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Special Court Accepts 'B' Summary Report in Securities Fraud Case — Mistake of Fact Found. Complaint under Sections 406, 409, 420 IPC against accused for alleged misappropriation of mutual fund investments closed as investigation revealed no criminal intent.

The case was initiated on a complaint by Sudhir Manjrekar, the constituted attorney of Canbank Mutual Fund, against Shrenik K. Jhaveri alleging offenc...

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High Court of Karnataka Dismisses Second Appeal in Property Suit — Concurrent Findings of Fact Not Interfered With. Regular Second Appeal under Section 100 CPC fails as no substantial question of law arises from concurrent findings of courts below regarding declaration of title and injunction.

The appellant, Maruti A/F Laxman Patil, filed a Regular Second Appeal under Section 100 of the Code of Civil Procedure, 1908, against the judgment and...

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High Court of Karnataka Allows Petition Under Section 11 of Arbitration and Conciliation Act, 1996 for Appointment of Arbitrator in Joint Development Agreement Dispute. Memorandum of Agreement dated 14.06.2012 Contains Valid Arbitration Clause.

The petitioners, three individuals, filed a petition under Section 11(5) of the Arbitration and Conciliation Act, 1996, seeking appointment of a sole ...

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High Court of Karnataka Dismisses Revision Petition Against Order Holding Partition Suit Maintainable Despite Earlier Compromise Decree. Court Rules That a Compromise Decree Does Not Bar a Fresh Suit for Partition When the Decree Was Not Acted Upon and the Parties Continued in Joint Possession.

The petitioner, defendant No.1 in O.S.No.114/2017, filed a revision petition under Section 115 of the Code of Civil Procedure, 1908 (CPC) challenging ...

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Bombay High Court Revokes Leave for Representative Suit in Tata Group Shareholder Dispute. Court holds that shareholders of different listed companies lack the same interest required under Order 1 Rule 8 CPC.

The Plaintiffs, claiming to be shareholders of various listed companies of the Tata Group, filed a representative suit under Order 1 Rule 8 of the Cod...

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Bombay High Court Allows Second Appeal in Partition Suit — Finds Substantial Question of Law on Adverse Possession and Limitation. Court holds that the first appellate court failed to properly consider the plea of adverse possession and limitation, and remands the matter for fresh consideration.

The case involves a second appeal arising from a partition suit. The appellants, original plaintiffs, filed a suit for partition and separate possessi...