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Special Court Tries Accused in Securities Transactions Fraud for Criminal Breach of Trust under IPC. Charges Include Section 409 IPC and Prevention of Corruption Act for Bank Fund Misappropriation and Forgery.

The Central Bureau of Investigation prosecuted R. Dhankumar, S.P. Kamach, and Hiten P. Dalal before the Special Court for Trial of Offences Relating t...

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Bombay High Court Allows Appeal in Income Tax Derivative Loss Set-off Case. Loss from derivatives trading on recognized stock exchange held not speculative under Section 43(5)(d) of Income Tax Act, 1961, and can be set off against other business income under Section 70.

The appellant, Souvenir Developers (I) Pvt. Ltd., is a domestic company deriving income from toll collection business and also trading in shares and d...

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Bombay High Court Allows Writ Petition Challenging Disqualification of Stent Manufacturer from Tender Process. Petitioner's Drug Eluting Stents, Approved by DCGI, Held Eligible for Supply Under Rajiv Gandhi Arogya Yojana.

The Petitioner, M/s. Vascular Concepts Ltd., a company manufacturing Drug Eluting Stents, filed a Writ Petition before the Bombay High Court challengi...

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Bombay High Court Allows Appeals by Tenants Against Eviction Orders in Redevelopment Dispute — Held That Tenants Cannot Be Evicted Without Proper Rehabilitation Under MHADA and Cooperative Housing Society Bye-Laws.

The judgment pertains to a group of appeals filed by tenants (Pramod Jamnadas Gokani, Upendra Lallubhai Shah, Priti Pramod Gokani, and Kamlesh Jayant ...