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Karnataka High Court Upholds Single Judge's Order Directing Consideration of Layout Plan Approval Despite Lapsed Scheme. Scheme Notification Under Sections 17(1) and 17(3) of Karnataka Urban Development Authorities Act, 1987 Lapses After 5 Years Without Section 19 Declaration.

The State of Karnataka and the Deputy Commissioner of Vijayapura filed a writ appeal against the order of a learned Single Judge in W.P.No.201785/2023...

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Bombay High Court Allows Lapsing of Land Reservation Under Section 127 of MRTP Act for Non-Acquisition Within Ten Years. The court held that failure to acquire reserved land within the statutory period results in automatic lapsing of reservation and release of land to the owner.

The petitioner, Siddharam Shivappa Patil, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court seeking a ...

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High Court of Karnataka Allows Petitioner's Challenge to Land Acquisition Scheme Under Section 27 of BDA Act. Scheme Declared Lapsed Due to Non-Completion Within Time Limit.

The petitioner, Sri. S. Kaleel, filed writ petitions under Articles 226 and 227 of the Constitution of India seeking a declaration that the J.P. Nagar...

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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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High Court of Karnataka Quashes Criminal Proceedings in NI Act Case Due to Company Having Been Dissolved Prior to Issuance of Cheque. Director Not Held Liable Under Section 138 of Negotiable Instruments Act, 1881 as Company Struck Off Under Companies Act, 1956.

Background: The petitioner, a director of Giga Networks Private Limited, approached the High Court under Section 482 of the Code of Criminal Procedure...