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Bombay High Court Allows Employer's Writ Petition Against Interest on Retrenchment Compensation. Industrial Tribunal's Direction to Pay 12% Interest Set Aside as Employer Had Bona Fide Offered Payment and Amount Was Not Retained, Compliant with Sections 25-F, 25-G, 25-H of Industrial Disputes Act, 1947.

This writ petition arose from an industrial dispute concerning the retrenchment of 43 workmen by M/s. Bombay Film Enterprises Private Limited, a film ...

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High Court of Gujarat Hears Challenge to Constitutional Validity of Section 10A(2)(c) of MMDR Act and Rule 8(4) of MCR Rules, 2016. Petition Seeks Execution of Mining Lease Deed and Challenges Orders of Union and State Governments.

The petitioner, a company registered under the Companies Act, 1956 (originally ABG Cement Ltd., later Vadraj Cement Ltd.), filed a writ petition befor...

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Bombay High Court Examines Whether Writ Petition Lies Against National Stock Exchange for Termination. Maintainability Questioned on Grounds That NSE is Not State Under Article 12 and Dispute is Contractual.

The petitioner, Suprabhat Lala, was appointed as a Manager with the National Stock Exchange (NSE) on 1 October 2001 under terms and conditions set out...

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Special Court Convicts Broker and Beneficiaries in BMC Bank Securities Fraud; Acquits Employees and Other Brokers. Broker Held Liable for Dishonest Receipt of Stolen Property Under Section 411 IPC, While Beneficiaries Convicted of Cheating Under Section 420 IPC.

The case involved a criminal trial before the Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 19...

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Supreme Court Dismisses Appeal by Erstwhile Directors in First Insolvency Case, Holding IBC Overrides State Moratorium. Corporate Debtor's Belated Defence of Non-Disbursal Under Master Restructuring Agreement Rejected as After-Thought.

The case arose from the first application under the newly enacted Insolvency and Bankruptcy Code, 2016. The appellant, a multi-product company, faced ...

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Supreme Court Allows Insurance Company's Appeal Against Liability for Death Claim Due to Heat Stroke. Insurance Policy Strictly Construed to Exclude Natural Deaths and Time-Barred Claims Under Contract Terms Requiring 'External Violent and Visible Means' for Coverage.

The Supreme Court addressed an appeal concerning insurance liability for the death of a police constable during election duty. The appellant insurance...