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Supreme Court Clarifies SEBI's Jurisdiction in Investor Compensation Claims Under Securities Law. SEBI Lacks Power to Award Direct Compensation but Can Order Disgorgement of Ill-Gotten Gains for Restitution Under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992.

The dispute originated in 2005 when the Securities and Exchange Board of India (SEBI) issued a show-cause notice to M/s. Vital Communications Limited ...

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AICTE Notification on Teacher Qualifications: Ph.D. Mandatory for Higher Pay Scale and Redesignation as Associate Professor. Supreme Court Partly Allows Appeal, Denies Benefits to Non-Ph.D. Teachers Appointed Post-2000

Expert Body’s Prerogative (Para 25): Courts cannot interfere with AICTE’s academic standards unless arbitrary. Incumbent Assistant Professor (Para...

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Supreme Court Condones Delay in Filing Second Appeal by the State – Upholds High Court's Order Allowing Condonation of Delay. Condonation of Delay – Sufficient Cause – Merits of the Case – Liberal Approach for State Litigations

Delay in government litigation should not be condoned automatically, but a liberal approach may be taken when public interest is involved. Substantial...

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Eligibility Condition in Admission—Subsequent Compliance—Course Completion Allowed. Educational Eligibility—Initial Ineligibility for Admission to B.A.M.S.—Subsequent Compliance—Doctrine of Actus Curiae Neminem Gravabit Applied—Order of High Court Set Aside

Constitution of India, Article 136—Special Leave Petition—Educational Qualification—Admission Eligibility Condition—Subsequent...

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High Court Recalls Order Due to Violation of RBI Directives and Unlawful Compromise Affecting Third-Party Rights. Recall of Order Based on Unlawful Compromise in Loan Assignment Dispute

Unlawful Compromise: A compromise under Order XXIII Rule 3 of the CPC must be lawful. The assignment of Shaila Clubs' loan to Savannah was unlawful as...