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High Court of Bombay Reserves Verdict on Stay of Film ‘Black Friday’ Amid Pending Trial in 1993 Blasts Case. Accused Argues Docudrama Constitutes Contempt and Defamation, Violates Right to Fair Trial Under Article 21.

The writ petition was filed by Mushtaq Moosa Tarani, accused No. 44 in the 1993 Bombay bomb blasts trial (Bombay Blast Case No. 1 of 1993), under the ...

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Supreme Court Upholds Validity of Section 17(2)(viii) of Income Tax Act and Rule 3(7)(i) of Income Tax Rules in Bank Employee Loan Perquisite Case. Delegation of Power to Prescribe Fringe Benefits Held Not Excessive and Use of SBI Prime Lending Rate as Benchmark Upheld as Non-Arbitrary.

The Supreme Court, in a common judgment, dismissed appeals filed by staff unions and officers' associations of various banks challenging the constitut...

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Supreme Court Allows Appeal of Dissenting Financial Creditor in Insolvency Case on Interpretation of Amended Section 30(2)(b)(ii) - Court Holds Amendments Apply to Pending Proceedings and Entitle Creditor to Liquidation Value of Security Interest Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from appeals concerning the interpretation of amended Section 30(2)(b)(ii) of the Insolvency and Bankruptcy Code, 2016. The appellan...

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Bombay High Court Grants Bail to Accused in NDPS Case Involving Commercial Quantity of Methamphetamine. Court holds that prolonged incarceration and delay in trial, coupled with the accused's lack of criminal antecedents and parity with co-accused, warrants release on bail under Section 37 of the NDPS Act.

The applicant, Syed Sameer Hussain, filed a bail application under the NDPS Act in connection with a complaint registered by the Directorate of Revenu...

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Bombay High Court Allows Appointment of Arbitrator in Leave and License Agreement Dispute Under Section 11 of Arbitration and Conciliation Act, 1996. Court Holds That Existence of Arbitration Clause and Disputes Justify Appointment, Leaving Issues of Limitation and Validity to Arbitrator.

The applicant, Bafna Motors Private Limited, filed an application under Section 11 of the Arbitration and Conciliation Act, 1996 seeking appointment o...

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Bombay High Court Dismisses Insurer's Challenge to Arbitral Award in Marine Insurance Claim. The Court upheld the arbitrator's finding that goods destroyed by fire at a CFS warehouse were covered under the FOB clause of the Marine Cargo Open Policy.

The case involves a challenge by Tata AIG General Insurance Company Limited (the petitioner/insurer) to an arbitral award passed in favor of M/s. Manh...