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Bombay High Court Quashes FIR Against Accused in Counterfeit Currency Case — Lack of Mens Rea and Knowledge of Counterfeit Notes. Petitioner deposited demonetized currency notes in bank; five notes found counterfeit but no evidence she knew they were fake, essential for Section 489B IPC.

The petitioner, Sanskriti Jayantilal Salia, filed a criminal writ petition under Article 226 of the Constitution of India and Section 482 of the Code ...

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High Court of Karnataka Quashes Criminal Proceedings Against Pensioners in Cheating Case Due to Civil Nature of Dispute and Lack of Criminal Intent. The court held that the dispute was purely civil and no criminal intent was made out under Sections 403, 406, 420 IPC.

The petitioners, Syed Salavuddin and Sudhakar, were accused Nos.1 and 2 in C.C.No.463/2013 pending before the Additional Civil Judge and JMFC at Humna...

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Bombay High Court Dismisses Petitioner's Challenge to Arbitral Award in Commercial Arbitration Dispute. Court upholds award under Section 34 of Arbitration and Conciliation Act, 1996, finding no patent illegality or conflict with public policy.

The petitioner, Ramakrishnan Krishnan, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award ...

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High Court of Karnataka considers power of Income Tax Appellate Tribunal to direct fresh enquiry under Section 254 of Income Tax Act, 1961 in a buy-back taxation case. The court formulates the substantial question of law regarding suo motu directions leading to potential enhancement of tax liability.

The appeal before the High Court of Karnataka arose from an order of the Income Tax Appellate Tribunal (ITAT) concerning the tax treatment of a buy-ba...

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Bombay High Court Examines Challenge to SEBI Special Court's Rejection of Compounding Application Under Section 24A of SEBI Act. Writ Petition Filed Against Order Denying Compounding of Offence Under Section 24(2) for Non-Payment of Penalty Without SEBI Consent.

The case involved a criminal writ petition filed by N.H. Securities Ltd. and its directors seeking to quash an order of the SEBI Special Court that ha...