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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 Quashes FIR Against Bank Officials and BGR Energy Executives in Bank Guarantee Dispute -- No Criminal Intent Found in Commercial Transaction Under IPC Sections 420, 403, 406, 418, 425, 427 read with 34

The High Court quashed an FIR registered against bank officials and company executives alleging criminal offences in connection with bank guarantee tr...

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High Court Dismisses Writ Appeals by Appellant Challenging Land Acquisition for APMC Mega Market -- Acquisition Upheld Under Land Acquisition Act, 1894 and Karnataka Amendment Act 33/1991

Appellant filed writ appeals against the dismissal of its writ petitions challenging land acquisition for an APMC Mega Market. The Trust owned lands i...

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Supreme Court Dismisses Appeals Against Air Force School Not Being 'State' Under Article 12. Writ Jurisdiction Under Article 226 Not Available Against Air Force School Managed by Non-Government Society Funded by Non-Public Funds.

The Supreme Court dismissed two civil appeals challenging the judgment of the Allahabad High Court which held that the Air Force School, Bamrauli, is ...

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Supreme Court Allows Appeal in Commercial Suit for Non-Compliance with Mandatory Pre-Institution Mediation Under Section 12A of Commercial Courts Act, 2015. Suit Filed Without Exhausting Mediation Is Not Maintainable and Plaint Liable for Rejection Under Order VII Rule 11(d) CPC.

The Supreme Court allowed the appeal filed by M/s Dhanbad Fuels Private Limited against the Union of India and another, setting aside the judgment of ...