against the respondent under Section 13(2) read with Sectio...

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NCLAT Dismisses Appeal of Former Director in Fraudulent Trading Case Under Section 66 IBC. The Tribunal upheld the finding that the appellant siphoned funds and engaged in wrongful trading during liquidation of Easytech Global Private Limited.

The present appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC) was filed by Mr. Gopal Kalra, the erstwhile director of M/s Easy...

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Bombay High Court Quashes FIR Against Anti-Corruption Activist and Husband in Criminal Writ Petition Under Article 226 and Section 482 CrPC. FIR for Trespass and Criminal Intimidation Found Baseless as Allegations Lacked Specifics and Were Motivated by Petitioners' Anti-Corruption Activism.

The petitioners, Anjali Anish Damania (an anti-corruption activist) and her husband Anish Damania (a finance professional), filed a criminal writ peti...

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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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Bombay High Court Grants Probate of Will in Favor of Executor Despite Challenge by Caveator Claiming Earlier Will. Court Upholds Validity of Later Will Executed in Hospital, Finds No Suspicious Circumstances.

The case concerns a probate petition filed by Prakash Sunderdas Aswani, the sole executor named in the last Will of Pushpa Thakurdas Aswani dated 18th...