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Bombay High Court Quashes Penalty for Non-Certification of Annexures to Return of Allotment Under Section 39(5) of Companies Act, 2013 — Default Under Section 39(4) Relates Only to Filing of Return, Not Certification of Annexures.

The petitioners, N.S.J.L Nidhi Ltd and its officers, challenged an order dated October 11, 2023, by which a Learned Adjudicating Officer imposed a pen...

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Gujarat High Court Allows Employer's Petition in Industrial Dispute Case, Quashes Reinstatement Orders. Labour Court Failed to Consider Evidence of Voluntary Abandonment of Employment Under Industrial Disputes Act, 1947.

The petitioner, Mother Dairy Fruit and Vegetable Pvt Ltd, filed five Special Civil Applications under Articles 226 and 227 of the Constitution of Indi...

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Bombay High Court Dismisses Petitions Challenging SEBI's Ex-Parte Interim Order in Securities Market Manipulation Case. Court upholds SEBI's power to issue ex-parte interim directions under Section 11B of SEBI Act, 1992 to protect market integrity.

The Bombay High Court dismissed two writ petitions filed by Hemant Kulshrestha and Vinay Bansal challenging an ex-parte interim order passed by the Se...

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NCLAT Dismisses Interim Application Seeking Removal of IRP and Permission for Ex-Management to Operate Bank Accounts in CIRP. CIRP having commenced, no permission can be granted to ex-employee/key managerial person to operate bank accounts.

The National Company Law Appellate Tribunal (NCLAT) was hearing an interim application (I.A. No. 8910 of 2024) filed by the appellant, Sanjay Chandrak...

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Bombay High Court Upholds Termination of Employees for Illegal Strike and Misconduct Without Enquiry — Justified Under MRTU & PULP Act. Employer's Right to Lead Evidence Before Labour Court to Justify Dismissal Without Enquiry Upheld When Atmosphere of Terror Prevents Disciplinary Proceedings.

The case involves a writ petition filed by 22 ex-employees of M/s. Advani Oerlikon Ltd. challenging the judgment and order of the First Labour Court, ...

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Supreme Court Dismisses Appeal in Company Law Dispute Over Share Transfer Validity and Limitation. Rectification of Register of Members under Sections 59 and 88 of Companies Act, 2013 requires proof of valid share transfer and petition within limitation.

The case involves an appeal by Chalasani Udaya Shankar and others against M/s. Lexus Technologies Pvt. Ltd. and others, arising from a company petitio...

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Bombay High Court Dismisses Petition by Newspaper Company Challenging Industrial Court's Finding of Unfair Labour Practice. Employer's Failure to Implement Bachhawat Award and Deny Permanency to Workman Constitutes Unfair Labour Practice Under Items 5, 7, and 9 of Schedule IV of MRTU & PULP Act, 1971.

The petitioner, M/s. Lokmat Newspapers Private Limited, a registered company publishing daily newspapers from Nagpur, challenged the judgment and orde...

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Bombay High Court Upholds Reduction in Pay Scale as Punishment for Misconduct in Tata Memorial Hospital. Disciplinary action based on established misconduct and apology considered by employer.

The First Petitioner, Dr. Ganesh T. Panse, was employed as a Scientific Officer with the First Respondent, Tata Memorial Hospital. On 22nd September 2...