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Bombay High Court Allows Stay of Demand for Slum Rehabilitation Authority in Income Tax Exemption Case — Prima Facie Case Established for Section 11 Exemption Despite Section 2(15) Proviso. Statutory Authority's Non-Profit Slum Rehabilitation Activities Held Charitable, Not Commercial.

The Petitioner, Slum Rehabilitation Authority, a statutory body established under the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment...

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Bombay High Court Partially Allows Challenges to Arbitral Award in Development Agreement Dispute. Court upholds award on termination and damages but modifies interest rate and clarifies that the builder is entitled to retain constructed area as per agreement.

The case involves two arbitration petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging a common arbitral award ...

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Bombay High Court Dismisses Petitions Challenging SEBI's Ex-Parte Interim Order in Securities Market Manipulation Case. Court upholds SEBI's power to issue ex-parte interim directions under Section 11B of SEBI Act, 1992 to protect market integrity.

The Bombay High Court dismissed two writ petitions filed by Hemant Kulshrestha and Vinay Bansal challenging an ex-parte interim order passed by the Se...

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Bombay High Court Allows Public Interest Litigation and Quashes Sedition Charge Against Cartoonist. Freedom of Speech and Expression Under Article 19(1)(a) Protects Political Satire and Cartoons Unless They Incite Violence or Public Disorder.

The present Public Interest Litigation was filed by Sanskar Marathe, a practicing advocate, challenging the arrest of Assem Trivedi, a political carto...

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Supreme Court Grants Bail to Former Promoter in PMLA Case Citing Long Incarceration and Delayed Trial. The court held that the twin conditions under Section 45 PMLA were not satisfied and that continued detention violated Article 21.

The Supreme Court allowed the appeal of Arvind Dham, a former promoter and non-executive chairman of Amtek Auto Ltd., against the Delhi High Court's o...

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Bombay High Court Dismisses Petition Challenging Exemption Order Under ULC Act Due to Reservation in Development Plan — Petitioner Failed to Implement Scheme Despite Exemption, No Ground for Modification After Repeal of ULC Act.

The petitioner, Smt. Sitabai Ramchandra Lonkar, filed a Writ Petition under Article 226 of the Constitution of India challenging the order dated 13th ...

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Bombay High Court Quashes FIR Against Scientist in Recruitment Scam Case — Lack of Prima Facie Evidence of Criminal Conspiracy or Corruption. Allegations of Irregular Recruitment Without Sanction Under Section 19 of Prevention of Corruption Act, 1988 Cannot Sustain Prosecution.

The petitioner, Dr. Dhananjai Kumar Pandey, a Scientist at the National Centre for Antarctic and Ocean Research (NCAOR), Goa, filed a Criminal Writ Pe...