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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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Supreme Court Upholds NGT Order Quashing Environmental Clearance for Peripheral Ring Road Due to Stale EIA Data. Primary Data Collected Over Three Years Before Submission Invalidates Clearance Under EIA Notification 2006.

The appeal arose from a judgment of the National Green Tribunal (NGT) dated 8 February 2019 quashing the Environmental Clearance (EC) granted to the B...

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Bombay High Court Dismisses MCGM's Challenge to MERC Regulation on Compensation for Delayed Electricity Connections. Regulation 4.10 requiring distribution licensees to pay compensation for failure to provide new connections within stipulated period is valid and not ultra vires the Electricity Act, 2003.

The Municipal Corporation of Greater Mumbai (MCGM), through its Brihanmumbai Electric Supply & Transport Undertaking (BES&T), filed a writ petition un...

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Bombay High Court Dismisses MCGM's Challenge to MERC Regulation on Compensation for Delayed Electricity Connections. Regulation 4.10 requiring compensation for failure to provide new connections within stipulated time is held valid under Section 181 read with Section 57 of the Electricity Act, 2003.

The Municipal Corporation of Greater Mumbai (MCGM), a statutory corporation and local authority, filed a writ petition under Article 226 of the Consti...

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Bombay High Court Dismisses PIL Seeking Relocation of BARC Nuclear Reactor Due to Tsunami and Fault Line Concerns. Court Holds No Credible Scientific Evidence of Imminent Danger to Nuclear Installation from Geological Fault Line or Tsunami.

The Bombay High Court dismissed a public interest litigation (PIL) filed by Citizens For A Just Society, a social organization founded by Dr. Usha Meh...