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Supreme Court Dismisses Appeal, Discharges Ex-CMD in Fraud Case Involving Electrotherm (India) Ltd. Supreme Court finds insufficient evidence against ex-CMD in Rs. 436 crore loan fraud; dismisses CBI's appeal while observing that suspicion alone does not justify charges.

The Supreme Court upheld the discharge of the former Chairman and Managing Director (CMD) of Central Bank of India (Accused No. 7) in a case involving...

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Suspension of Resolution Professional Confirmed by Bombay High Court. Bombay High Court dismisses the writ petition challenging the suspension of Resolution Professional’s registration for failure to perform duties as per IBC regulations.

The High Court of Bombay upheld the decision of the Disciplinary Committee of the Insolvency and Bankruptcy Board of India (IBBI) to suspend the petit...

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Bail Granted on Grounds of Long Incarceration with Stringent Conditions. High Court Grants Bail After Considering Delay in Trial and Applicant's Young Age

The High Court granted bail to the applicant, considering the long period of incarceration without substantial progress in the trial. Despite oppositi...

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Supreme Court Clarifies Deduction of Broken Period Interest for Banks Treating Securities as Stock-in-TradeDeduction Allowed as Revenue Expenditure for Banks Holding Securities as Stock-in-Trade

The Supreme Court addressed the treatment of broken period interest for tax purposes. The issue centered on whether broken period interest could be de...

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High Court Allows Transfer of Criminal Case and Restores Dismissed Domestic Violence Application to Ensure Justice for Applicant Facing Financial Hardship Relief granted under Section 407 of Cr.P.C. to avoid multiplicity of proceedings and ensure the applicant receives due maintenance.

  Date of Hearing: The case was heard on October 16, 2024, by the High Court with Ms. Musale representing the applicant and Ms. Phad represen...

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"Illegal Activities in the Basement of Nirman Arcade: Bombay High Court Directs Cantonment Board and PCMC to Act" "Judicial Intervention to Uphold Legal Compliance and Accountability in Cantonment Areas"

The Bombay High Court ruled on a petition by Hitendra Singh R Chopra against the illegal and unauthorized use of the basement of Nirman Arcade in Dehu...

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Eviction Decree Confirmed for Change of Premises Use. High Court upheld the eviction of tenants for breaching terms under Section 108(o) of the Transfer of Property Act by using commercial premises for residential purposes.

The Bombay High Court upheld an eviction decree initially passed by the Trial Court and confirmed by the Appellate Court. The eviction was based on th...

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Employees Win Relief Against Post-Retirement Recovery of Alleged Overpayments. Bombay High Court halts post-retirement recovery efforts, citing lack of employee fault and absence of relevant undertakings.

The High Court ruled in favor of retired Zilla Parishad employees, halting recoveries for alleged excess payments due to revised pay scales. The Court...

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Supreme Court Dismisses Review Petition Against Bail Cancellation, Upholds Earlier Judgment The Supreme Court reiterates well-settled jurisprudence on the cancellation of bail, dismisses the review petition citing no significant change in circumstances.

The Supreme Court dismissed the review petition filed by the petitioner seeking a review of its earlier decision dated 28.08.2024, which had set aside...