Bombay High Court Rejects NSEL Accused's ₹48 Lakh Bid To Secure Property Attached Under MPID Act

The Bombay High Court has recently dismissed an appeal filed by Ramesh Satpal Nagpal, an accused in the 2013 National Spot Exchange Ltd. (NSEL) case. It refused to permit him to bid for his property attached and put to auction under the Maharashtra Protection of Interest of Depositors Act, 1999, upholding the trial court's rejection of his application.A Division Bench of Justices A.S. Gadkari and Kamal Khata held that merely because the property remained unsold despite being put up for auction...

Bengaluru Court Restrains Defamatory Content, Orchestrated Negative Ratings Against Telugu Film 'Jetlee'

A City Civil and Sessions Court in Bengaluru has granted an ad-interim ex parte injunction restraining social media platforms and online users from publishing defamatory and unverified content against the Telugu film "Jetlee," observing that such material could damage the film's image and cause huge loss to the plaintiff ahead of its May 1 release. In an order dated April 29, 2026, Addl. City Civil and Sessions Judge B Dararatha held that the plaintiff “appears to have made out prima-facie...

Banks Must Halt Online Money Game Transactions On Regulator's Direction Under Online Gaming Rules, 2026

Banks and payment intermediaries will be required to suspend or block transactions linked to online money games when directed by the regulator, under the Online Gaming Rules, 2026.The Rules were notified by the centre on Wednesday.Rule 19(2) says that once the Online Gaming Authority issues directions in respect of an online money game, banks, financial institutions, and entities facilitating transactions must suspend, restrict, or close such transactions and stop authorising funds tied to those...

Cheque Return Memo Need Not Bear Bank Seal Or Signature To Prove Dishonour: Karnataka High Court

The Karnataka High Court has recently held that a cheque return memo need not carry a bank's seal or signature to establish dishonour under Section 138 of the Negotiable Instruments Act, 1881, particularly where the process is handled through electronic clearing systems. “In view of the electronic clearance, the seal and signature is not mandatory and therefore, seal and signature, official mark etc., on Ex.P.2 cannot be a ground to reject the complaint,” a bench of Justice V Srishananda said. ...

Failure To Exercise Due Diligence By CA Is Professional Misconduct, No Dishonest Intent Needed: Gujarat High Court

The Gujarat High Court has recently held that a Chartered Accountant can be found guilty of professional misconduct solely for failing to exercise due diligence, rejecting the argument that absence of dishonest intent shields an auditor from liability. A Bench of Justices A.S. Supehia and Pranav Trivedi, interpreting the provision in the Chartered Accountants Act that defines professional misconduct (Clause 7 of Part I of the Second Schedule), said, “Thus, a Chartered Accountant in practice...

Madras High Court Dismisses Actress Tamanna Bhatia's Rs 1 Crore Damages Claim Against Soap Maker

The court held that use of an actress’s image after expiry of an endorsement agreement amounts to violation of personality and privacy rights, but found no evidence linking the company to the alleged use.

Railways' SCR Treasury Account Not Immune To Attachment Without Proof Of Exempt Funds: Telangana High Court

The Telangana High Court has recently held that the Railways' SCR treasury account is not immune from attachment in execution proceedings in their entirety and that only specifically identifiable exempt amounts can be protected. Clarifying that exemptions under Section 60 of the Civil Procedure Code apply only to identifiable portions of funds and not entire accounts, the Court said, “It is also pertinent to note that the proviso to section 60(1) of the CPC carve-out exceptions from...

Telangana High Court Sets Aside Order Directing Swiggy To Furnish ₹58.6 Lakh Security In Recovery Suit

The Telangana High Court has recently set aside an order directing online food delivery platform Swiggy to furnish Rs 58.60 lakh as security or face attachment of its bank account before judgment in a money recovery suit over alleged unpaid dues for supplies. It held that such attachment cannot be ordered in the absence of material satisfying the requirements under Order XXXVIII Rule 5 of the Civil Procedure Code.Order XXXVIII Rule 5 CPC empowers a court to direct a defendant to furnish security...

Probate Of Will Of Undischarged Insolvent Not Barred Under Indian Succession Act: Bombay High Court

The Bombay High Court has recently held that probate of the Will of a person who died as an undischarged insolvent is not barred under the law and can be sought, even though the estate vests in the Official Assignee for distribution among creditors. “There is no embargo under the provisions of the Succession Act from seeking probate of the Will of an undischarged insolvent.” A single-judge bench of Justice Sharmila U. Deshmukh was dealing with a testamentary petition seeking probate of the...

Bombay High Court Orders MPT To Refund ₹4.09 Crore To JSW Steel Over Sunken Barge

The Bombay High Court on Friday held that liability for the removal of a wrecked vessel under Section 14 of the Indian Ports Act, 1908 applies to the owner of the vessel and directed the Mumbai Port Trust (MPT) to refund Rs 4.09 crore to JSW Steel after finding it was not the owner of the sunken barge.Allowing the writ petition, a bench of Justices Manish Pitale and Shreeram V. Shirsat directed MPT to return Rs 4,09,25,764, comprising Rs 70 lakh deposited by JSW Steel along with accrued...

Cheque Not Legally Enforceable For Full Amount If Part Payment Not Endorsed: Kerala High Court

The Kerala High Court has held that a cheque presented for its full value despite prior part payments without endorsement does not represent a legally enforceable debt, while upholding an acquittal in a cheque dishonour case. Justice A. Badharudeen, while dismissing an appeal filed by complainant Danikutti Philip, held, "However, when part payment(s) is/are made and the indorsement mandated under Section 56 of the NI Act failed to be recorded, presenting the cheque for the whole sum, of which a...

Service Of Notice On One Partner Deemed Service On All Under Presidency Towns Insolvency Act: Bombay HC

The Bombay High Court has held that service of an insolvency notice on a firm or any one of its partners amounts to valid service on all partners under the Presidency Towns Insolvency Act, 1909. The court rejected the argument that limitation should be counted from the last date of service on each partner. A single-judge bench of Justice Jitendra Jain was hearing an insolvency petition where the judgment debtors challenged its maintainability under Section 12(1)(c) of the Presidency Towns...