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Karnataka High Court Dismisses Petitioner's Challenge to Notification Declaring PFI Unlawful with Immediate Effect under Unlawful Activities (Prevention) Act, 1967. Court Holds That Reasons for Immediate Effect are Sufficiently Disclosed in Notification Itself as Required by Section 3(3) Proviso.

The petitioner, claiming to be the President of Popular Front of India (PFI), filed a writ petition under Article 226 of the Constitution before the H...

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Petition in Bombay High Court Seeks to Quash AICTE's Withdrawal of Approval for Engineering and Polytechnic Colleges on Grounds of Alleged Land Deficiency. The Institute Argues That the Withdrawal After Years of Unobjected Approvals Violates Principles of Natural Justice.

In these writ petitions, the petitioner, a public trust running an engineering college and a polytechnic, challenged the withdrawal of approval by AIC...

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Supreme Court Allows Appeal in NI Act Case Due to Moratorium Under IBC — Cause of Action Arose After Insolvency Commencement. Director of Corporate Debtor Cannot Be Prosecuted Under Section 138 NI Act When Cause of Action Arose After Moratorium Under Section 14 IBC.

The Supreme Court allowed the appeal filed by a director of a corporate debtor against the order of the Punjab and Haryana High Court dismissing his p...

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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 Grants Interim Injunction Restraining Bank from Enforcing Guarantee and Pledge Against Company Pending Company Law Board Proceedings. Alleged Fraudulent Assumption of Liability by Directors Without Shareholder Consent Raises Serious Questions to be Tried.

The applicant, Rajinder Kumar Malhotra, filed an application in a pending company appeal seeking an interim injunction to restrain HDFC Bank from reco...

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High Court of Karnataka Hears Petition Challenging Suspension and Cancellation of FCRA Registration — Petitioner Contends Violation of Natural Justice Principles. Court Examines Requirement of Reasonable Opportunity of Being Heard Under Section 14(2) of the Foreign Contribution (Regulation) Act, 2010.

The petitioner, Centre for Wildlife Studies, a trust engaged in wildlife conservation and research, registered under the Foreign Contribution (Regulat...

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Bombay High Court Decides Writ Petitions by District Supervision Cooperative Societies on Legality of Contribution Orders for Cooperative State Cadre Employment Fund; Examined Impact of Section 69A and Model Byelaws.

The matter comprised a group of writ petitions filed by various District Supervision Cooperative Societies and Taluka Supervision Cooperative Societie...