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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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Bombay High Court Dismisses Appeals Challenging MPID Act Application in NSEL Scam Case — Held That MPID Act Applies to NSEL as a Financial Establishment and That Default in Repayment of Deposits Attracts Offences Under the Act.

The judgment arises from multiple criminal appeals and interim applications filed by various parties, including directors, brokers, and financial inst...

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High Court Quashes Criminal Proceedings in Assault Case Due to Settlement Between Parties — Compromise Reached in Non-Compoundable Offences Under Sections 326 and 324 IPC, Court Exercises Inherent Power Under Section 482 CrPC to Prevent Abuse of Process.

The petitioners, six individuals, filed a criminal petition under Section 482 of the Code of Criminal Procedure, 1973 (CrPC) seeking quashing of proce...

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Bombay High Court Directs Freeze on Mangrove Destruction in Maharashtra and Orders Comprehensive Satellite Mapping to Identify Protection Areas. High Court Recognizes Ecological Importance of Mangroves and Applies Precautionary Principle to Prevent Further Damage Pending Final Adjudication.

The Public Interest Litigation was filed by Bombay Environmental Action Group and another before the High Court of Judicature at Bombay, seeking prote...

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CRIMINAL WRIT PETITION NO.3931 OF 2016

The petitioner, a former PWD Minister of Maharashtra, filed a habeas corpus petition under Articles 226 and 227 of the Constitution challenging his ar...

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Bombay High Court Quashes Circular Closing Liquor Shops on Ram Navmi — Section 142 of Bombay Prohibition Act Requires Individual Satisfaction of Collector. Blanket Circular by Commissioner of State Excise Directing All Collectors to Close Licensed Liquor Shops on a Particular Day Held Ultra Vires.

The petitioners, Maharashtra Wine Merchants Association and Indian Hotels and Restaurant Association, challenged a circular dated 4th April 2006 issue...