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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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Madras High Court Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Contributory Negligence. Deceased motorcyclist found 50% contributory negligent for head-on collision with another two-wheeler; Tribunal's award modified under Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by the dependents of the deceased Kannan, who died in a collision between two two-wheelers ...

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CRIMINAL WRIT PETITION NO. 3301 OF 2018

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Bombay High Court Allows Appeal in Railway Accident Claim — Untoward Incident Presumed Under Section 124A of Railways Act, 1989. Deceased's fall from train due to sudden jerk or push constitutes an untoward incident; railway's defense of suicide or self-inflicted injury not established.

The appellants, being the father, mother, and brother of the deceased Ganesh Vasanta Kajale, filed a claim before the Railway Claims Tribunal, Nagpur,...

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Bombay High Court Quashes FIR Against Petitioners in Food Adulteration Case — No Offence Made Out Under Food Safety and Standards Act, 2006. Sale of 'Mint' and 'Saunf' Products Not Prohibited Under Section 26(2)(i) of FSS Act, 2006 as They Are Not 'Food' as Defined.

The petitioners, Anand Ramdhani Chaurasia and Vijay Banarasi Chaurasia, were engaged in the business of selling 'Mint' and 'Saunf' products. On 12th J...

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High Court of Karnataka Acquits Accused in Illegal Mining Case Due to Lack of Evidence and Procedural Lapses. Conviction under Mines and Mineral Act and IPC set aside as prosecution failed to prove possession of minerals beyond reasonable doubt.

The appellants, Dinesh and Cheluvamurthy, were convicted by the II Additional Sessions and Special Judge at Mysuru in Special Case No.85/2018 for offe...

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Bombay High Court Acquits Accused in Rape Case Due to Material Contradictions and Improbable Prosecution Case. Conviction under Section 376 IPC Set Aside as Testimony of Prosecutrix Lacks Corroboration and Medical Evidence Does Not Support Allegations.

The appellant, Shrikant Sukhdeo Borkar, was convicted by the 5th Additional Sessions Judge, Nagpur, for offences under Sections 376, 323, and 342 IPC ...

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Bombay High Court Dismisses Petitioner's Challenge to Premature Retirement Based on Date of Birth Discrepancy. Petitioner's claim of correct date of birth as 1st June 1950 rejected as service record showed 18th March 1947 and no application for correction was made within reasonable time.

The petitioner, Yashwant G. Tambe, filed a writ petition under Article 226 of the Constitution of India challenging his premature retirement from the ...