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Bombay High Court Dismisses Petition Challenging Applicability of Biological Diversity Rules to Indian Entities. Rule 17 of Biological Diversity Rules, 2004 and Benefit Sharing Regulations Apply to All Entities, Not Just Foreign Entities.

The petitioners, comprising an association of Ayurvedic drug manufacturers and individual companies, filed a writ petition under Article 226 of the Co...

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Bombay High Court Upholds Constitution of Special Bench by ITAT President on CBDT Request in Income Tax Appeal. Power under Section 255(3) of Income Tax Act is Administrative and Not Subject to Prior Hearing or Natural Justice.

The petitioner, M/s Jagati Publications Ltd., a public limited company publishing a Telugu newspaper, filed a writ petition in the Bombay High Court c...

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Supreme Court Allows Appeal in Part and Refers Question of Law to Larger Bench in MSMED Act Dispute. Registration Under Section 8 of MSMED Act, 2006 Not a Precondition for Reference Under Section 18, but Issue Requires Authoritative Determination by Three-Judge Bench.

The Supreme Court of India heard an appeal by NBCC (India) Ltd. against the State of West Bengal and others, concerning a dispute with M/s Saket Infra...

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Bombay High Court Dismisses Petition Seeking Recognition of L.C.E.H. Qualification for Allopathic Practice. L.C.E.H. is a Homoeopathy Qualification and Does Not Entitle Holders to Practice Modern Scientific System of Medicine.

The petitioners, LCEH Doctors' Association and two individual doctors holding L.C.E.H. (Licentiate of Court of Examiners in Homoeopathy) qualification...

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High Court of Bombay Considers Revision Against SEBI Special Court's Rejection of Discharge in SEBI Prosecution for Non-Payment of Penalty. Vicarious Liability of Directors Under Section 27 SEBI Act Questioned Due to Absence of Specific Averments in Complaint.

The matter arose from four Criminal Revision Applications filed before the High Court of Bombay challenging a common order of the SEBI Special Court t...

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Supreme Court Allows Appeal in Bond Redemption Dispute, Upholding Defendant's Compliance with RBI Directives. Interest on Delayed Payment Not Payable Due to Regulatory Embargo and Pending Liquidation Proceedings Under Companies Act, 1956.

The dispute arose from a suit filed by M/s. SIBCO Investment Pvt Ltd against Small Industries Development Bank of India seeking interest on alleged be...

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High Court of Karnataka Quashes Criminal Proceedings in Bribery Case After Exoneration in Departmental Enquiry. Proceedings Quashed Under Section 482 Cr.P.C. as Identical Charges Could Not Be Established in Prior Enquiry and Tribunal Found No Evidence of Demand/Acceptance of Bribe.

The petitioner, a public servant working as a Tahasildar, was implicated in a bribery case under the Prevention of Corruption Act, 1988. A complaint w...