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Supreme Court Dismisses Appeal in Partnership Dispute Over Share Entitlement. Plaintiffs Failed to Prove Capital Contribution of Rs.50,00,000 as per Partnership Deed Dated 30.10.1992, Thus Entitled Only to 10% Share in Profits and Losses Until Expulsion on 18.6.2004.

The dispute originated from a partnership firm, M/s Selwel Combines, reconstituted in 1992 with plaintiff No.1 inducted as a partner under a deed stip...

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Bombay High Court Dismisses Second Appeal in Property Suit, Upholds Concurrent Findings of Fact. The court held that the appellants failed to prove title by adverse possession and that the suit was not barred by limitation under the Portuguese Civil Code.

The case involves a second appeal filed by the appellants, who were defendants in a suit for declaration of title and recovery of possession filed by ...

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Bombay High Court Dismisses Second Appeal in Mortgage Redemption Suit — Concurrent Findings of Fact Not Interfered With. Suit for redemption of mortgage filed after 26 years held barred by limitation and not maintainable as mortgage was not proved.

The appellants, Sanjay Punamchand Pipada and Zamkubai Punamchand Pipada, filed a second appeal against the judgment and decree of the Regular Civil Su...

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Bombay High Court Allows Appeal Against Appointment of Interim Board of Trustees for Lilavati Kirtilal Mehta Medical Trust — Appointment of Interim Board Set Aside for Non-Compliance with Trust Deed and Natural Justice.

The case involves two appeals arising from an order of the Civil Judge (Senior Division) at Bombay appointing an Interim Board of Trustees for the Lil...

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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...