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Bombay High Court Dismisses PIL Seeking Regulation of Time Share Companies as Collective Investment Schemes Under SEBI Act. Court Holds That Time Share Arrangements Do Not Constitute Collective Investment Schemes and That Grievances Are Contractual in Nature.

The petitioner, M/s Securities & Time Share Owners Welfare Association, filed a public interest litigation seeking a direction to the Securities and E...

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Supreme Court Dismisses Section 11 Petition for Appointment of Arbitrator in International Commercial Arbitration Dispute. Seat of Arbitration Held to be Dubai, UAE, Not India, Based on Express Terms of Distributorship Agreement.

The present petition was filed under Section 11(6)(a) read with Section 11(12)(a) of the Arbitration and Conciliation Act, 1996, seeking appointment o...

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Supreme Court Dismisses Appeal in Life Insurance Claim Repudiation Case Due to Suppression of Material Facts. Non-disclosure of existing life insurance policies at the time of proposal constitutes material suppression, entitling insurer to repudiate claim under Section 45 of the Insurance Act, 1938.

The present appeal arises from an order dated 28.05.2019 of the National Consumer Disputes Redressal Commission, New Delhi, dismissing the appellant's...

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Supreme Court Resolves Conflict in Citizenship Rules for Assam NRC: Harmonious Construction of Sub-para (2) of Paragraph 3 and Paragraph 8 of Schedule to Citizenship Rules, 2003. Court Declines to Create Appellate Forum Under Article 142, Leaves it to Parliament and Executive.

The Supreme Court of India heard a batch of civil appeals arising from Special Leave Petitions challenging the preparation of the National Register of...

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Supreme Court Allows Insurance Claim in Fire Damage Case — Surveyor Reports Cannot Be Ignored Without Valid Reasons. Appointment of Multiple Surveyors Without Justification Leads to Adoption of First Surveyor's Report Under Section 64UM of Insurance Act, 1938.

The case involves a dispute between M/s New India Assurance Co. Ltd. (Insurance Company) and M/s Luxra Enterprises Pvt. Ltd. (Complainant), an industr...