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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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"Supreme Court Clarifies Legislative Competence on Alcohol Regulation: Potable vs Industrial Alcohol" "A landmark judgment addressing the scope of State and Union powers on regulating alcohol under the Indian Constitution."

The Supreme Court of India revisited the legislative competence concerning the regulation of alcohol under the Constitution. The court examined whethe...

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Bombay High Court Dismisses Petitioners' Challenge to Tender Conditions as Misconceived. Tender conditions requiring prior experience and financial capacity are valid and not arbitrary.

The petitioners, four private limited companies engaged in infrastructure development, filed a writ petition challenging the terms of a tender floated...

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Bombay High Court Quashes Transfer Order of Chief Engineer in MSETCL for Non-Compliance with Transfer Policy. Transfer of Employee Mid-Academic Year Without Considering Family Circumstances Violates Principles of Natural Justice and Departmental Transfer Guidelines.

The petitioner, Sanjay Tulshiram Shinde, a Chief Engineer with Maharashtra State Electricity Transmission Co. Ltd. (MSETCL), challenged an office orde...

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Bombay High Court Dismisses PIL Challenging Construction as Not Maintainable Due to Personal Interest and Availability of Alternative Remedy. Petitioner failed to disclose pendency of civil suit and lacked bona fide public interest, making PIL an abuse of process.

The petitioner, Sharad Nago Chinawale, filed a Public Interest Litigation under Article 226 of the Constitution of India before the Bombay High Court,...

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Bombay High Court Dismisses Petition Challenging Arbitral Award on Service Tax Reimbursement. Contractor not entitled to reimbursement of service tax imposed after bid submission but before contract award where contract provided for reimbursement only if tax was payable on date of bid.

The petitioner, Punj Lloyd Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dated ...

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Bombay High Court Dismisses PIL Challenging Lease of Wankhede Stadium to Mumbai Cricket Association. Court holds that lease of public property at nominal rent for promoting sports is not arbitrary and is a valid policy decision.

The petitioners, including Aam Aadmi Party and individuals, filed a Public Interest Litigation under Article 226 of the Constitution of India challeng...