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Judicial Scrutiny of RBI's Supersession of Abhyudaya Co-operative Bank's Board. Balance between Constitutional mandates and banking regulations reaffirmed.

The Bombay High Court assessed the legality of the Reserve Bank of India's (RBI) supersession of the Board of Directors of Abhyudaya Co-operative Bank...

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Bombay High Court Allows Assessee's Appeal in Bogus Purchases Case — Disallowance of 10% Purchases Set Aside. ITAT's finding that AO's order was not based on cogent evidence required full deletion of addition, not partial disallowance.

The case involves three Income Tax Appeals filed by the Assessee, Ashok Kumar Rungta, challenging the ITAT's order dated August 9, 2017, which upheld ...

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Bombay High Court Upholds Removal of Office Bearers in Co-operative Housing Society Dispute. Registrar's Order Under Section 75(5) of Maharashtra Co-operative Societies Act, 1960 Confirmed for Mismanagement and Non-Compliance.

The petitioners, Gaurav K. Desai and Smt. Shailaja Shetty along with Shri Jitendra Tandav, were ex-office bearers of respondent no.6, Sion Kamgar Co-o...