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Supreme Court Clarifies SEBI's Jurisdiction in Investor Compensation Claims Under Securities Law. SEBI Lacks Power to Award Direct Compensation but Can Order Disgorgement of Ill-Gotten Gains for Restitution Under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992.

The dispute originated in 2005 when the Securities and Exchange Board of India (SEBI) issued a show-cause notice to M/s. Vital Communications Limited ...

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Bombay High Court Dismisses Contempt Petition for Alleged Willful Disobedience of Order Directing Collector to Treat Writ Petition as Representation. Court held that the order was complied with by the Collector's decision, and no willful disobedience was established.

The petitioners, Thaksen Waman Davale and others, filed a contempt petition alleging that the respondents, including Subhas D. Sonawane and others, wi...

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Bombay High Court Allows Writ Petition Challenging Termination of Peon Without Enquiry. Termination Order Held Stigmatic as It Referred to Prior Communications Alleging Misconduct, Requiring Disciplinary Enquiry Under Section 81 of Maharashtra Public Universities Act, 2016.

The petitioner, Sushind Kisan Rathod, was employed as a Peon at Rajashree Shahu Science College, Chandur Railway, which is run by respondent no.2, Atu...

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Bombay High Court Dismisses Civil Revision Application Challenging Order Granting Liberty to Withdraw Suit and File Arbitration. Arbitration Agreement Enforceable Despite Unregistered Partnership Firm Under Section 69 of Partnership Act, 1932.

The case involves a civil revision application filed by the applicant (original defendant) under Section 115 of the Code of Civil Procedure, 1908, cha...

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Karnataka High Court Hears Writ Petition of Auction Purchaser Against DRAT Order Setting Aside Sale Under RDDBFI Act. Petitioner Challenges Order Directing Refund of Bid Amount, Alleging Fraudulent Agreement to Defeat Auction Sale.

The petitioner, Smt. K. Padma, auction purchaser of a property in a bank recovery sale, filed a writ petition under Articles 226 and 227 of the Consti...

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Bombay High Court Dismisses Patent Infringement Suits as Patents Were Revoked Prior to Filing. Summary Judgment Granted Under Order XIII-A CPC as Plaintiff Had No Locus Standi to Sue for Infringement of Revoked Patents.

The plaintiff, Bharat Bhogilal Patel, filed two suits for infringement of two patents granted in 2003. The defendants, TVS Electronics Ltd. and Kalelk...

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Bombay High Court Reserves Judgment on Writ Petition Challenging Termination of College Principal Over Cancelled Caste Certificate. Petitioner Questions Tribunal’s Dismissal of Appeal Alleging Violation of Natural Justice in Cancellation of Caste Certificate Under Maharashtra Universities Act, 1994.

Background: The petitioner, Shri Sambhaji Shivaji Mali, initially appointed as a lecturer in 1968 and confirmed in 1971 at a college affiliated to Shi...