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Bombay High Court Considers Challenge to SBI Mutual Fund Merger and Directs SEBI Impleadment to Assess Regulatory Compliance. Court Examines Maintainability Under Article 226 and the Validity of Merger Based on Prevailing NAV Without Investor Meeting in Light of SEBI (Mutual Funds) Regulations, 1996.

The Petitioner, appearing in person, filed a writ petition under Article 226 of the Constitution challenging the merger of the SBI One India Fund with...

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NOTICE OF MOTION NO. 443 OF 2012

The matter arises out of Suit No. 1512 of 2009 before the Bombay High Court, filed by Shapoorji Pallonji & Company Ltd. against Jignesh Shah, Aruna Sh...

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Bombay High Court Directs MCGM to Consider New Building Proposal Application Under Section 44 of MRTP Act on Merits. The court held that each application must be decided independently and the MCGM cannot refuse to consider a fresh application based on earlier rejections.

The petitioners, Kaalkaa Real Estates Private Limited and its director Kanta Ramchandra Rane, filed a writ petition under Article 226 of the Constitut...

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High Court of Bombay Disposes of Two Public Interest Litigations Challenging Joint Venture Agreement for Transfer of 20 Acres of Land at Film City, Goregaon. The Court Decided the Common Challenge to the Agreement in Both Petitions, Leaving Other Reliefs for Separate Adjudication.

The High Court of Bombay heard two public interest litigations filed by different sets of petitioners, both challenging the actions of the Maharashtra...

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Bombay High Court Considers Petitions Against Royalty Demands for Excavation During Building Construction Under Section 48 of Maharashtra Land Revenue Code. Petitioners Argue Excavation Incidental to Permitted Construction Does Not Constitute Mining.

The Bombay High Court heard four writ petitions challenging the demand of royalty and penalty by revenue authorities for excavation carried out during...

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Supreme Court Holds Section 15J Factors Illustrative in SEBI Penalty Adjudication. Adjudicating Officer Retains Discretion to Consider Mitigating Circumstances Beyond Stipulated Factors Under SEBI Act.

The Supreme Court of India adjudicated a reference arising from multiple civil appeals concerning the interpretation of Section 15J of the Securities ...

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Bombay High Court Dismisses Municipal Corporation's Challenge to Minister's Order Directing Grant of TDR in Lieu of Reservation. Landowners Entitled to Transferable Development Rights Under MRTP Act After Finalization of Town Planning Scheme.

The judgment involves two writ petitions: one by the Municipal Corporation of Greater Mumbai (Corporation) challenging the order of the Minister for U...

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Bombay High Court Quashes ULC Act Demand for Excess Land Due to Repeal and Non-Completion of Proceedings. Demand for Rs 6,09,66,477 raised under Urban Land (Ceiling and Regulation) Act, 1976 set aside as proceedings were not finalized before the Act's repeal and the land was not vested in the State.

The petitioners, nine individuals, filed a writ petition challenging a demand of Rs 6,09,66,477 raised by the District Collector and Competent Authori...