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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 ...

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Bombay High Court Disposes Pending Applications and Show Cause Notices in Scheme of Compromise Under Section 391 of Companies Act, 1956. Criminal Proceedings Under Maharashtra Protection of Interest of Depositors Act, 1999 Allowed to Continue Notwithstanding Sanction of Scheme.

The matter arose from a scheme of compromise and arrangement proposed by Europlast India Ltd. under Section 391 of the Companies Act, 1956. The unsecu...

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Bombay High Court Dismisses PIL Challenging Metro Construction Method as Withdrawn, Imposes Costs for Abuse of Process. Court finds the petition was filed with oblique motive to pressurize the developer for personal demands, not genuine public interest.

The petitioner, Dr. Monica Matani, filed a Public Interest Litigation (PIL) before the Bombay High Court complaining about the construction method ado...

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High Court of Karnataka Allows Writ Petition in Final Decree Proceedings — Mesne Profits Must Be Determined Before Auction Sale. Held that mesne profits under Section 2(12) CPC are a substantive right that cannot be deferred until after the sale of property in final decree proceedings.

The petitioner, Sri S.P. Suresh, filed a writ petition under Articles 226 and 227 of the Constitution of India challenging two orders passed by the XV...

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High Court of Karnataka Quashes Land Acquisition Notification for Lack of Public Purpose. Acquisition of Petitioners' Land for Archaeological Museum Set Aside as Notification Did Not Specify Public Purpose Under Section 4(1) of Land Acquisition Act, 1894.

The petitioners, Nidasheshi Veeranna and Gali Prakash, along with Gali Shivabasappa in the connected petition, owned agricultural lands in Sy.No.4/1 a...

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Special Court at Bombay Delivers Judgment in Securities Fraud Case — Accused Face Charges Under IPC and Prevention of Corruption Act for Cheating, Forgery, and Criminal Conspiracy

This criminal case arises from the 1992 securities scam, which severely impacted India's economy. The prosecution alleged that multiple accused person...

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High Court of Bombay Dismisses Appeals Against Acquittal in Sohrabuddin Fake Encounter Case Due to Lack of Evidence and Hostile Witnesses. Acquittal Upheld as Prosecution Failed to Establish Police-Politician Conspiracy and Connection to Seized Firearms Under Sections 120B, 302 IPC and Section 378 CrPC.

The appeals arose from the judgment of acquittal dated 21 December 2018 by the Additional Sessions Judge, Mumbai, in Sessions Case Nos. 177 of 2013, 1...

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Supreme Court Allows Appeal Against Arrest Under PML Act — Validity of Arrest Under Section 19 PML Act Must Be Examined by Trial Court at Remand Stage

The Supreme Court heard an appeal by Arvind Kejriwal challenging his arrest by the Directorate of Enforcement (DoE) under Section 19 of the Prevention...

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Supreme Court Allows Public Service Commission's Appeal Against High Court Order for Re-evaluation in Recruitment Process - Upholds Commission's Decision to Award Pro-rata Marks for Questions with Wrong Answer Keys Under Examination Guidelines.

The dispute arose from a recruitment process conducted by the Arunachal Pradesh Public Service Commission for 22 posts of Agriculture Development Offi...