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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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Bombay High Court Dismisses Writ Petition by Cricket Association of Bihar Challenging BCCI Committee Report on Membership. Court holds that the report is not binding and the petitioner lacks locus standi to challenge it.

The petitioner, Cricket Association of Bihar, a society registered under the Societies Registration Act, 1860, filed a writ petition under Article 226...

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Supreme Court Dismisses Union of India's Challenge to Advisory Board Opinion in COFEPOSA Detention Case — Advisory Board's Opinion of No Sufficient Cause for Detention is Non-Justiciable and Not Subject to Challenge Under Article 136

The case involves a challenge by the Union of India against the opinion of the Advisory Board constituted under the Conservation of Foreign Exchange a...

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Bombay High Court Hears Batch of Petitions Challenging APMC Nagpur Election Process and Government Orders Extending Board Tenure

The judgment pertains to multiple writ petitions and a contempt petition concerning the elections and administration of the Agricultural Produce Marke...

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Supreme Court Dismisses Electricity Board's Appeals in Illegal Disconnection Case — Board Cannot Claim Charges for Period of Its Own Wrongful Act. Initial Disconnection Without Considering Consumer's Instalment Request Violates Section 56 of Electricity Act, 2003.

The appeals arose from a dispute between the Bihar State Electricity Board (appellant) and M/s Iceberg Industries Ltd. (respondent/company) concerning...