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Bombay High Court Considers Challenge to SBI Mutual Fund Merger and Directs SEBI Impleadment to Assess Regulatory Compliance. Court Examines Maintainability Under Article 226 and the Validity of Merger Based on Prevailing NAV Without Investor Meeting in Light of SEBI (Mutual Funds) Regulations, 1996.

The Petitioner, appearing in person, filed a writ petition under Article 226 of the Constitution challenging the merger of the SBI One India Fund with...

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Special Court at Bombay Delivers Judgment in Securities Fraud Case — Accused Face Charges Under IPC and Prevention of Corruption Act for Cheating, Forgery, and Criminal Conspiracy

This criminal case arises from the 1992 securities scam, which severely impacted India's economy. The prosecution alleged that multiple accused person...

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WRIT PETITION NO.2457 OF 2012

The Bombay High Court was seized with four writ petitions filed by various trade unions representing aircraft engineers, technical staff, and technici...

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Supreme Court Upholds Death Sentence of 26/11 Terrorist in Mumbai Attacks Case. Court Dismisses State's Appeal Against Acquittal of Co-Accused Due to Insufficient Evidence, Finding No Perversity in Trial Court's Decision.

The Supreme Court dealt with appeals arising from the 26/11 Mumbai terror attacks. The appellant, Mohammed Ajmal Kasab, a Pakistani national, was conv...