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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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Supreme Court Upholds Enhanced Compensation for Land Acquired Under Land Acquisition Act, 1894. Market Value Assessment Based on Auction Sale Prices with Deductions for Development Held Reasonable, Affirming High Court's Decision.

The dispute arose from cross-appeals concerning the assessment of market value for land acquired under the Land Acquisition Act, 1894, in Narsingi and...

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Bombay High Court Dismisses Tenants' Revision Against Eviction Decree for Arrears of Rent, Damage, and Unauthorized Construction Under Bombay Rent Act, 1947. Doctrine of Relation Back Not Applicable as Amendment Was Not Allowed to Relate Back to Original Filing Date.

The case involves a civil revision application filed by tenants (Anil Joginder Sachdev and Rajeev Joginder Sachdev) against a decree of eviction passe...

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Bombay High Court Allows Petitioner to Retain Allotment Despite Delay in Payment of Lease Premium — Condonation of Delay Granted. Petitioner's failure to pay installments on time due to COVID-19 pandemic condoned, allotment restored on payment of interest and DPC.

The petitioner, Narayani Trexim Pvt. Ltd., participated in a tender floated by CIDCO for lease of a plot in Sector 18, Vashi, Navi Mumbai. It was the ...

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Supreme Court Upholds Acquittal in Murder Case Due to Lack of Evidence and Unreliable Witnesses. Conviction under Section 302/34 IPC and Section 120B IPC Set Aside as Prosecution Failed to Prove Conspiracy and Involvement of Accused Beyond Reasonable Doubt.

The case pertains to the murder of two individuals, Raja Mohammed (D1) and Raj Mohammed (D2), on the night of 28 December 1990 near Sarayananthal, Pap...

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Bombay High Court Dismisses Writ Petition Challenging RBI Circular on Resolution of Stressed Assets. Circular dated 12.02.2018 held to be valid and within RBI's powers under Sections 35A and 35AB of the Banking Regulation Act, 1949.

The petitioners, Jayaswal Neco Industries Limited and Jayaswal Holdings Private Limited, filed a writ petition under Article 226 of the Constitution o...

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Bombay High Court Restrains Invocation of Performance Guarantee in Arbitration Dispute — Finds Prima Facie Case of Fraud and Irretrievable Injustice. Section 9 of Arbitration and Conciliation Act, 1996 invoked to protect petitioner's interests pending arbitration.

The petitioner, Larsen & Toubro Limited (L&T), filed an arbitration petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking in...

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Bombay High Court Upholds Conviction for Murder Based on Circumstantial Evidence and Motive. Accused convicted under Section 302 IPC for killing his wife due to suspicion of her character, with chain of circumstances complete.

The appellant, Mahaveer Anantrao Mahajan, was convicted by the Additional Sessions Judge, Beed, in Sessions Case No. 90 of 2009 for the murder of his ...

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Bombay High Court Upholds Life Imprisonment for Murder Based on Circumstantial Evidence and Motive. Conviction under Section 302 IPC for killing wife sustained as chain of circumstances complete.

The appellant, Sahebrao Pandurang Gaikwad, was convicted under Section 302 IPC for the murder of his wife Sangeeta. The prosecution case was based on ...