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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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Bombay High Court Dismisses PIL Challenging Award of Quality Audit Contract Without Tenders. Quality Audit of Roads Held Not Covered Under Section 72 of Mumbai Municipal Corporation Act, 1888, as It Is a Professional Service, Not Execution of Work or Supply of Goods.

The petitioner, Niyaz Ahmed Vanu, filed a Public Interest Litigation challenging the award of a contract by the Municipal Corporation of Greater Mumba...

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Bombay High Court Quashes Circular Issued by Registrar of Cooperative Societies for Test Audit Without State Government Approval. Registrar Lacks Authority Under Section 81(3)(c) of Maharashtra Cooperative Societies Act, 1960 to Issue Such Directions.

The petitioner, Maharashtra State Cooperative Patsanstha Federation Ltd., a federation of cooperative credit societies registered under the Maharashtr...

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High Court Allows Writ Petition by Cooperative Society Against Ministerial Order Halting Inquiry Under Maharashtra Cooperative Societies Act - Restores Statutory Inquiry into Financial Irregularities by Former Directors

The High Court allowed a writ petition filed by Petitioner challenging an order passed by the Minister for Cooperation that halted a statutory inquiry...

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Revision Against Auditor’s Re-Audit Report Not Maintainable Under Section 154 of Maharashtra Co-operative Societies Act, 1960. Auditor’s Findings in Re-Audit Report Do Not Constitute a ‘Decision’ or ‘Order’ – Administrative Orders Not Revisable Under Section 154

MCS Act: Section 81 – Deals with audit, test audit, re-audit, and submission of specific and special reports by auditors. MCS Act: Section 154 �...

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Supreme Court Dismisses Challenge to NLSIU's Separate Admission Test NLAT — Upholds University's Autonomy in Admission Process. NLSIU's decision to conduct its own entrance exam for 2020-21, deviating from CLAT, was held to be within its statutory powers under the NLSIU Act, 1986, and not arbitrary.

The judgment arises from a public interest writ petition filed under Article 32 of the Constitution of India by Rakesh Kumar Agarwalla, father of a st...