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Supreme Court Refers Matter to Chief Justice on Advocates' Misconduct in Vexatious SLP Filing. Advocates Filed Second SLP with Incorrect Statements After Dismissal of First, Tendered Unconditional Apology, Leading to Divergent Judicial Opinions Under Supreme Court Rules, 2013.

The Supreme Court was confronted with a case involving misconduct by advocates in filing a vexatious special leave petition. The petitioner, convicted...

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Supreme Court Clarifies SEBI's Jurisdiction in Investor Compensation Claims Under Securities Law. SEBI Lacks Power to Award Direct Compensation but Can Order Disgorgement of Ill-Gotten Gains for Restitution Under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992.

The dispute originated in 2005 when the Securities and Exchange Board of India (SEBI) issued a show-cause notice to M/s. Vital Communications Limited ...