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Bombay High Court Allows FERA Appeal: Tribunal Erred in Affirming Penalty for Alleged Contravention of Section 9(1)(f)(i) of FERA 1973 — Remittances Protected Under Remittances in Foreign Exchange (Immunities and Exemptions) Act, 1991 and Scheme of 1991.

The appellants, four individuals, received US$ 25,000 each in their savings bank accounts with Bank of Baroda on or about 12 October 1991, totaling US...

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High Court Quashes Endorsement Denying Compensation in Land Acquisition for National Highway — Payment Cannot Be Withheld Due to Title Dispute After Vesting. Competent Authority Must Deposit Disputed Amount Before Court Under Section 3G(5) of National Highways Act, 1956, Not Refuse Payment.

The petitioner, T. Younis @ Unees, a landowner, challenged two endorsements dated 20.05.2022 and 20.09.2022 issued by the Special Land Acquisition Off...

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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 Full Bench Examines Correctness of Century Textile Interpretation on 'Unprotected Worker' Under Maharashtra Mathadi Act. Referred Question Seeks to Determine Whether Only Casually Engaged Workers Are Covered by the Act Under Section 2(11).

The Bombay High Court Full Bench was constituted to resolve a conflict arising from differing interpretations of Section 2(11) of the Maharashtra Math...

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Bombay High Court Dismisses Appellant's Appeal Seeking Enhanced Compensation in Land Acquisition Case — Burden of Proof Not Discharged. Appellant failed to prove inadequacy of compensation under Section 18 of the Land Acquisition Act, 1894 as evidence of comparable sales was not properly established.

The case pertains to an appeal filed by Benjamin Pereira against the judgment and award dated 17th November 2006 passed by the Learned District Judge,...

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Supreme Court Allows Union's Appeals in Advance Authorization IGST Exemption Case. The Court upholds the pre-import condition as a valid policy measure to prevent double benefit and cash blockage, reversing the Gujarat High Court's decision.

The case involves appeals by the Union of India against a Gujarat High Court judgment that set aside the mandatory 'pre-import condition' for claiming...

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Bombay High Court Enhances Compensation in Motor Accident Claim Due to Incorrect Multiplier and Conventional Heads. Deceased aged 52, multiplier of 13 applied instead of 11, and amounts under loss of consortium, loss of estate, and funeral expenses increased as per Sarla Verma and Pranay Sethi.

The appellants, widow and children of deceased Jugalkishore Bajaj, filed a claim petition under Section 166 of the Motor Vehicles Act, 1988, seeking c...

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High Court of Gujarat Dismisses/Allows Appeal in Motor Accident Claim—Decision Not Captured. Composite Negligence and Quantum of Compensation Under Section 166 of the Motor Vehicles Act, 1988 Were the Key Issues.

The matter involves an appeal and cross-objections arising from the judgment and award dated 14th August 2020 passed by the Motor Accident Claim Tribu...