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Supreme Court Allows Tax Classification Appeal -- 'Appellants Product' Held as Fruit Drink Under UPVAT Act -- Appellants Succeeds Against Commercial Tax Commissioner

The Supreme Court allowed appeals filed by Appellants challenging the classification of their product under the Uttar Pradesh Value Added Tax Act, 200...

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Supreme Court Dismisses Union of India's Appeal in 2G Spectrum Case -- Clarifies Reserve Price Payment Timeline Under Supreme Court Orders -- TDSAT Order Upheld with Corrected Interpretation

The Supreme Court addressed an appeal by the Union of India against a TDSAT order regarding payment of reserve price by Sistema Shyam Teleservices Lim...

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Supreme Court Clarifies SEBI's Jurisdiction in Investor Compensation Claims Under Securities Law. SEBI Lacks Power to Award Direct Compensation but Can Order Disgorgement of Ill-Gotten Gains for Restitution Under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992.

The dispute originated in 2005 when the Securities and Exchange Board of India (SEBI) issued a show-cause notice to M/s. Vital Communications Limited ...

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Supreme Court Upholds Rajasthan Electricity Regulatory Commission’s 2016 Open Access Regulations. Balancing Grid Stability and Consumer Rights Under the Electricity Act, 2003

Jurisdiction of RERC – Whether RERC could regulate inter-state open access under the Electricity Act, 2003. Held: Yes, as the Act empowers State ...

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Competing Open Offers Under SEBI Regulations – Date of Public Announcement and Exemption Consideration. Supreme Court Examined the Legality of Open Offer Announcement Date and Exemption Request under SEBI Regulations, 2011.

Deposit Condition – The appellant was directed to deposit ₹600 crores in an escrow account by 12.02.2025; failure to do so would automatically vac...

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Commercial Arbitration Dispute over Development Project Rights. A Dispute on Termination of Development Agreement Leads to Contentious Arbitration and Interim Relief Orders.

In the case under Section 37 of the Arbitration and Conciliation Act, 1996, the Bombay High Court addressed a challenge to an interim relief order pa...

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"Bombay High Court: Delay in Addressing Petitioner’s Grievance Redressed, Liberty Granted for Further Challenge" "Compliance with judicial directions is paramount; Petitioner’s representation addressed, merits kept open for adjudication."

The Bombay High Court addressed the grievance of a petitioner whose representation to Respondent No.2 had not been disposed of despite prior court dir...

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"High Court Rules Against NSE: Shareholder’s Rights Protected in Lack of Authority Case" "Safeguarding Property Rights in Shareholder Disputes."

The Bombay High Court quashed the National Stock Exchange’s (NSE) communication directing a stop on share transfers owned by the petitioner, Aloysiu...