Supreme Court Refuses To Interfere With Arrest Of Ex-VVCMC Town Planning Officer In Money Laundering Case

The Supreme Court on Tuesday (May 26) refused to interfere with a Bombay High Court judgment that upheld the arrest of former Vasai-Virar City Municipal Corporation (VVCMC) Deputy Director of Town Planning Y. Shiva Reddy by the Enforcement Directorate. The case concerns alleged illegal constructions and corruption linked to development permissions in the Vasai-Virar area. A Bench of Justices Vikram Nath and Sandeep Mehta dismissed Reddy's special leave petition against the High Court's March...

Arbitration In India Has Not Failed, Courts Sometimes Have Failed Arbitration: Supreme Court

The Supreme Court on Friday remarked that “Arbitration in India has not failed; however, Courts sometimes have failed arbitration in India,” while dismissing Madhya Pradesh Road Development Corporation Ltd.'s (MPRDC) challenge to an arbitral award that had already survived multiple rounds of judicial scrutiny over nearly 12 years. A Bench of Justice J.K. Maheshwari and Justice Atul S. Chandurkar made the observation while refusing to interfere with an arbitral award in favour of Jabalpur...

Madras High Court Grants ITC Interim Injunction Over Alleged Infringement Of Classmate Trademark

The Madras High Court has granted an interim injunction in favour of ITC Limited. The injunction restrains traders from manufacturing, selling, marketing or otherwise dealing in products bearing the mark "CLASSMAN" or any mark alleged to be identical or deceptively similar to ITC's registered trademark "CLASSMATE", pending disposal of the suit.Justice N. Senthilkumar passed the order on May 13 in seven applications filed by ITC. The applications sought reliefs relating to trademark infringement,...

After Corporate Veil Was Lifted, Delhi HC Lets Directors Raise Company's Objections To Arbitral Award

The Delhi High Court has held that directors of International Print O Pac Ltd., against whom execution proceedings were initiated after the corporate veil of the company was lifted, can raise all objections available to the company, including a plea that the arbitral award sought to be enforced is a nullity. A Division Bench of Justice Dinesh Mehta and Justice Vinod Kumar set aside a Saket Commercial Court order rejecting objections filed by directors Amila Singhvi and another against...

Delhi High Court To Pass Orders In Personality Rights Suit Of Actor Varun Dhawan

The Delhi High Court has indicated it will issue an interim order in favor of Bollywood actor Varun Dhawan to protect his personality rights.Justice Jyoti Singh today indicated that the court would direct the removal of offending links tied to defendants allegedly involved in the unlicensed sale of merchandise, the creation of deepfake content, and the circulation of pornographic material misusing the actor's likeness.Senior Advocate Sandeep Sethi, representing Dhawan, walked the bench through...

CMRL Moves Division Bench Against Kerala HC Order Refusing To Quash ED Summons In Exalogic Case

An appeal has been filed before the Kerala High Court against a Single Judge's refusal to quash the Enforcement Directorate's money laundering probe linked to alleged payments of ₹1.72 crore made by Cochin Minerals and Rutile Limited (CMRL) to Veena Vijayan, daughter of former Kerala Chief Minister Pinarayi Vijayan, and her company, Exalogic Solutions Pvt Ltd. The appeal also challenges summons issued by the ED to CMRL officials. The appeal challenges Justice T.R. Ravi's May 26 judgment...

'Inelegantly Drafted': Supreme Court Lays Down Two-Part Framework For Establishing Fraud Under PFUTP Regulations

The Supreme Court on Friday held that the definition of fraud under Regulation 2(1)(c) of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003, suffers from "inelegant legislative drafting." Adopting a purposive interpretation of the provision, laid down a two-part framework for establishing fraud. Observing that the definition of fraud under Regulation 2(1)(c) appears to treat both deceitful intention and proof of wrongful gain or avoidance of loss as non-essential...

Rajasthan HC Slams “Lethargic” Arbitration In ₹528 HCL–DISCOMs Dispute, Orders Fast-Track Completion

The Rajasthan High Court on 27 May held that arbitral proceedings must remain aligned with the statutory objective of expedition, efficiency, and cost-effectiveness under the Arbitration and Conciliation Act, 1996, and that procedural delay cannot justify repeated extensions of an arbitral tribunal's mandate under Section 29A. Justice Sameer Jain, invoking former Chief Justice of India Justice P.N. Bhagwati's observation that “Procedure is but a means to an end, not an end in itself”, partly...

Supreme Court Defreezes Accounts Of Trader Involved In CNBC Awaaz 'Pandya Ka Funda' Market Manipulation Case

The Supreme Court on Friday ordered the defreezing of the bank accounts of trader Alpesh Vasanji Furiya, who is accused by SEBI of trading on advance knowledge of stock recommendations aired by CNBC Awaaz anchor Pradeep Pandya on the programme 'Pandya Ka Funda'. The Court passed the order after noting that ₹8.39 crore had already been deposited towards the disgorgement amount. The Court also directed that the amount lying in an escrow account shall continue. It issued notice on Furiya's...

Delhi High Court To Pass Orders In Personality Rights Suit Filed By Actor Naga Chaitanya

The Delhi High Court on Thursday indicated that it is likely to pass orders in a personality rights suit filed by Telugu actor Akkineni Naga Chaitanya. The actor has sought protection against a range of alleged online violations, including pornographic websites using his name, unauthorized merchandise, AI-generated content featuring him and his former spouse, and YouTube videos he claims infringe his personality rights. The matter came up before Justice Jyoti Singh. During the hearing, the...

Supreme Court Sets Aside Fraud Findings, ₹447-Crore Disgorgement Order Against Reliance In RPL Futures Trading Case

The Supreme Court on Friday partly allowed Reliance Industries Limited's appeal in the Reliance Petroleum Limited (RPL) futures trading case, setting aside findings of fraud and market manipulation, quashing a ₹447.27 crore disgorgement order, and directing the refund of ₹250 crore deposited by the company. However, the Court upheld the finding that Reliance had violated disclosure requirements relating to position limits under a 2001 Securities and Exchange Board of India (SEBI) circular and...

Supreme Court Issues Notice On Plea Alleging Jaypee Used “Facade” Deals To Divert ₹13,833 Crore Homebuyer Funds

The Supreme Court on Tuesday issued notice on a writ petition alleging that Rs. 13,833 crore out of Rs. 14,599 crore collected from homebuyers by the Jaypee Group was diverted through transfers to group entities and undervalued land transactions. The matter came up before a bench comprising the Chief Justice Surya Kant, Justice Joymalya Bagchi and Justice Vipul M. Pancholi issued notice. “Issue notice, returnable on 15.07.2026,” the court recorded.Filed by a homebuyer in the 'KASABLANCA'...