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High Court of Karnataka Upholds Injunction Against Former Employee for Defamatory Social Media Posts — Balance of Convenience Favors Plaintiff Company. Former Employee Restrained from Making Defamatory Statements Against Employer on Social Media Under Order 39 Rules 1 and 2 CPC.

The appellant, Mr. Arnaud Descamps, a former employee of OnMobile Global Limited (respondent), was employed from 09.01.2007 to 12.04.2013. The respond...

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Bombay High Court Dismisses Petition Seeking Personal Hearing for Exemption Under SEBI Employee Benefits Regulations. SEBI Not Obliged to Grant Oral Hearing When Considering Exemption Application Under Regulation 9 of SEBI (Share Based Employee Benefits) Regulations, 2014.

The petitioner, JK Paper Limited, a public limited company, filed an exemption application under the Securities and Exchange Board of India (Share Bas...

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Bombay High Court Dismisses Petition Challenging Termination of Managing Director by ICICI Bank. Court upholds termination based on adverse enquiry report and RBI approval, rejecting challenge to communication of approval.

The petitioner, Chanda Deepak Kochhar, was the Managing Director and CEO of ICICI Bank. She joined the bank in 1984 and held various positions until h...

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Bombay High Court Dismisses Winding-Up Petition as Foreign Company Failed to Comply with Registration Requirements Under Sections 592 and 599 of Companies Act, 1956. Petitioner, a foreign company with a place of business in India, cannot maintain a winding-up petition without registering under the Act.

The petitioner, Willis Europe B.V., a company incorporated under the laws of the Netherlands with its principal place of business in the United Kingdo...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Trading Dispute — No Grounds Under Section 34 of Arbitration Act Established. Court upholds award holding petitioner liable for unauthorized trades and failure to prove respondent's instructions.

The petitioner, Sytematix Shares & Stocks (India) Ltd., a stockbroker, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996...