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Delhi High Court upholds SEBI takeover of CRB Mutual Fund winding-up — Special Committee’s fiduciary lapses flagged; forensic audit and recovery directions sustained, appeals partly dismissed

Court’s decision The Delhi High Court partly dismissed two connected company appeals arising from the decades-old CRB Mutual Fund winding-up proceedings, upholding the learned Single Judge’s directions transferring control from…

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Rawlaw January 28, 2026

Bombay High Court ruling on reassessment

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“Reassessment Cannot Be Based On Audit Objections” – Bombay High Court Quashes Section 148 Action Against Charitable Trust

Court’s Decision The Court quashed the notices issued under Section 148A(b), the order passed under Section 148A(d), and the consequential reopening notice under Section 148. The Court held that the…

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Rawlaw November 10, 2025

Recent News

Bombay High Court holds admitted documents dispense with proof — “Port Trust liable to refund illegal auction proceeds, ownership established by admissions”
Bombay High Court refuses to quash deemed conveyance despite fraud and title objections — “MOFA authority’s role is summary, civil court alone can decide ownership”
Bombay High Court upholds SIDBI pension cut-off date — “Denial of retrospective pension not arbitrary, policy choice backed by Supreme Court precedent”
Bombay High Court orders grant of deemed conveyance under MOFA — “Promoter’s delay defeated, statutory agreements prevail over disputed consents”
Delhi High Court denies residence order under Domestic Violence Act — “Voluntary relocation defeats claim to re-enter past shared household”

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