Search Results for "disproportionate gain"

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Bombay High Court Dismisses PIL Against Politician for Alleged Disproportionate Assets — No Prima Facie Case Made Out. Petitioner failed to provide credible material to justify investigation under Prevention of Corruption Act, 1988.

The petitioner, an RTI activist, filed a PIL in the Bombay High Court alleging that respondent 9, a politician and former Home Minister of Maharashtra...

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Bombay High Court Upholds Reduction of Penalty in Disciplinary Proceeding for Pay Fixation Misconduct — Proportionality of Punishment Upheld. Court held that while misconduct was established, removal was disproportionate and Appellate Authority's modification to reduction to lowest scale was justified.

The petitioner, Rajesh Ashok Mankar, was employed as a Computer Operator with Konkan Railway Corporation Limited (KRCL). He was initially appointed on...

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Gujarat High Court Allows Discharge of Accused in CBI Disproportionate Assets Case for Lack of Prima Facie Evidence of Abetment. Cousin of Main Accused Cannot Be Charged Under Section 109 IPC Without Specific Allegations of Instigation or Conspiracy.

The High Court of Gujarat at Ahmedabad, presided over by Justice Hasmukh D. Suthar, allowed a criminal revision application filed by Ajeetkumar S/o Ra...

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High Court of Bombay at Nagpur Quashes Dismissal of Bank Manager in Disciplinary Proceeding — Penalty Disproportionate to Misconduct Where No Loss Caused to Bank. Employer Must Consider Nature and Gravity of Charges and Unblemished Service Record Before Imposing Major Penalty.

The petitioner, Kishor Gopichand Ukey, was a Manager with the Central Bank of India. He was served with a charge-sheet containing eight charges in a d...

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Madras High Court Upholds Dismissal of Bank Manager in Loan Misconduct Case. Disciplinary Action for Violating Service Regulations and Causing Financial Loss to Bank Justifies Removal from Service.

The case involves a Writ Appeal filed by the Tamil Nadu Grama Bank (formerly Pandyan Grama Bank) against an order of a Single Judge of the Madras High...

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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 ...