The special SEBI court has held Panther Fincap and Management Services Ltd and its directors Ketan Parekh and Kartik Parekh guilty of violation of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 1997 while acquiring shares of Shonkh Technologies International Read More …
Tag: Legal News
Cabinet Approves Fugitive Economic Offenders Bill.
India’s cabinet has given its nod to a draft law that allows the government to take over all assets of loan defaulters and financial offenders who flee the country to evade criminal prosecution in cases where total claims are more Read More …
Delhi High Court Justice Gita Mittal Conduct Surprise Inspections At District Courts.
In a bid to evaluate the functioning of the subordinate judiciary, Senior Judges of the Delhi High Court, led by Acting Chief Justice Gita Mittal, made surprise visits to District Courts in Delhi. The judges’ teams which went to various District Read More …
Supreme Court Has Held That An Appellate Officer Under S.9 Of Public Premises Act Acts As A Court.
The Supreme Court has held that an Appellate Officer, while discharging his duties under the Section 9 of the Public Premises (Eviction of Unauthorised Occupants) Act, 1971, acts as a Court and not “persona designata”. The judgment was rendered by Read More …
The Delhi High Court Has Vacated The Injunction Order Against Caravan Magazine In The 50 Crore Defamation Case Filed By Chaudhari.
The relevant facts of the present defamation case are that the plaintiff is a society registered under the Societies Registration Act, 1860 and is involved in running academic courses under the name and style of “The Indian Institute of Planning Read More …
A Consumer Court Has Directed Air India To Pay Rs 2Lakh Each In Compensation To Two Lawyers For Lost Bags And 'Reputation'.
A consumer court has directed Air India to pay Rs 2 lakh each in compensation to two lawyers who had blamed loss of checked baggage for not being able to argue a case in the Supreme Court and consequently having Read More …
National Green Tribunal: Frame Policy To Stop Burning Crop Residue To Prevent Air Pollution.
The National Green Tribunal has directed Delhi and four northern states to formulate a comprehensive policy for providing incentives and infrastructural assistance to farmers to stop them from burning crop residue to prevent air pollution. The green panel directed the Read More …
Supreme Court Bench Orders Supertech To Deposit Rs 10 Crore To Refund Homebuyers Of Its Emerald Towers Project.
The Supreme Court has ordered real estate firm Supertech Ltd to deposit Rs 10 crore towards refunding home buyers. The court was hearing petitions filed by the investors, who sought refunds after the Allahabad High Court directed that the Emerald Towers project, Read More …
Supreme Court Stays Criminal Proceedings Against Priya Prakash Varrier.
The Supreme Court has came to actress Priya Prakash Varrier’s rescue by staying criminal proceedings initiated against her in various states on grounds that the video of a song from her film allegedly hurt religious sentiments of the Muslim Read More …
Supreme Court Agrees To Hear A Plea Seeking A Permanent Mechanism To Fix And Revise The Salary And Allowances For MPS And MLAS, Saying It An Important Ethical And Legal Issue.
The Supreme Court has agreed to examine a plea seeking a permanent mechanism to fix and revise the salary and allowances for MPs and MLAs, saying lawmakers increasing their own salary raised an “important ethical and legal issue” that needed adjudication. A bench of Read More …