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Supreme Court Directs Honouring of F&O Contracts and Conversion of Mutual Funds in SEBI vs IL&FS Securities Services Ltd. Interim orders passed to protect interests of parties pending final adjudication.

The Supreme Court heard appeals concerning interim directions in a matter involving the Securities and Exchange Board of India (SEBI) and IL&FS Securi...

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Supreme Court Upholds Pro-rata Pension for Voluntary Retiree Under Bank's Voluntary Retirement Scheme. Employee with 11 years of service and over 40 years of age held eligible for pension under Regulation 14 of Central Bank of India (Employees') Pension Regulations, 1995.

The case involves an appeal by the Central Bank of India against a judgment of the Rajasthan High Court which allowed the writ petition of the respond...

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Supreme Court Partially Allows Appeal in Insurance Company Service Dispute — No Work No Pay Principle Applied for Period After Punishment Order. Setting Aside of Termination Order Does Not Automatically Entitle Employee to Back Wages; Employee Must Show Willingness to Work.

The Supreme Court considered an appeal by United India Insurance Company against a High Court order directing payment of salary to the respondent, Sir...

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Supreme Court Partially Allows Appeal in Insurance Company Service Dispute — No Work No Pay Principle Applied for Period After Punishment Order. Employee Not Entitled to Salary for Period of Unauthorised Absence Despite Subsequent Quashing of Termination Order.

The Supreme Court considered an appeal by the Chief Regional Manager, United India Insurance Company Limited against a judgment of the Allahabad High ...

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Supreme Court Dismisses Appeal of Bank Manager Seeking Discharge for Want of Sanction Under Section 197 CrPC in Forgery Case. Act of Forgery by Public Servant Cannot Be Considered an Act Done in Discharge of Official Duty.

The Supreme Court dismissed an appeal filed by S.K. Miglani, a former Branch Manager of Bank of Baroda, Faridabad, challenging the Delhi High Court's ...

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Supreme Court Restores Acquittal in Cheque Dishonour Case Due to Complainant's Failure to Prove Debt. High Court's Reversal Set Aside as Trial Court's Findings on Rebuttal of Presumption Were Plausible and Not Perverse.

The Supreme Court allowed the appeal filed by Rohitbhai Jivanlal Patel against the judgment of the Gujarat High Court, which had reversed his acquitta...