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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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Bombay High Court Full Bench Examines Whether Affidavit Verification Can Bypass Examination Under Section 200 CrPC in Cheque Dishonour Cases under Section 138 NI Act. Reference Made to Reconcile Conflicting Views on Section 145 NI Act's Impact on Summary Trial Procedure.

The Bombay High Court was seized of a reference to a Full Bench arising from Criminal Writ Petition No. 2523 of 2010, filed by the accused (Chief Fina...

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Bombay High Court Quashes Process in NI Act Case for Non-Compliance with Section 202 CrPC Inquiry. Magistrate failed to conduct mandatory inquiry under Section 202 CrPC before issuing process against accused residing outside jurisdiction.

The petitioner, Kunal Rajesh Kothari, filed a criminal writ petition challenging the order dated 19th January 2016 passed by the Judicial Magistrate, ...