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High Court of Karnataka Dismisses Second Appeal in Property Suit — Concurrent Findings of Fact Not Interfered With. Court holds that no substantial question of law arises when findings are based on appreciation of evidence and not perverse.

The appellant, Smt. Seetha S. Shetty, filed a second appeal under Section 100 of the Code of Civil Procedure, 1908, against the judgment and decree of...

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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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Gujarat High Court Dismisses Revision Against Discharge in Adultery Case — No Prima Facie Case Under Section 497 IPC as Complainant Failed to Prove Adultery Beyond Reasonable Doubt.

The revision application was filed by the complainant-husband challenging the orders of the courts below discharging the accused (his wife and the all...

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Bombay High Court Upholds Reopening of Assessment Under Section 147(a) for Income Tax on Minimum Guarantee Receipts from Film Sale. Assessee's Failure to Disclose Full Consideration for Sale of Movie 'Charas' Justifies Reassessment Despite Partial Acceptance of Addition.

The case involves an income tax reference at the instance of the assessee, who sold a movie titled 'Charas' to M/s. Prakash Pictures on a minimum guar...

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High Court of Karnataka Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Compensation for Death of Employee. Negligence of Driver and Owner Established; Insurance Company Liable to Pay Compensation Under Motor Vehicles Act, 1988.

The case involves an appeal filed by the National Insurance Co. Ltd. under Section 173(1) of the Motor Vehicles Act, 1988, against the judgment and aw...