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Special Court Convicts Broker and Beneficiaries in BMC Bank Securities Fraud; Acquits Employees and Other Brokers. Broker Held Liable for Dishonest Receipt of Stolen Property Under Section 411 IPC, While Beneficiaries Convicted of Cheating Under Section 420 IPC.

The case involved a criminal trial before the Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 19...

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Bombay High Court Pronounces Judgment on Writ Petition Challenging Disqualification of Consortium's Financial Bid in Municipal Water Supply Tender; Court Examines Scope of Judicial Review Under Article 226 of Constitution of India.

The petitioners, a consortium of three companies, challenged the decision of the Mira Bhayander Municipal Corporation's Standing Committee which disqu...

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Supreme Court Allows Appeal in Arbitration Dispute — Restores Arbitral Award for Compensation for Unproductive Use of Machinery. Court Holds That High Court Exceeded Its Jurisdiction Under Section 34 of Arbitration and Conciliation Act, 1996 by Reappreciating Evidence and Substituting Its Own View.

The Supreme Court allowed the appeal filed by M/s. Dyna Technologies Pvt. Ltd. against the judgment of the Madras High Court, which had set aside an a...

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Bombay High Court Dismisses Petition Challenging Office Note Requiring Courier Companies' Authorized Signatories to Hold 'F' Card, 'G' Card or Kardex Number and Pass Examinations Under CHALR 2004. Courier Regulations Not Exempt from Customs Broker Licensing Requirements Under CHALR 2004/CBLR 2013.

The Couriers Association of India filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court challenging an Off...

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Gujarat High Court Dismisses Petitions Challenging Recovery of Half Salary Paid During Study Leave. Study Leave Regulations for Government Servants Only Provide for Half Pay Leave, Not Full Pay.

This batch of petitions was filed by Assistant Professors and Lecturers working in Government Engineering Colleges in Gujarat. The petitioners were re...