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63 moons' assets can't be attached over NSEL scam: Bombay HC

Friday, August 23, 2019, 8:27 AM

In a major setback to the Mumbai Police and thousands of investors, the Bombay HC has held that NSEL is not a financial establishment under the purview of the MPID Act, 1999. Consequently, the HC ordered the state government to lift the attachment of moveable and immoveable properties of 63 moons, the promoter of the now defunct commodity spot exchange.
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Cooperative Bank scam: Bombay High Court orders FIR against Ajit Pawar, others

Friday, August 23, 2019, 8:20 AM

The Bombay High Court directed Mumbai Police's EOW to register an FIR against NCP leader Ajit Pawar and over 70 others in the MSCB scam case. The court held that prima facie, there was "credible evidence" against them in the case. A bench of Justices S C Dharmadhikari and S K Shinde directed the EOW to file the FIR within the next five days.
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Bombay High Court Acquits Two In Kidnap, Murder Case

Thursday, August 15, 2019, 7:59 AM

The Bombay High Court on Wednesday quashed the conviction and sentencing of two persons for kidnapping and murdering the 12-year-old son of their former employer in 2012, saying the prosecution failed to prove their involvement in the crime "beyond reasonable doubt". While the court had sentenced Shaikh to capital punishment, Ansari was sentenced to life imprisonment.

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