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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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Supreme Court Hears Appeals Filed by Convicts in Akshardham Temple Terror Attack Case. Appeals Challenge Convictions Under POTA, IPC, Arms Act, and Explosive Substances Act for Conspiracy and Murder of 33 Persons.

The Supreme Court of India heard criminal appeals filed by the convicted accused-appellants challenging their conviction and sentences awarded by the ...

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Bombay High Court Allows Writ Petition Challenging Invalidation of Caste Certificate for Vanjari NT(D) Category Student. Court sets aside Scrutiny Committee order due to lack of proper opportunity of hearing and failure to consider documentary evidence.

The petitioner, a 20-year-old student, claimed to belong to the 'Vanjari (30)' – NT(D) category and was issued a caste certificate by the Sub Divisi...

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Bombay High Court Acquits Accused in Murder Case Due to Inconsistent Evidence and Failure to Prove Common Intention. Conviction under Sections 302, 307, 324, 323, 143, 147, 148, 149 IPC Set Aside as Prosecution Failed to Establish Unlawful Assembly and Overt Acts.

The case involves multiple criminal appeals arising from a conviction by the trial court for offences including murder under Section 302 read with 149...

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Bombay High Court Dismisses State Appeal Against Acquittal in Murder Case Due to Unreliable Witnesses. Acquittal of Nine Accused under Sections 302, 307, 147, 148 read with 149 IPC and Bombay Police Act Upheld as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

The State of Maharashtra appealed against the judgment of the Adhoc Additional Sessions Judge, Yavatmal, in Sessions Case No.113 of 2006 dated 14.05.2...

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Bombay High Court Dismisses Petitions by Non-Signatories Under Section 37 of Arbitration Act. Third Parties Cannot Appeal Interim Arbitral Orders Absent Privity of Arbitration Agreement.

The dispute arose from arbitration proceedings between Excel Metal Processors Pvt. Ltd. (respondent no.1) and Shakti International Private Limited (re...

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Bombay High Court Dismisses Petitioner's Challenge to Invalidation of Scheduled Tribe Caste Certificate for Halba Category. Caste claim invalidated due to contradictory school records showing 'Koshti' caste and failure to establish affinity with Halba tribe.

The petitioner, Baburao Shrawan Dhakate, contested an election for a seat reserved for the Scheduled Tribe category. His caste claim for Halba Schedul...

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Bombay High Court Dismisses Appeal in Customs Case — Conversion of Shipping Bill from DEEC to Drawback Scheme Denied. CBEC Circular No. 4/2004 requires prior denial of DEEC benefit by DGFT or Customs; mere inability to utilize advance license does not qualify.

The appellant, Manawat Plastics Pvt. Ltd., exported Woven PP Bags/Fabrics under three Shipping Bills dated 06.08.2002, 13.08.2002, and 16.09.2002 unde...

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Bombay High Court Dismisses Appeal in Customs Case — Conversion of DEEC Shipping Bill to Drawback Scheme Denied. CBEC Circular No. 4/2004 Mandates Prior Denial of DEEC Benefit by DGFT or Customs Authorities, Which Was Not Established.

The appellant, Manawat Plastics Pvt. Ltd., exported Woven PP Bags/Fabrics under three Shipping Bills dated 06.08.2002, 13.08.2002, and 16.09.2002 unde...

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Supreme Court Disposes of Appeals by Authority for Advance Rulings Against High Court Judgment Quashing AAR's Rejection of Treaty Benefits. Questions Raised on Taxation of Capital Gains Under India-Mauritius DTAA and Scope of Section 245R(2) Proviso (iii) of Income Tax Act, 1961.

The disputes arose from applications for advance ruling filed by three Mauritius-incorporated companies—Tiger Global International II Holdings, Tige...