Bombay High Court

The lender is evaluating the Supreme Court judgment setting aside the Rs 8,415 crore AT-1 bond write-off and will communicate its decision on coupon payments in due course.

The Bombay High Court on Monday observed that while peaceful demonstration is a fundamental right, factors like a protestor's credentials and public inconvenience must be weighed before issuing blanket orders restricting police action. A bench of Chief Justice Mahesh Chandra Tripathi and Justice Advait Sethna directed the Maharashtra government to respond to petitions alleging the illegal detention of individuals by the police during recent anti-Chief Election Commissioner (CEC) protests in the city. The court was hearing a public interest litigation filed by advocate Savar Devre against alleged police brutality and detention of persons who are taking out peaceful demonstrations in solidarity with the protests in Delhi. The plea had sought a direction to the police not to detain any person taking part in such peaceful protests. Advocate Gayatri Singh on Monday submitted an application filed by four persons who were detained by the police last week after participating in a peaceful

The Supreme Court's ruling on Yes Bank's AT-1 bond write-off raises concerns over RBI oversight, financial product mis-selling and the limitations of disclosure-based regulation.

Bollywood actor Imran Khan, a US citizen, on Saturday filed a petition in the Bombay High Court challenging a notice issued by police directing him to leave India by October 28 after he participated in a political protest, even as he received a show-cause notice from the FRRO as to why his Overseas Citizen of India (OCI) status should not be cancelled. The 43-year-old actor, who had participated in a recent demonstration in Mumbai related to the agitation seeking Chief Election Commissioner Gyanesh Kumar's resignation, received a show-cause notice from the Foreigners Registration Office (FRRO), said his lawyer Zulfiquar Memon. This notice should have been issued before Mumbai Police issued their "abrupt and arbitrary" 'Leave India Notice' to Khan, the lawyer said. In his plea before the High Court, the actor said the notice issued by the Mumbai police was "illegal, arbitrary, perverse and drastic". The petition, filed through advocate Memon and MZM Legal, said the police notice ...

The Supreme Court upheld the Bombay High Court's decision to quash Yes Bank's ₹8,415-crore AT1 bond write-off, ruling that the administrator lacked the legal authority.

Supreme Court ruling on the ₹8,415-crore AT-1 bond write-off could reduce Yes Bank's net worth by up to 26% and its CET-1 ratio to 10%, according to Anand Rathi's analysis

Tata Trusts chairman Noel Tata and his son Neville have filed caveats in city courts in the row surrounding Venu Srinivasan and Vijay Singh, sources said on Wednesday. The caveats filed in the Bombay High Court and also in the Mumbai City Civil Court will ensure that they are heard before the passing of any orders. Both the father and son moved the courts with their caveats on October 7, as per official records. Srinivasan and Singh had filed complaints against Noel and Neville Tata with the Maharahstra Charity Commissioner, alleging governance lapses and irregularities at some of the Tata Trusts. Noel and Neville had earlier filed similar caveats at the charity commissioner's office, according to reports. The caveat in the Bombay High Court has Noel as the caveator, while Srinivasan has been named as the caveatee. Singh has been included as an extra party caveatee along with lawyer Darius Khambata and Tata group veteran Bhaskar Bhat. Noel Tata features as the caveator in the move

Special Intensive Revision is a fresh preparation of electoral rolls and not a Special Summary Revision where the existing roll is only updated, the Election Commission said

The liquor manufacturer told the Bombay High Court that the sales restriction has cost it over ₹500 crore, as a dispute with FSSAI over rum flavouring and labelling remains unresolved

The court questioned whether software can reject Form 8 applications from voters who shifted residence, warning that the process could leave eligible voters out of the electoral roll

Asserting that the medical fraternity cannot be touched, the Supreme Court on Monday stayed the Bombay High Court order granting bail to Shiv Sena corporator Ramesh Mhatre who was accused of assaulting doctors at a municipal hospital in Thane district. The corporator was directed to surrender within three days A bench of Justices Vikram Nath and Sandeep Mehta admitted the Maharashtra government's order appeal for hearing. "The message should go out loud and clear that the medical fraternity cannot be touched. They serve people and cannot be attacked in this manner," it said. There was a similar incident involving the same party after the Mhatre episode, the apex court noted. Senior advocate Siddharth Dave, appearing for Mhatre, said two witnesses had already been examined. The complainant, a woman doctor, is to be examined on October 3, the trial has started and there is no obstruction, he said. The bench said the Mhatre incident also shows that he was involved in 19 criminal case

