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Supreme Court Allows Appeal of Former PNB MD & CEO Against Asset Freeze Orders in Gitanjali Gems Mismanagement Case. Section 241 Companies Act Powers Cannot Be Used to Attach Assets of Persons Unconnected with the Mismanaged Company.

The appeal was filed by Usha Ananthasubramanian, former Managing Director and CEO of Punjab National Bank (PNB), against orders of the NCLT and NCLAT ...

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Supreme Court Partly Allows Appeal of Claimants in Motor Accident Case — Enhances Compensation by Including Prepaid License Fee in Deceased's Income. Income Tax Return Held as Primary Evidence for Determining Annual Income; Depreciation Not Considered as Income.

The appellants, heirs of Aranganathan who died in a motor accident on 25 May 2001, filed a claim under Section 166 of the Motor Vehicles Act, 1988 bef...

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Bombay High Court Acquits Parents-in-Law in Dowry Death Case Due to Lack of Evidence of Abetment to Suicide. Demand for Rs.20,000 for Jeep Loan Not Sufficient to Prove Instigation or Cruelty Under Sections 306 and 498-A IPC.

The case pertains to the death of Alkabai, who was married to Ravsaheb Patil (appellant no.1, since deceased). After about a year of marriage, the hus...

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Bombay High Court Rejects Second Bail Application in Economic Offence Case Due to No Change in Circumstances. Applicant's Role as Director in Fraudulent Transactions Upheld; Gravity of Offence Precludes Bail.

The applicant, Waryam Singh Kartar Singh, filed a second bail application under Section 439 of the Code of Criminal Procedure, 1973, in connection wit...