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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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Bombay High Court Allows Appointment of Arbitrator in Insurance Dispute Despite Insurer's Denial of Liability. Arbitration Clause in Comprehensive Mega Risks Insurance Policy Held to Survive Repudiation of Claim.

The applicant, Essar Steel India Ltd., filed an application under Section 11 of the Arbitration and Conciliation Act, 1996, seeking appointment of an ...

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Bombay High Court Quashes Process Against Accused in Domestic Violence Case Due to Lack of Territorial Jurisdiction. Complaint Filed at Nandurbar While Incident Occurred at Tenbhurne, Buldhana District, Violating Section 177 Cr.P.C.

The petitioners, 13 individuals, were aggrieved by an order dated 17.03.2012 passed by the Judicial Magistrate First Class, Nandurbar, issuing process...

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Supreme Court Allows Appeal of Electricity Distribution Company Against Quashing of Captive Power Plant Circulars. MERC's Retrospective Quashing of Pre-Approval Circulars Without Considering Financial Impact Set Aside.

The Supreme Court of India heard an appeal by Maharashtra State Electricity Distribution Company Limited (MSEDCL) against an order of the Appellate Tr...