Search Results for "Asset Disclosure"

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High Court of Karnataka Quashes Information Commission Order in RTI Case — Petitioner Not a Third Party Under Section 11 of RTI Act. Personal Information of Public Servant Sought Cannot Be Denied Under Section 8(1)(j) Without Showing Larger Public Interest.

The petitioner, Smt. S. Savithramma, filed a writ petition under Articles 226 and 227 of the Constitution of India before the High Court of Karnataka ...

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Bombay High Court Dismisses Writ Petition Challenging SARFAESI Proceedings Against Legal Heirs of Borrower. Court Holds That Legal Heirs Are Bound by Mortgage and Cannot Challenge Section 13(2) Notice After Delay and Without Availing Alternative Remedy Under Section 17 of SARFAESI Act.

The petitioners, legal heirs of Smt. Sudha Avdhut Patil, filed a writ petition challenging the proceedings initiated by the Central Bank of India unde...

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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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Supreme Court Upholds Karikho Kri's Election in Arunachal Pradesh: Non-Disclosure of Assets Not Grounds for Invalidating Election. Supreme Court reverses High Court ruling, finds no substantial defect or corrupt practice in Karikho Kri's election despite asset non-disclosures.

The Supreme Court of India set aside a High Court ruling that had declared the election of Karikho Kri void due to non-disclosure of certain assets an...

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Supreme Court Allows Appellant in SEBI PFUTP Regulations Case Due to Non-Disclosure of Investigation Report. The Court Held That the Investigation Report Under Regulation 9 Must Be Disclosed to Ensure a Fair Hearing Under Principles of Natural Justice, as It Forms the Basis for the Show Cause Notice.

The dispute arose from a show cause notice issued by SEBI to the appellant, alleging violations of the SEBI (Prohibition of Fraudulent and Unfair Trad...

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Bombay High Court Dismisses Bank's Revision Against Trial Court's Jurisdiction Ruling in SARFAESI Act Suit. Civil Court Has Jurisdiction to Entertain Suit for Permanent Injunction Against Re-auction of Mortgaged Property Despite SARFAESI Act Provisions.

The respondent, original plaintiff, filed Regular Civil Suit No.1756 of 2014 seeking a permanent injunction restraining the applicant bank from re-auc...