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Supreme Court Hears Appeal Against Revision of Verified Claim under Displaced Persons (Claims) Supplementary Act, 1954. Dispute Concerns Scope of Chief Settlement Commissioner's Revisional Jurisdiction Over Valuation of Claim.

The appellant, Tribhuban Parkash Nayyar, a displaced person from West Pakistan, submitted a claim under the Displaced Persons (Claims) Act, 1950, for ...

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High Court of Bombay Dismisses Petition Challenging Arbitral Award in Contract Dispute — No Patent Illegality Found. The court upheld the award granting balance machinery price and interest, rejecting claims of breach for non-procurement of insurance under the Arbitration and Conciliation Act, 1996.

The petitioner, M/s. Neptune Marine Pvt. Ltd., challenged an arbitral award dated 18 August 2008 and a modified award dated 30 January 2012 under Sect...

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Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...