BOMBAY HIGH COURT
AT-1 case: Yes Bank does not expect material financial impact from Supreme Court ruling
The Supreme Court has officially concluded the hearings related to the Additional Tier-1 bond write-down of Yes Bank, with a verdict now on the horizon. This case follows the bank's dramatic near-collapse back in 2020, leading to an aggressive write-down of ₹8,415 crore in bonds, sparking a flurry of legal action from aggrieved investors.
Social media outlets told to take down fake NSE accounts
The Bombay High Court has ordered social media platforms and domain registrars to remove fake accounts and websites impersonating the National Stock Exchange (NSE). The court granted interim relief to NSE, directing platforms like X and Google-owned YouTube to take down infringing content. This action aims to protect unsuspecting investors from fraudulent stock market guidance.
SC turns down Anil Ambani plea against 'fraud' tag
The Supreme Court has rejected Anil Ambani's appeal. He challenged banks classifying his loan accounts as fraudulent. The court found no grounds to interfere with the Bombay High Court's order. This allows banks to proceed with the classification. The Supreme Court asked the High Court to expedite the hearing. Anil Ambani had sought to settle the matter with the banks.
After TCS and Infosys, Tech Mahindra in row over alleged religious bias; issues statement on ‘Footwear Free Zone’ viral image
Tech Mahindra is facing online criticism after a 'Footwear Free Zone' sign went viral. The IT firm has denied allegations of religious bias and a divisive workplace culture at its Mumbai office. An internal review found the social media claims inaccurate.
NCW sets up panel to probe sex abuse allegations at TCS unit in Nashik
The National Commission for Women (NCW) announced on Wednesday that it has constituted a fact-finding committee to conduct a detailed inquiry into the alleged incidents of sexual harassment of women at the Tata Consultancy Services (TCS) BPO unit at Nashik in Maharashtra.
NCW sets up panel to probe alleged sexual harassment at TCS Nashik
The National Commission for Women is investigating serious allegations of sexual harassment at a Tata Consultancy Services BPO unit in Nashik. A fact-finding committee will visit the facility on April 17 to conduct an on-site inquiry. The panel will interact with victims, police, and company officials.
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Honey-trap espionage case: HC denies bail to ex-DRDO scientist; 'shared vital info with Pak officer'
A retired DRDO scientist, Pradeep Kurulkar, has been denied bail by the Bombay High Court. He was arrested last year on charges of sharing sensitive defense information with a woman linked to Pakistani intelligence. The court noted that vital information was passed during intimate chats. Kurulkar's arrest followed a complaint from the defense research establishment.
Abu Salem plea for immediate release after 25 years dismissed by HC
The Bombay High Court has rejected gangster Abu Salem's request for immediate release from jail. Salem claimed he had completed 25 years of his sentence as per his extradition terms. The court ruled that calculating remission for good behaviour would be premature at this stage. Salem was convicted in the 1993 Mumbai serial bomb blasts case.
SC collegium recommends names of two women advocates as judges of Kerala HC
The Supreme Court collegium has recommended two women advocates for the Kerala High Court. Three judicial officers were approved for the Karnataka High Court. Four additional judges will become permanent judges of the Telangana High Court. Justice Manjusha Ajay Deshpande was also approved as a permanent judge of the Bombay High Court. These appointments will strengthen the judiciary.
High Court relief to Sun Pharma, Ahd Co barred from using 'Esiraft'
Sun Pharmaceutical Industries has received a significant legal victory. The Bombay High Court has stopped Meghmani Lifesciences from using its product mark 'Esiraft'. This decision comes after Sun Pharma alleged trademark infringement and passing off rights concerning its brand 'Raciraft'. The court found the marks visually and phonetically similar, likely to cause confusion among consumers.
Denying wife kitchen access is mental cruelty, rules high court; mother-in-law gets relief but husband to face trial
The Bombay High Court has ruled that barring a wife from her matrimonial home's kitchen amounts to mental cruelty. This ruling allows a case against a husband to proceed. The court found specific allegations against him indicated wilful conduct causing harm. However, proceedings against his mother were quashed due to general accusations.
Mumbai civic body MCGM to deploy AI system to overhaul real estate approvals
Mumbai is set to revolutionise real estate approvals with an advanced AI system. This initiative will streamline processes, reduce timelines and enhance transparency. Developers and consultants will benefit from a unified digital platform for real-time application tracking.
Bombay High Court rules in favour of RIL: Directs MMRDA to refund Rs 646 crore
Bombay High Court quashed a Rs 1,116 crore demand against Reliance Industries for alleged construction delays on its BKC complex. The court found the process arbitrary, ordering a refund of Rs 646 crore paid under coercion. This significant relief follows RIL's argument that statutory approvals impacted project timelines.
Builder fraud: Bombay HC denies society membership to homebuyer who was sold refuge area as residential flats
When Mr Sewadsha from Ghatkopar East purchased five apartments in a housing project in Bhandup he had no idea that the builder had cheated him by selling refuge areas (vacant areas). The reason why the builder could dupe Sewadsha is because there was an error in the plan annexed to the Occupancy Certificate which shows a part of the vacant space as residential flats on 8th and 15th floor of the housing society even though no constructed residential apartment, fit for occupation, exists there.
It's high time Indians inculcate civic sense and follow traffic rules, says Bombay HC
The Bombay High Court stressed the need for Indian citizens to develop civic sense and adhere to traffic rules, drawing parallels with developed nations. Justice Jitendra Jain highlighted that parents must set good examples for children by following rules, urging pedestrians and vehicle drivers to obey signals and regulations to prevent accidents.
