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Bombay High Court Allows Petition Challenging Cooperative Society Bye-Law Amendment for Lack of Quorum and Procedural Irregularities. Amendment to Bye-Law 24(c) restricting voting rights to one member per family set aside as resolution passed without requisite quorum and without proper notice.

The petitioners, Uday Dalal, Ajay Biyani, Rina Pritish Nandy, and Prachi Agarwal, are members of the Malboro House Coop. Housing Society Limited, a co...

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Karnataka High Court Dismisses Writ Petition Challenging Election of Director in Co-operative Society Due to Lack of Locus Standi. Non-Member of Society Cannot Challenge Election Under Karnataka Co-operative Societies Act, 1959.

The petitioner, Ms. Roopa M, filed a writ petition under Articles 226 and 227 of the Constitution of India challenging an order dated 13.04.2023 passe...

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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

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Bombay High Court Dismisses Petition Challenging Arbitration Award in Property Dispute. Court upholds award based on settlement agreement and finds no grounds for interference under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, Suratsingh Chaudhary, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitration award...