3 Apr 2026 – Lawcutor

Supreme Court Cancels Bail of Satinder Singh Bhasin for Violating Bail Conditions; Orders Forfeiture of Rs. 50 Crore Deposit — Holds Siphoning of Company Funds to Meet Deposit Condition Violates Section 185 of Companies Act, 2013

The Supreme Court on April 2, 2026, cancelled the bail granted to Satinder Singh Bhasin (Director of Bhasin Infotech and Infrastructure Private Limited) in 2019 in connection with multiple FIRs…

Supreme Court Upholds Dismissal of Senior Bank Manager from Service; Holds Higher-Ranking Officer Cannot Claim Parity in Punishment with Lower-Rank Co-Delinquents

The Supreme Court on April 2, 2026, allowed the appeal filed by Punjab & Sind Bank and restored the order of dismissal from service imposed on its former Senior Manager,…

Supreme Court Holds Non-Confirmation of Seizure Under Section 37A of FEMA Bears on Adjudication Proceedings; Reiterates Writ Against Show-Cause Notice Permissible in Exceptional Cases

The Supreme Court has clarified that the non-confirmation of seizure of assets by the Competent Authority under Section 37A of the Foreign Exchange Management Act, 1999 carries significant weight in…

Supreme Court Stays Rajasthan Government Notification De-Notifying 732 Hectares of National Chambal Sanctuary; Says State Could Not Have Acted Unilaterally

The Supreme Court on Wednesday stayed the Rajasthan Government’s notification de-notifying 732 hectares of the National Chambal Sanctuary without prior approval of the Court, observing that the State “could not…