ET Prime Special Series: Multibagger or Bankrupt - Part 53: All vehicles need this auto ancillary’s product, but its EV future is still taking shape
This auto ancillary is not trying to be many things at once. It has stayed in one technical lane for years and built its business around a function every vehicle needs. That gives the story some stability. But it does not remove the risks. A large share of revenue comes from a few customers, the group is carrying unresolved contingent matters, and the gap between standalone and consolidated earnings shows the cost of building backward integration. In a sector moving toward EVs, this business still looks rooted in old strengths, while its next phase is only beginning to take shape.
After losing my son, I'm now fighting for what we built: Rani Kapur on RK family Trust dispute
Kapur has spoken out about the ongoing dispute, calling it deeply painful and personal. She said that after the loss of her son, she now feels she is being pushed into a battle to protect what she and her husband created over decades. According to her, the situation is not just a legal fight but an emotional struggle over her family's legacy.
90-year-old doctor moves HC to adopt 43-year-old; Opens debate on why India doesn’t allow adult adoption
90-year-old retired doctor is seeking legal recognition to adopt his 43-year-old caretaker as his son, highlighting a gap in India’s largely child-centric adoption laws. The Bombay High Court has sought responses from the Centre and the Maharashtra government. The registrar’s refusal to register the adoption deed has led to the legal challenge, raising questions around adult adoption rights as well as related property concerns.
Parental wealth crucial when determining wife's maintenance? Bombay HC directs husband to deposit Rs 3 lakh; know why
"What must be assessed is whether the claimant spouse has sufficient independent income to sustain herself," the court said. While highlighting that the wife’s family’s financial background is irrelevant in this case, Justice Urmila Joshi Phalke noted that interim maintenance depends on financial necessity.
IIT Baba, who left Rs 36 LPA job for spirituality, gets married to Bengaluru techie. Who is Abhay Singh?
Abhay Singh, the IIT Bombay engineer turned spiritual seeker, has married Preetika. The couple tied the knot at the Aghanjhar Mahadev Temple during Maha Shivratri. They later completed legal formalities with a court marriage. Singh, popularly known as 'IIT Baba', plans to launch 'Shri University'. This institution will blend conventional education with spiritual practices.
Tata Trusts row deepens as vice-chairmen allege concealment, forced resignation
Tata Trusts is in the spotlight as CEO Siddharth Sharma demands the resignation of vice-chairmen Venu Srinivasan and Vijay Singh. The two members assert that Sharma did not disclose a vital legal assessment from ex-CJI M.H. Kania related to eligibility criteria. While Srinivasan has resigned, Singh is yet to follow suit.
Bombay HC upholds homebuyers' right to withdraw builder's deposit during appeal; How will this speed up refund on delayed projects?
In a significant ruling for the real estate sector, the Bombay High Court has affirmed that homebuyers can withdraw amounts deposited by builders with the RERA Appellate Tribunal, even while the builder’s appeal is pending. Justice N.J. Jamadar, while dismissing a challenge by Rare Townships Private Limited, observed that builders and buyers cannot be treated on an equal footing due to the inherent vulnerability of allottees.
HC acquits Punjab AAP MLA, 7 others in 2013 molestation case
The Punjab and Haryana High Court has acquitted AAP MLA Manjinder Singh Lalpura and seven others. They were convicted in a 2013 molestation and assault case. The court allowed a petition following a compromise between the parties. The FIR registered in 2013 under IPC and SC/ST Act has been quashed. The complainant woman and the accused reached an amicable resolution.
Banks take backseat: Bombay High Court upholds PMLA supremacy in asset recovery
Banks in India face a significant ruling from the Bombay High Court. The court declared that anti-money laundering laws take precedence over bank recovery acts. This means properties linked to criminal activities, even if mortgaged to banks, are subject to government attachment. Genuine third parties can seek recourse through special courts. The judgment strengthens the fight against financial crimes nationwide.
Bombay High Court nudges feuding Kalyani siblings towards mediation
The Bombay High Court has urged the feuding Kalyani family members to consider mediation. Siblings Baba Kalyani, Sugandha Hiremath, and Gaurishankar Kalyani are involved in multiple legal battles. The court's suggestion came during a hearing on an interim application. While Sugandha Hiremath's side is open to mediation, Baba Kalyani's representatives sought time to consult their clients.
Foreign divorce may not hold in India: Supreme Court says US decree on irretrievable breakdown is not enforceable
The Supreme Court ruled that a US divorce granted on grounds of irretrievable breakdown is not enforceable in India, as this ground is not recognized under the Hindu Marriage Act. Despite the parties' prolonged separation, the court exercised its Article 142 powers to grant a divorce, setting aside the High Court's order.
Bacardi, United Spirits move HC against Maharashtra liquor policy
Major liquor companies are challenging a new Maharashtra government policy in the Bombay High Court. They claim the policy unfairly benefits a few manufacturers of Maharashtra Made Liquor. The companies argue this creates an unequal playing field. The court will hear the case soon.
Introduce safety announcements on all long-distance trains: Bombay High Court suggests to Railways
The Bombay High Court has urged railway authorities to implement public safety announcements on all long-distance trains, detailing station halts. This follows a ruling ordering compensation for a passenger injured while alighting a moving train. The court emphasized passenger safety and suggested improvements to prevent similar incidents. Passengers are advised against boarding or alighting moving trains.
Bombay HC grants JSW Steel Coated Products Ltd interim injunction in trademark suit
JSW Steel Coated Products Ltd secured an interim injunction from the Bombay High Court against multiple entities in Maharashtra for alleged trademark infringement. The court restrained the use of marks identical or deceptively similar to JSW's registered brands, including "COLOURON+" and "VISHWAS+". A receiver was appointed to inspect premises where police seized infringing marks, with enforcement actions occurring in Nashik.
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