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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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WRIT PETITION NO. 3748 OF 2011

The dispute concerns allocation of natural gas from the KG D6 fields in the Krishna-Godavari Basin, where a significant reduction in production occurr...

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High Court Rules on Reference Scope in Silver Confiscation Case Under Customs Act. Reference Question Limited to Silver Confiscated Under Section 120(2), Not Entire Seized Quantity.

The matter arose from a reference made by the Customs, Excise and Gold (Control) Appellate Tribunal (CEGAT) to the High Court of Bombay under Section ...

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Bombay High Court Admits and Finally Disposes of Writ Petition Challenging RBI Circulars on Gold Import. Court Hears Arguments on Validity of Circulars Issued Under FEMA and Related Trade Policy.

The petitioners, a bullion dealing company and its directors, filed a writ petition under Article 226 of the Constitution seeking to quash RBI Circula...

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Bombay High Court Quashes Pre-Qualification Criteria in Mining Tender for Being Arbitrary and Unreasonable. Condition requiring prior experience in coal washery operation within a specified region held to be discriminatory and violative of Article 14 of the Constitution.

The petitioner, Bhatia Coal Washeries Ltd., challenged the pre-qualification criteria of Tender No. MSMC/MINING/2019/07 dated 16-8-2019 issued by the ...

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High Court Allows Appeal in ESI Act Case, Holds Medicine Storage in Refrigerator Not Manufacturing Process. Trader Not Liable Under ESI Act for Cold Storage of Medicines

The Appellant, Madhu Malti Enterprises, a medicine distributor, appealed against an ESI Court order holding that storing medicines in a refrigerator c...