A cinematographic film is not IT software under the GST law, even if delivered via a digital link or hard disk, the Bombay High Court has held while setting aside a tax demand of over Rs 79.7 crore from Karan Johar's two production companies. The mode of delivery remains irrelevant to tax classification, a bench of Justices M S Karnik and Sandesh Patil held in the judgment passed on September 10 in a plea filed by Johar's Dharma Productions and Dharmatic Entertainment. There is nothing on record to show how a cinematographic film, a passive audio-visual work, incapable of execution, manipulation or interactivity could ever satisfy the statutory definition of "information technology software", it said. Whether the content is transmitted physically (hard disks) or electronically, the mode of delivery cannot determine classification, the HC said, adding that there was no statutory basis to equate digital content with software. The dispute concerned the classification of copyright ...

Plea in Bombay HC to ensure central bank is heard before any order on listing challenge

Former liquor baron Vijay Mallya continues to evade the legal process in India, and the recovery of debts by the banks does not absolve him of the money laundering charges, the Enforcement Directorate (ED) has submitted to the Bombay High Court. The central agency on September 8 filed its affidavit in response to a petition filed by Mallya in 2020 seeking a closure of the criminal cases lodged against him. His dispute with the banks was settled after the debts were recovered, he had contended. The ED said movable and immovable properties worth Rs 14,131.6 crore were handed over to the SBI-led consortium, but this does not cancel or lead to the dropping of the money laundering charges against Mallya. He left India in March 2016 and did not appear before the investigating authority despite repeated summons, the agency said in its affidavit, noting that a non-bailable warrant was also issued against him. In November 2016, the high-profile businessman was declared a proclaimed ...

The Bombay High Court on Tuesday refused to quash the summons issued to Congress MP Rahul Gandhi in 2019 in a defamation complaint over his remarks against Prime Minister Narendra Modi, whom he had called a "commander-in-thief". A single bench of Justice N R Borkar dismissed Gandhi's petition against the magistrate court's order. The HC, however, continued its 2021 order directing the magistrate to defer hearing on the complaint for six weeks so that Gandhi can approach the Supreme Court in appeal. The direction to defer the hearing on the defamation complaint meant that Gandhi, the Leader of Opposition in the Lok Sabha, would not be required to appear before the magistrate. The complainant, M H Shrishrimal, had opposed Gandhi's plea in the HC, claiming that being a member of BJP, he too was aggrieved by the remarks made against his leader. The court refused to accept Gandhi's contention that the complainant was not an aggrieved party as the remarks were against a person and not th

The FSSAI said that Old Monk's label lists artificial and nature-identical rum flavouring substances that alter its natural characteristics

The Maharashtra FDA on Saturday said it would withdraw its order suspending the licences of five restaurants operating on the Mumbai Cricket Association premises, after the Bombay High Court warned of stinging orders against officials for taking a "pedantic instead of pragmatic view" of the situation. A division bench of Acting Chief Justice Ravindra Ghuge and Justice Gautam Ankhad vacated the suspension after a fresh inspection report submitted by the FDA confirmed that the eateries located in the Bandra-Kurla Complex area were 88 per cent compliant with food safety rules. The MCA had approached the high court challenging the FDA's decision to suspend operations over alleged hygiene violations and third-party operational irregularities. Although a fresh inspection carried out on Thursday showed 88 per cent compliance, the FDA had initially maintained the suspension because the eateries were being operated by M/s Shirke Infrastructure despite the licences being registered in the MCA

The appeal comes a day after the Goa government moved the Supreme Court, challenging the Bombay High Court's order on Tarun Tejpal's sentence and seeking life imprisonment for him

The order came after Tukaram Mundhe-led FDA continued to keep the food licence of a sweet shop suspended despite the shop achieving 98 per cent compliance with food safety norms

The apex court ruled that the High Court could not grant protection from a possible future arrest after finding Biyani's anticipatory bail application to be premature