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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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Bombay High Court Dismisses Employer's Challenge to Workman Status in Industrial Dispute. Tribunal's finding that employee was a 'workman' under Section 2(s) of the Industrial Disputes Act, 1947 upheld as not perverse.

The petitioner, M/s. Procter and Gamble Health Limited (formerly Merck Ltd.), challenged an award dated 28.02.2020 passed by the Industrial Tribunal a...

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Bombay High Court Allows Petition by Bajaj Electricals Ltd, Upholds Closure of Diecasting Division as Genuine. Industrial Court's finding of functional integrality between diecasting and fan divisions reversed; closure held valid under Section 25O of Industrial Disputes Act, 1947.

The Petitioner, Bajaj Electricals Limited, had a factory at Chakan, Pune, comprising two divisions: a diecasting division and a fan division. The diec...

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High Court of Karnataka Allows Writ Petition for Leave Encashment Benefit to Retired Bank Employee — Tribunal's Denial of Leave Encashment Set Aside as Unjustified. Reinstated Workman Entitled to Leave Encashment for Period of Forced Absence Under Industrial Disputes Act, 1947.

The petitioner, H.C. Jayaprakash, was a clerk employed by Vijaya Bank. He was removed from service on 27.09.2001. A dispute was referred to the Centra...

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Bombay High Court Dismisses Injunction Application Against Film Release in Copyright Infringement and Breach of Confidence Dispute. No Prima Facie Case of Substantial Similarity Between Plaintiff's Script and Final Film Established.

The plaintiffs, Narendra Mohan Singh (proprietor of Sanjay Singh Films) and Manish Jha, filed a suit seeking an injunction against the release of the ...

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Bombay High Court Dismisses Landlord's Petition Challenging Remand Order in Rent Control Matter. Landlord Held Ineligible for Permission Under Clause 13(3)(vi) of C.P. and Berar Letting of Premises and Rent Control Order, 1949 Due to Availability of Other Suitable Accommodation.

The petitioner, Purushottam Ramlal Shukla, is the landlord of premises at Dharampeth, Nagpur, comprising two rooms admeasuring 22 ft. x 33 ft. let out...