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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 Allows Appeal for Enhanced Compensation in Motor Accident Case — Prosthetic Limb Compensation Mandated for Amputee Driver. Life Expectancy of 70 Years and 5% Annual Inflation Applied for Prosthetic Limb Replacement Costs Under Section 168 of Motor Vehicles Act, 1988.

The appellant, a 32-year-old driver, suffered a severe accident on 02.05.2007 when a Haryana Roadways bus dashed into his motorcycle from behind, resu...

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Gujarat High Court Allows Appeal and Enhances Compensation for Paralyzed Cleaner in Motor Accident Case — Future Prospects and Attendant Charges Considered. Claimant with 100% permanent disability awarded Rs.23,88,200/- under Motor Vehicles Act, 1988.

The appellant, a 20-year-old cleaner, sustained severe spinal cord injuries in a truck accident on 23.08.2006, resulting in permanent paralysis and 10...

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Bombay High Court Allows Appeal for Enhanced Compensation in Motor Accident Injury Claim — Tribunal's Award of Rs.15 Lakhs Enhanced to Rs.27 Lakhs for 70% Disabled Mechanical Engineer. Loss of Earning Capacity Reassessed with 50% Future Prospects and Multiplier of 14 Under Motor Vehicles Act, 1988.

The appellant, Pratap Dandapani Padhi, a 43-year-old Mechanical Engineer working as a Foreman at Sunflag Iron & Steel Company Limited with a monthly s...

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Supreme Court Validates Sub-Classification of Scheduled Castes in Landmark Judgment. Upholding Equality Within Equality: Supreme Court Endorses State's Power to Sub-Classify Scheduled Castes for Targeted Reservation.

The Supreme Court of India, in a significant ruling, has upheld the constitutionality of sub-classifying Scheduled Castes for the purpose of reservati...

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Bombay High Court Dismisses State Appeal Against Acquittal in Electricity Theft Case Due to Lack of Evidence. Theft of Energy Allegation Fails as Prosecution Did Not Prove Tampering or Unauthorized Use Beyond Reasonable Doubt Under Sections 39 and 44 of the Indian Electricity Act, 1910.

The State of Maharashtra appealed against the acquittal of Girish Shankarlal Ostawal and Dilip Shankarlal Ostawal by the Judicial Magistrate First Cla...