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High Court of Bombay Dismisses Writ Petition Challenging Tender Cancellation in BEST Bus Procurement Case. Court upholds cancellation of tender for 25 double-decker buses due to lack of transparency and failure to comply with tender conditions, directing fresh tender process.

The petitioner, B. D. Bansal and Co., a proprietorship firm, filed a Writ Petition under Article 226 of the Constitution of India before the High Cour...

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Supreme Court Allows Revenue's Appeal in Income Tax Case on Bonus Shares - Averaging Original Cost Over All Shares. When Bonus Shares Rank Pari Passu, the Correct Method to Compute Profit or Loss is to Spread the Cost of Original Shares Over Both Original and Bonus Shares.

This case involved the method of computing profit or loss on the sale of bonus shares in the hands of a dealer in shares. The respondent, Gold Mohore ...

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High Court of Bombay Considers Revision Against SEBI Special Court's Rejection of Discharge in SEBI Prosecution for Non-Payment of Penalty. Vicarious Liability of Directors Under Section 27 SEBI Act Questioned Due to Absence of Specific Averments in Complaint.

The matter arose from four Criminal Revision Applications filed before the High Court of Bombay challenging a common order of the SEBI Special Court t...

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Bombay High Court Hears State's Appeal Against Acquittal in Murder Case Involving Political Rivalry. The Court Abates the Appeal Against Three Deceased Accused and Considers the Entire Evidence for Remaining Accused under Sections 302, 307, 149, 148 of the Indian Penal Code, 1860.

The matter arose from a political rivalry in village Kumbhari following the 1994 Panchayat elections. The deceased Mahavir Survase and the main accuse...

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WRIT PETITION NO. 2987 OF 2018

The judgment, rendered on 3 June 2019 by Justice G.S. Kulkarni of the Bombay High Court, was a writ petition concerning a Slum Rehabilitation Scheme o...

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High Court of Karnataka Dharwad Bench Hears Miscellaneous First Appeals Filed by Acquiring Authority Against Enhanced Compensation Awarded by Reference Court in Land Acquisition Cases — Appeals Filed Under Section 54(1) of Land Acquisition Act, 1894

These miscellaneous first appeals were filed by the Karnataka Industrial Areas Development Board (KIADB) under Section 54(1) of the Land Acquisition A...