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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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Supreme Court Dismisses Union of India's Appeal in Assam Rifles Corruption Case. The Court held that the General Assam Rifles Court cannot try an offence under Section 7 of the Prevention of Corruption Act, 1988, as the Assam Rifles Act, 2006 is not exempted under Section 25 of the PC Act.

The case involves an appeal by the Union of India against a judgment of the Guwahati High Court which held that the General Assam Rifles Court (GARC) ...

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Bombay High Court Dismisses Petitioners' Challenge to Mutation Entries in Land Revenue Records — No Substantial Question of Law Arises Under Article 227 of Constitution of India. Mutation entries are summary in nature and do not confer title; disputes regarding title must be resolved by a civil court.

The judgment pertains to two writ petitions filed under Article 227 of the Constitution of India challenging mutation entries made in the revenue reco...