Search Results for "chit fund"

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Rejection of Revision Applications in a Cheating and Prize Chits Case. Convictions under IPC Section 420 and Prize Chits Act upheld; benefit of Probation of Offenders Act denied.

Charges under IPC Section 420 (Cheating) and Section 4 of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978, both the trial and appell...

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Supreme Court Reverses Acquittal in Cheque Bounce Case, Upholds Conviction. High Court and Appellate Court Decisions Overturned on Grounds of Legal Enforceability of Debt.

The Supreme Court of India, reversed the High Court's and the Appellate Court's decisions that had acquitted the respondent in a cheque bounce case un...

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Complainant not required to prove service obtained for self-employment livelihood unless appellant proves commercial purpose.

Consumer Protection - Maintainability of Complaint - Definition of Consumer - Service obtained for Commercial Purpose - Onus of Proof - Burden of Proo...

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"Acquittal in Abetment to Suicide Case: Conviction Overturned Due to Lack of Evidence" "Supreme Court highlights the necessity of concrete evidence and consistency in witness testimony for abetment charges under Section 306 IPC."

The Supreme Court acquitted the appellant, of the conviction under Section 306 IPC for abetment to suicide. The prosecution's failure to provi...

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Supreme Court Dismisses Appeal in NDPS Case Seeking CBI Investigation Over Alleged Illegal Abduction. Transfer to CBI Not Warranted as Mere Allegations Against Police Do Not Meet Exceptional Circumstances Under Established Guidelines, and Issues Can Be Raised in Trial.

The Supreme Court heard appeals arising from two Special Leave Petitions challenging orders of the High Court of Chhattisgarh, Bilaspur. The appellant...

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Supreme Court Dismisses Appeal Against SEBI Order Declaring Art Funds as Collective Investment Schemes. Trusts managing pooled investments in art works held to be Collective Investment Schemes under SEBI Act, 1992, despite being structured as trusts rather than companies.

The Supreme Court dismissed Civil Appeal No. 19936 of 2017 challenging the order of the Securities Appellate Tribunal which had upheld SEBI's directio...