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Supreme Court Reinstates Dismissal of Bank Employee in Industrial Disputes Case Due to Fraudulent Misappropriation. Tribunal's Interference Under Section 11A of Industrial Disputes Act, 1947 Held Unjustified as Punishment Was Not Shockingly Disproportionate Given Serious Nature of Fraud.

The dispute arose from the dismissal of a bank employee for fraudulent misappropriation of funds. The respondent employee, a Clerk-cum-Typist, was sus...

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Supreme Court Sets Aside High Court Order for Release of Secured Asset on Partial Payment Under SARFAESI Act. The court held that Section 13(8) of the SARFAESI Act, 2002 requires full payment of dues for redemption, and partial payment does not entitle the borrower to reclaim the property.

The dispute arose between a bank, as secured creditor, and a borrower over the enforcement of security interest under the Securitisation and Reconstru...

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Supreme Court Allows Appeal in Motor Accident Claim Case Due to Erroneous Multiplier Application. Compensation Enhanced as Multiplier Must Be Based on Age of Deceased, Not Split Methodology, Under Motor Vehicles Act, 1988.

The legal heirs of deceased V. Rajasekaran appealed against a compensation order by the High Court of Judicature at Madras dated 7.11.2017, which gran...