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Supreme Court Dismisses CBI Appeals in Cotton MSP Scam Case — No Prima Facie Case for Cheating or Conspiracy Against Accused Farmers. CCI's Own Letter Confirmed No Loss Was Caused, and Purchases Were Made as Per MSP Guidelines.

The Supreme Court dismissed the appeals filed by the CBI against the common order of the High Court of Andhra Pradesh, which had upheld the discharge ...

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Bombay High Court Dismisses Royal Traders' Plea for Waiver in SARFAESI Act Appeal. The court reinforces the necessity of pre-deposit compliance under Section 18(1) of the SARFAESI Act and dismisses petitions seeking waiver.

The judgment clarifies the scope of Section 18(1) of the SARFAESI Act, 2002, particularly the conditions for pre-deposit waivers by borrowers appealin...

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High Court Validates DRAT Order for Pre-Deposit Calculation in Secured Asset Auction Dispute. Pre-deposit determination upheld as per SARFAESI Act, focusing on "debt due" over auction value.

The Bombay High Court upheld the DRAT's order mandating a pre-deposit based on "debt due" when the measures under Section 13(4) of the SARFAESI Act we...

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Questioning the Legitimacy of a Disciplinary Dismissal. An insightful exploration of fairness, evidence evaluation, and labor law application in employment termination.

The Bombay High Court dismissed the petition by Bank of Baroda challenging the Central Government Industrial Tribunal's (CGIT) awards, which declared ...

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"High Court Judgment: Resolving Tenancy Disputes in the Prestigious HSBC Building Case" "A detailed scrutiny of legal rights, tenancy protections, and procedural compliance in a landmark case."

The tenancy dispute between The Hong Kong & Shanghai Banking Corporation Ltd. (HSBC) and the Maharashtra State Electricity Board (MSEB) regarding ...

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Upholding Procedural Validity in SARFAESI Proceedings. "Reaffirming the ministerial role of courts under Section 14 of the SARFAESI Act."

The Bombay High Court, examined procedural aspects under the SARFAESI Act concerning the non-compliance with the requirements of Section 13(2) and Sec...

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Judicial Scrutiny of RBI's Supersession of Abhyudaya Co-operative Bank's Board. Balance between Constitutional mandates and banking regulations reaffirmed.

The Bombay High Court assessed the legality of the Reserve Bank of India's (RBI) supersession of the Board of Directors of Abhyudaya Co-operative Bank...

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Non-Executive Woman Director Quits “Willful Defaulter” Tag for Lack of Notice: Natural Justice Prevails High Court quashes declaration of "willful defaulter" against Non-Executive Woman Director citing violation of natural justice.

1. Introduction (Paras 1-3) The Petitioner, a Non-Executive Woman Director of PSL Limited, challenged a letter dated 16 July 2018 that declared her a...

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HDFC Bank Cleared of Criminal Charges: FIR Quashed by Supreme Court. Supreme Court rules in favor of HDFC Bank, quashing FIR related to alleged violations of prohibitory orders concerning a bank locker.

The Supreme Court set aside a 2022 judgment from the Patna High Court and quashed an FIR filed against HDFC Bank and its officials. The FIR had allege...

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Supreme Court Upholds High Court Order: IDBI Bank's Cancellation of Auction Sale Declared Invalid. Appellant-Bank cannot withhold the sale certificate without proper justification; the auction purchaser's non-deposit of balance sale consideration not considered default.

The Supreme Court dismissed IDBI Bank's appeals, holding that the bank was unjustified in canceling the auction sale of a property in Bogaram village,...