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High Court of Karnataka hears a writ petition challenging the assignment of investigation to the Serious Fraud Investigation Office under Section 212 of the Companies Act, 2013. The petition raises issues regarding the permissibility of parallel investigation and violation of natural justice principles.

The petitioner, Exalogic Solutions Private Limited, a one person company incorporated in 2014, sought to quash an order dated 31-01-2024 passed by the...

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High Court of Karnataka Adjudicates TDS Obligations of Turf Clubs on Stake Money Payments to Horse Owners under Income Tax Act. Interpretation of Section 194B and CBDT Circulars Central to Dispute over Characterization of Stake Money as Winnings.

The case involved writ petitions filed by Bangalore Turf Club Limited, Mysore Race Club Limited, Karnataka Race Horse Owners Association, and an indiv...

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Bombay High Court Upholds Validity of Rule 106-B of Drugs and Cosmetics Rules, 1945 Restricting Alcohol Content in Homoeopathic Medicines. The Court held that the rule is intra vires the Drugs and Cosmetics Act, 1940 and not violative of Article 14 or Article 19(1)(g) of the Constitution.

The Petitioner, Shrikrishna Homeo Pharmacy, a partnership firm registered under the Indian Partnership Act, 1932, carries on the business of manufactu...

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Bombay High Court Dismisses Petition Seeking Personal Hearing for Exemption Under SEBI Employee Benefits Regulations. SEBI Not Obliged to Grant Oral Hearing When Considering Exemption Application Under Regulation 9 of SEBI (Share Based Employee Benefits) Regulations, 2014.

The petitioner, JK Paper Limited, a public limited company, filed an exemption application under the Securities and Exchange Board of India (Share Bas...

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High Court of Bombay at Goa Upholds Conviction for Murder and Destruction of Evidence in Brutal Killing of Mentally Challenged Victim. Life Imprisonment and Fine Affirmed Based on Circumstantial Evidence Including DNA, Recovery of Weapon, and Motive of Insurance Fraud.

The appellant, Janardhan Kokre, was convicted by the Sessions Judge, South Goa, for the murder of Dilip Sadashiv Naik, a mentally challenged person, u...

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Gujarat High Court Allows Appeal by Pollution Control Board in Water Pollution Case — Sanction for Prosecution Valid Under Section 49 of Water Act. Chairman's Sanction Pursuant to Board Resolution is Sufficient Compliance with Section 49 of Water (Prevention and Control of Pollution) Act, 1974.

The Gujarat Pollution Control Board (Appellant) filed a criminal complaint against Respondent No. 2 and others for violation of Sections 24 and 25 of ...