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Supreme Court Dismisses Appeal in PMLA Default Bail Case — BNSS Proviso Not Retrospective. Complaint Filed Before BNSS Commencement Governed by Old Law; No Default Bail as Complaint Filed Within 60 Days of Arrest.

The Supreme Court dismissed an appeal against the Uttarakhand High Court's order rejecting default bail to the appellant, Parvinder Singh, in a money ...

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Supreme Court Grants Bail to Editor-in-Chief in Abetment to Suicide Case — High Court Erred in Declining Bail Without Prima Facie Evaluation of FIR. Non-Payment of Dues Alone Does Not Constitute Abetment to Suicide Under Section 306 IPC.

The appellant, Arnab Manoranjan Goswami, Editor-in-Chief of Republic TV, was arrested on 4 November 2020 in connection with FIR No. 59 of 2018 registe...

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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

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Bombay High Court Acquits Police Constables in Corruption Case Due to Unreliable Trap Witness and Lack of Corroboration. Conviction under Prevention of Corruption Act, 1988 set aside as sole interested witness's testimony insufficient to prove demand and acceptance of bribe beyond reasonable doubt.

The case pertains to two police constables, Ghalappa Sardar Nadgeri (accused no.1) and Gurunath Keshav Rathod (accused no.2), who were convicted by th...

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NCLAT Larger Bench Holds Shareholder/Promoter is an 'Aggrieved Person' Under Section 61 IBC and Has Locus to Challenge Section 7 Admission Order. The reference resolves conflicting views on maintainability of appeal by shareholder against admission of insolvency petition.

The National Company Law Appellate Tribunal (NCLAT) Chennai Bench, in a larger bench of three members, addressed a reference question: whether a share...