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Bombay High Court Upholds Admission of Winding-Up Petition Against Telecom Company Due to Substratum Erosion and Deadlock. Cancellation of 2G Licences and Irreconcilable Differences Between Equal Shareholders Justify Winding-Up Under Section 433(f) of the Companies Act, 1956.

The appeal arose from an order of the company judge admitting a petition for winding up of Etisalat D.B. Telecom Limited (the company) under Section 4...

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Special Court Tries Accused in Securities Transactions Fraud for Criminal Breach of Trust under IPC. Charges Include Section 409 IPC and Prevention of Corruption Act for Bank Fund Misappropriation and Forgery.

The Central Bureau of Investigation prosecuted R. Dhankumar, S.P. Kamach, and Hiten P. Dalal before the Special Court for Trial of Offences Relating t...

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Bombay High Court Examines Territorial Jurisdiction in Section 11 Arbitration Application Over Insurance Claim Dispute. Court Finds Entire Cause of Action Arose in Telangana and Head Office Presence in Mumbai Alone Did Not Confer Jurisdiction Under Clause XII of Letters Patent.

Two applications under Section 11 of the Arbitration and Conciliation Act, 1996 were filed before the Bombay High Court seeking appointment of a sole ...

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Supreme Court Allows State's Appeal Against Quashing of Second FIR in Corruption Case — Second FIR Permissible When It Discloses Distinct and Separate Incidents Not Part of Same Transaction.

The Supreme Court allowed the appeal filed by the State of Rajasthan against the judgment of the Rajasthan High Court quashing the second FIR register...

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Supreme Court Dismisses Appeal Against Grant of Transmission Licence Without TBCB in HVDC Project. Section 63 of Electricity Act, 2003 is an alternative route; regulatory commission has discretion to adopt regulated tariff mechanism for transmission projects.

The case involves a challenge by Tata Power Company Limited Transmission (TPC-T) against the grant of a transmission licence by the Maharashtra Electr...