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High Court Quashes FIR Against Bank Officials and BGR Energy Executives in Bank Guarantee Dispute -- No Criminal Intent Found in Commercial Transaction Under IPC Sections 420, 403, 406, 418, 425, 427 read with 34

The High Court quashed an FIR registered against bank officials and company executives alleging criminal offences in connection with bank guarantee tr...

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High Court of Karnataka Allows Writ Petition of Gram Panchayat Member Challenging Disqualification — Disqualification Order Quashed for Violation of Natural Justice. Failure to Provide Opportunity of Hearing Renders Disqualification Under Karnataka Panchayat Raj Act, 1993 Invalid.

The petitioner, Smt. Lalitabai, was elected as a member of Mogha (K) Gram Panchayat in elections held on 22.12.2020 and declared on 30.12.2020. She wa...

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Supreme Court Allows MTNL's Appeal Against Arbitration Order in Bond Dispute with Canara Bank. The Court held that arbitration proceedings cannot continue without a written arbitration agreement and without the consent of all necessary parties, specifically CANFINA.

The case involves a dispute between Mahanagar Telephone Nigam Ltd. (MTNL) and Canara Bank regarding bonds issued by MTNL. In 1992, MTNL floated bonds ...

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Supreme Court Holds Section 15J Factors Illustrative in SEBI Penalty Adjudication. Adjudicating Officer Retains Discretion to Consider Mitigating Circumstances Beyond Stipulated Factors Under SEBI Act.

The Supreme Court of India adjudicated a reference arising from multiple civil appeals concerning the interpretation of Section 15J of the Securities ...

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Bombay High Court Dismisses PIL Challenging Lease of Wankhede Stadium to Mumbai Cricket Association. Court holds that lease of public property at nominal rent for promoting sports is not arbitrary and is a valid policy decision.

The petitioners, including Aam Aadmi Party and individuals, filed a Public Interest Litigation under Article 226 of the Constitution of India challeng...

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Bombay High Court Quashes Slum Acquisition Notice Against Cooperative Housing Society for Non-Compliance with Section 14(1) of Maharashtra Slum Act. Failure to Consider Petitioner's Compliance and Lack of Proper Inquiry Renders Acquisition Invalid.

The petitioner, The Reserve Bank Employees' Snehdhara Cooperative Housing Society Ltd., filed a writ petition under Articles 226 and 227 of the Consti...

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Bombay High Court Upholds Life Imprisonment for Murder of Wife on Suspicion of Adultery — Conviction Under Section 302 IPC Confirmed Based on Circumstantial Evidence and Dying Declaration

The appellant, Dhanaji Bhagwan Madne, was convicted under Section 302 IPC for the murder of his wife Vandana. The prosecution case was that the appell...

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Bombay High Court Dismisses Challenge to Arbitral Award in Broadcast Rights Dispute — Upholds Award of Rs. 4.77 Crore with Interest. Arbitrator's findings on breach of contract and quantum of damages were not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

The Petitioner, Maharashtra Film Stage and Cultural Development Corporation Ltd., a Government of Maharashtra corporation, challenged an Arbitral Awar...