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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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Madras High Court Acquits Accused in POCSO Case Due to Inconsistent Evidence and Lack of Corroboration. Allegation of Sexual Assault Fails as Victim's Testimony Contradicted by Medical Evidence and Delay in FIR.

The appellant, Manikandan, was convicted by the Sessions (Fast Track Mahila) Judge, Namakkal, for offences under Sections 5(l) and 5(j)(ii) of the Pro...

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High Court of Bombay at Goa Decides State's Appeal Against Acquittal for Offences Under IPC Sections 376(2)(f), 376(2)(k), 354, 354A, 354B, 341, 342. Case Involved Alleged Sexual Assault by Editor-in-Chief on Employee During THiNK Fest 2013.

The State of Goa filed an appeal against the acquittal of the respondent, the Editor-in-Chief of Tehelka magazine, who was charged with sexual assault...

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Bombay High Court Quashes Reopening Notice Under Section 148 of Income Tax Act for Lack of Failure to Disclose Material Facts. Reassessment after four years barred unless Revenue shows assessee failed to fully and truly disclose all material facts.

The petitioner, Bhavani Gems Private Limited, challenged a notice dated 30.03.2021 issued under section 148 of the Income Tax Act, 1961 for reopening ...

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Bombay High Court Quashes Discharge Order in Private Complaint Case — Reiterates That Magistrate Must Apply Judicial Mind at Stage of Issuance of Process Under Section 204 CrPC. Sessions Court Cannot Discharge Accused Without Considering Magistrate's Order and Material on Record.

The petitioner, Shivaji Ananda Pawar, filed a private complaint against several accused, including respondent nos. 1 and 2 (original accused nos. 5 an...

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High Court Quashes FIR and Charge Sheet Under Prevention of Insults to National Honour Act, 1971 for Applicant Due to Lack of Intent and Evidence -- Senior Citizen Applicant Granted Relief Based on Unconditional Apology and Procedural History

The High Court allowed a criminal application by Applicant, an 85-year-old retired individual, seeking quashing of an FIR and charge sheet under the P...

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High Court of Karnataka Dismisses Petitions by Automobile Dealers Challenging Labour Court Awards of Back Wages and Reinstatement. Retrenchment of Workmen Found Illegal for Non-Compliance with Section 25-F of Industrial Disputes Act, 1947.

The case involves a batch of writ petitions filed by various automobile dealership companies (petitioners) challenging common awards passed by the Lab...

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Supreme Court Upholds Limitation of Liability Clause in Arbitration Case — Clause 49.5 Bars Damages for Employer Delay. Contractual prohibition on claiming damages for employer-caused delay held valid and enforceable under the Arbitration and Conciliation Act, 1996.

The dispute arose from a construction contract between M/s. C & C Constructions Ltd. (appellant) and IRCON International Ltd. (respondent) for buildin...