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Supreme Court Adjudicates Appeals by Sahara Companies on SEBI's Regulatory Powers Over OFCDs. Case centers on Section 55A(b) Companies Act and compliance with DIP Guidelines for issuance of optionally fully convertible debentures.

The case involved two Sahara Group companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited ...

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High Court of Karnataka Hears Writ Petition on Removal from TPE Caution List: Alleged Violation of Natural Justice and Procedural Guidelines. Court Reserves Orders after Considering Petitioner's Grievance Regarding Inclusion in Caution List Without Proper Forum Evaluation.

The petitioner, a chartered engineer and government-approved valuer, filed a writ petition under Articles 226 and 227 of the Constitution of India see...

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Supreme Court Allows Appeals by University and Colleges in Assistant Professor Recruitment Dispute — UGC Regulation 10 Applicable for Awarding Marks for Teaching Experience Under Table 3A.

The Supreme Court of India allowed the appeals filed by Allahabad University and its affiliated colleges against the judgment of the Allahabad High Co...

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Bombay High Court Dismisses Petition Challenging MPSC Selection Process for Deputy Director, Town Planning. Petitioner's claim of eligibility based on experience as Assistant Director rejected as advertisement required specific post of Deputy Director experience.

The petitioner, Vijay Babarao Shende, a Scheduled Caste candidate, was initially appointed as Assistant Town Planner in 1993 and later as Town Planner...

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Bombay High Court Allows Section 9 Petition for Interim Relief and Appoints Sole Arbitrator in Waste Management Contract Dispute — Petitioner Granted Protection Against Termination and Bank Guarantee Invocation Pending Arbitration.

The petitioner, PMP Infratech Pvt Ltd, an AA Class Government Registered Civil Contractor, was engaged by the respondent, Bharat Petro Resources Ltd (...

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Bombay High Court Dismisses Writ Petition Challenging Tender Award in Public Procurement Contract. Court holds that the decision of the employer to accept a bid with minor deviations is not arbitrary or mala fide and does not warrant interference under Article 226 of the Constitution of India.

The petitioner, Cyfuture India Private Limited, filed a writ petition under Article 226 of the Constitution of India challenging the decision of respo...

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Bombay High Court Dismisses MPSC and State Petitions Challenging MAT Order on Shortlisting Criteria for Director of Health Services. Recruitment Rules Mandate Consideration of All Eligible Candidates, Not Shortlisting.

The case involves a challenge by the Maharashtra Public Service Commission (MPSC) and the State of Maharashtra against an order of the Maharashtra Adm...

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Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...

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Bombay High Court Dismisses Petition of Professors Challenging Exclusion from Director Selection Process in Autonomous College. Internal Candidates Not Entitled to Be Considered if They Do Not Meet Qualifications Prescribed by Board of Governors Under Autonomous Status.

The petitioners, Prof. Bandu Baburao Meshram and Prof. Abhay Bambole, were professors at Veermata Jijabai Technological Institute (VJTI), an autonomou...