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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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Supreme Court Dismisses Appeals in Arbitration Act Case Regarding Foreign Award Enforcement. Non-Signatory Parties Not Bound by Arbitration Agreement Under Alter Ego Doctrine for Enforcement Under Part II of Arbitration and Conciliation Act, 1996.

The Supreme Court of India heard civil appeals concerning the recognition and enforcement of foreign awards under Part II of the Arbitration and Conci...

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GST on Advances for Future Supplies: Examining Constitutional Validity. Evaluating GST's application to unutilized advances and its constitutionality.

The L&T IHI Consortium, a collaboration between Larsen & Toubro Ltd. (L&T) and IHI Infrastructure Systems Co. Ltd., Japan, challenged the ...

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Bombay High Court Holds Court Fee on Appeal Under Section 37 of Arbitration Act Payable Under Article 4 of Schedule I of Maharashtra Court Fees Act. Appeal from order under Section 34 is treated as appeal from decree, requiring ad valorem court fee on subject matter value.

The appellant, Rishabhkumar Jejani, filed an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, challenging an order dated 28.08.2...

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Bombay High Court Allows Decree-Holder's Execution Against Pendente Lite Purchaser in Possession Suit. Held that a purchaser pendente lite is bound by the decree and can be dispossessed in execution under Order 21 Rule 35 CPC without a separate suit.

The petitioner, Kashinath Ramji Shinde (since deceased, represented by legal heirs), filed a suit in 1987 seeking possession, declaration, and mesne p...

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High Court of Karnataka Allows Transfer of Matrimonial Case from Bengaluru to Gadag on Grounds of Wife's Convenience Under Section 24 CPC. The court overruled maintainability objection and held that the Dharwad Bench has jurisdiction to transfer cases from any district in Karnataka.

The petitioner, Shivaleela Bellad, filed a transfer petition under Section 24 of the Code of Civil Procedure, 1908 (CPC) seeking transfer of M.C. No. ...