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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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Bombay High Court Reviews Conviction of Accused in Dacoity Case. Appeal Raises Questions on Identification of Accused and Seizure of Cash Under Indian Penal Code, 1860 and Arms Act, 1959.

This criminal appeal arose from Sessions Case No. 26/2003 where the appellant (original accused No. 4) was convicted for dacoity under sections 395, 3...

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Karnataka High Court Adjudicates Criminal Appeals Against Conviction in CBI Case Involving Fraudulent Auction of Wadiyar's Land for Tax Recovery. Convicts Challenge Trial Court's Judgment Under IPC and PC Act for Conspiracy, Cheating, and Corruption.

These criminal appeals arise from the judgment dated 30.08.2010 in Special CC No.134/1998 by the XXI Additional City Civil and Sessions Judge and Spec...

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High Court of Bombay Upholds Employer's Forfeiture of Gratuity for Employee Convicted of Theft Involving Moral Turpitude. Theft by Bank Employee Constitutes Moral Turpitude Under Section 4(6)(b)(ii) of Payment of Gratuity Act, 1972, Justifying Forfeiture of Gratuity.

The petitioners, officials of the Bank of Maharashtra, challenged the order of the Appellate Authority under the Payment of Gratuity Act, 1972, which ...

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Bombay High Court Dismisses Petition by Co-operative Bank Challenging Gratuity Payment Order. Employer Cannot Withhold Gratuity Under Payment of Gratuity Act, 1972 for Misconduct Not Involving Moral Turpitude or Loss During Employment.

The petitioner, Chairman/Chief Executive Officer of Sangli District Primary Teachers Co-op. Bank Ltd., challenged the order dated 11.2.2020 passed by ...

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Bombay High Court Dismisses Petition Challenging Disciplinary Action in ONGC Tender Irregularity Case. Court upholds chargesheet, punishment order, and appellate order against employee for unauthorizedly constituting tender committee to favor L2 bidder.

The petitioner, R.P. Gautam, an employee of Oil and Natural Gas Corporation Ltd. (ONGC), filed a writ petition under Article 226 of the Constitution o...

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Bombay High Court Quashes Cancellation of Contract and Forfeiture of Earnest Money in Coal Transport Tender Dispute. Violation of Natural Justice and Non-Application of Mind by Western Coalfields Limited Leads to Setting Aside of Order Cancelling Letter of Allotment and Debarment.

The petitioners, including a joint venture firm and its constituents, challenged an order dated 19.2.2014 passed by the respondents, Western Coalfield...

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High Court Dismisses Writ Appeals Against Dismissal of Writ Petitions on Ground of Delay and Laches. Appellant's Challenge to Appointment Conditions and Subsequent Appointment of Director General Rejected.

The appellant, who had been appointed as Director General of Central Power Research Institute (CPRI) by direct recruitment, challenged the terms of hi...