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Bombay High Court Quashes Industrial Court Order in Promotion Dispute Due to Non-Joinder of Affected Parties. Seniority-Based Promotion Claim Fails as Persons Promoted in Supersession Were Not Impleaded as Respondents Under MRTU and PULP Act.

The petitioner, Parmatma Ek Sevak Nagarik Sahakari Bank, challenged the judgment and order dated 27.08.2008 passed by the Industrial Court in Complain...

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Bombay High Court Quashes Employer's Acceptance of Resignation After Employee Withdrew It Before Effective Date. Acceptance of Resignation After Withdrawal Invalid Under Service Law; Employee Granted 75% Back Wages for Involuntary Unemployment.

The petitioner, a Development Officer employed by the Life Insurance Corporation of India at Aurangabad, approached the Aurangabad Bench of the Bombay...

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Special Court Convicts Broker and Beneficiaries in BMC Bank Securities Fraud; Acquits Employees and Other Brokers. Broker Held Liable for Dishonest Receipt of Stolen Property Under Section 411 IPC, While Beneficiaries Convicted of Cheating Under Section 420 IPC.

The case involved a criminal trial before the Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 19...

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High Court of Karnataka Delivers Judgment in Appeal Against Dismissal of Suit for Recovery of Money Alleging Bank's Unauthorized Issuance of Demand Drafts from Cheque Mandate. The Appeal Involves Issues of Bank's Liability for Acting Contrary to Instructions Under Sections of Customs Act, 1962 and CPC.

The plaintiff, a registered company engaged in manufacturing television and monitor components, imported goods and stored them in a bonded warehouse. ...