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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 Initiates Contempt Proceedings Against Patanjali Ayurved for Misinformation Campaign. Court Cautions Patanjali, Acharya Balkrishna, and Baba Ramdev Over Misleading Claims About Ayurvedic Products.

The Supreme Court of India has initiated suo motu contempt proceedings against Patanjali Ayurved Limited, its Managing Director Acharya Balkrishna, an...

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Legal Profession and Consumer Protection Laws: Navigating the Boundaries Exploring the Applicability of Consumer Protection Laws to Advocates and Legal Services

The case concerns the applicability of the Consumer Protection Act, 1986 (CP Act), as re-enacted in 2019, to complaints alleging "deficiency in servic...