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Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...

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Bombay High Court Rejects Second Bail Application in Economic Offence Case Due to No Change in Circumstances. Applicant's Role as Director in Fraudulent Transactions Upheld; Gravity of Offence Precludes Bail.

The applicant, Waryam Singh Kartar Singh, filed a second bail application under Section 439 of the Code of Criminal Procedure, 1973, in connection wit...

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NOTICE OF MOTION NO.955 OF 2018

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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...

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High Court of Karnataka Directs Consideration of Representation for Rehabilitation of Project Affected Family in BWSSB Water Supply Project. Writ of Mandamus Issued to Respondents to Consider Petitioner's Representation for Allotment of Site/House and Rehabilitation Within Eight Weeks.

The petitioner, Smt. Nagamma, filed a writ petition under Article 226 of the Constitution of India seeking a direction in the nature of mandamus to th...

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Bombay High Court Considers Section 34 Petition by State-Owned Oil Corporation to Set Aside Arbitral Award. Petitioner Alleges That Award Is Vitiated by Fraud Due to Non-Disclosure of Corporate Insolvency Proceedings by Respondent Joint Venture.

The matter arose out of a petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by Hindustan Petroleum Corporation Ltd., a sta...

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Bombay High Court Allows Petition and Declares Land Acquisition Lapsed Under Section 11A of Land Acquisition Act, 1894 Due to Non-Compliance with Time Limit. Award Excluding Subject Lands and Subsequent Inaction for Over Two Decades Leads to Lapsing of Acquisition Proceedings.

The petitioners, legal heirs of the original landowner Laxman Mahadev Katkar, challenged the land acquisition proceedings initiated by the State of Ma...