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Bombay High Court Allows Interest on Delayed Refund of CENVAT Credit Under Section 11BB of Central Excise Act, 1944. Petitioner entitled to interest from expiry of three months from date of refund application till actual refund.

The petitioner, Qualcomm India Private Limited, a company incorporated under the Companies Act, 1956, is engaged in providing support services to its ...

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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 at Goa Directs Strict Environmental Compliance in Vasco City Pollution Case. Court applies precautionary principle and public trust doctrine to prevent atmospheric pollution from coal and iron ore handling.

The judgment arises from a Suo Motu Writ Petition initiated by the Bombay High Court at Goa based on a letter from the Goa Citizens' Watch Dog Associa...

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High Court of Karnataka Quashes Removal of Mosque Committee Members for Violation of Natural Justice — Waqf Board Approval Required for Executive Committee Changes Under Waqf Act, 1995.

The petitioners, Abdul Sattar and Mohammad Mustafa, filed a writ petition under Articles 226 and 227 of the Constitution of India before the High Cour...

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Bombay High Court Allows Appeal in Arbitration Act Case — Upholds Appointment of Arbitrator Despite Alleged Non-Compliance with Pre-Arbitration Steps. Section 11(6) of the Arbitration and Conciliation Act, 1996 invoked where respondent failed to appoint arbitrator within 30 days of notice.

The appellant, a company incorporated under the Companies Act, 1956, and the respondent, a multi-state co-operative society constituted under the Mult...