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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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High Court of Karnataka Hears Writ Petitions Challenging Removal of Municipal Councillors and Appointment of Administrator. Petitioners Allege Violation of Natural Justice and Non-Compliance with Section 41 of Karnataka Municipalities Act, 1964 in Removal Orders.

The matter comprised two writ petitions. W.P. No. 101601/2025 was filed by elected councillors of Gadag-Betageri City Municipal Council challenging th...

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Supreme Court Clarifies Scope of Merger Control Disclosure Obligations and Limits of CCI's Powers After Approval. The Court Emphasizes That CCI's Authority Must Be Traced to the Act and That Disclosure Must Present the Transaction in Substance.

The case arises from an appeal under Section 53T of the Competition Act, 2002, filed by Amazon.com NV Investment Holdings LLC before the Supreme Court...