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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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High Court of Karnataka Considers Challenge to Leave India Notice by Australian Employee over Alleged Violation of Natural Justice and FRRO's Jurisdiction. Employment Visa Grant by High Commission Not Subject to FRRO's Nullification, Argues Petitioner.

The writ petition was filed by an Australian citizen, who held an Employment Visa (E-2) valid from 08.01.2018 to 07.01.2020, after being appointed as ...

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Bombay High Court Allows Enhancement of Compensation in Motor Accident Claim by Treating Petition Under Section 166 Instead of Section 163A of Motor Vehicles Act, 1988. Claimants entitled to just compensation based on actual income and future prospects, not structured formula.

The appellants, being the widow, minor children, and father of the deceased Diwakar Pawade, filed a claim petition under Section 166 of the Motor Vehi...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim Case Due to Income Exceeding Limit Under Section 163-A of Motor Vehicles Act, 1988. Claim Petition Under Section 163-A Held Not Maintainable as Deceased's Annual Income Exceeded Rs.40,000/- Prescribed Limit.

The appellant, Bajaj Allianz General Insurance Co. Ltd., challenged the judgment and order dated 10/03/2016 passed by the Motor Accident Claims Tribun...

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High Court of Karnataka Enhances Compensation for Minor Injured in Road Accident — Motor Vehicles Act, 1988 — Claimant awarded additional Rs. 1,48,750/- with 6% interest for grievous injuries and permanent disability.

The appellant, a minor aged 8 years, through his father and next friend, filed an appeal under Section 173(1) of the Motor Vehicles Act, 1988, against...