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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

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Supreme Court Disposes of PIL Challenging Interest Accrual During COVID-19 Moratorium After Government Announces Relief Measures. Petitioner expressed satisfaction with government's decision to waive interest on specified loan categories up to Rs.2 Crores.

The petitioner, Gajendra Sharma, filed a writ petition under Article 32 of the Constitution challenging the Reserve Bank of India's notification dated...

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Supreme Court Acquits Husband in Murder Case Due to Incomplete Circumstantial Evidence and Unreliable Witness. Conviction under Section 302 IPC Reversed as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt Despite Death in Matrimonial Home.

The Supreme Court allowed the appeal of Jayantilal Verma, who was convicted under Section 302 IPC for the murder of his wife, Sahodara Bai. The incide...

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Supreme Court Upholds SAT Order Setting Aside SEBI Ex-Parte Interim Order in Insider Trading Case Due to Lack of Urgency. Tribunal's observation on SEBI's power to order pre-adjudication disgorgement held not to be a precedent.

The Supreme Court disposed of two statutory appeals filed by the Securities and Exchange Board of India (SEBI) under Section 15Z of the SEBI Act, 1992...

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Supreme Court Dismisses Appeal of NTPC Ltd. Regarding Classification of Claim in Information Memorandum Under IBC. Claim Pending Arbitration Correctly Classified as Other Creditor Claim, Not Operational Creditor Claim.

The Supreme Court disposed of a civil appeal filed by NTPC Ltd. (Simhadri Project) against Rajiv Chakraborty, the Resolution Professional. The limited...

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Supreme Court Quashes Blacklisting Order in Contract Termination Case — Lack of Specific Notice Violates Natural Justice. Blacklisting Without Mention in Show Cause Notice Is Impermissible and Without Jurisdiction Under Principles of Natural Justice.

The Supreme Court allowed the appeal filed by UMC Technologies Private Limited against the order of the High Court of Madhya Pradesh, which had upheld...

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Supreme Court Bans Unauthorized Disinfection Tunnels on Humans in COVID-19 Public Interest Litigation. Right to Health Under Article 21 Violated by Spraying of Disinfectants Without Ministry Approval.

The writ petition was filed in public interest under Article 32 of the Constitution of India seeking a ban on spraying of all kinds of disinfectants o...

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Supreme Court Allows Appeal in Pension Dispute: Patna High Court Had Territorial Jurisdiction to Entertain Writ Petition Challenging Stoppage of Pension. Part of Cause of Action Arose Where Pension Was Received and Stopped, Not Where Employment Was Served.

The appeal arose from a judgment of the Patna High Court dismissing a Letters Patent Appeal against a Single Judge's order that had dismissed a writ p...