TRENDS
'Shocking order': SBI on NCLAT upholding transfer of Jet Airways' ownership to Jalan Kalrock Consortium
Though the court was inclined to issue notice in the case, the ASG urged the court to finish hearing the case and pass an order rather then issuing notice now and keeping it pending. The SC, accordingly, has kept the case for hearing on Friday (April 26).
TRENDS
Delhi HC rejects law student's PIL seeking 'extraordinary bail' for Arvind Kejriwal on grounds of safety
The HC said, "He (Kejriwal) is in custody by judicial order. The matter is pending in Supreme Court. Who are we to advise him? Who are you? You have some exaggerated opinion of yourself."
TRENDS
NCLT admits Indiabulls' personal insolvency plea against Zee's Subhash Chandra
As a result of Chandra being admitted to moratorium, no litigation can be initiated against him. Chandra also cannot alienate or sell any of his assets and the Resolution Professional will now process the claims of those who intend to recover money from him.
INDIA
BJD MP Pinaki Misra sues advocate Dehadrai for calling him 'Odia Babu'
The suit states that as Dehadrai and Trinamool leader Mahua Moitra separated, Dehadrai made various allegations of bribery and corruption against her where he also referred to Misra as the “MP from Orissa”.
TRENDS
Special court with sessions judge can hear offences filed under insolvency code: SC
In doing so, the court has reversed the Bombay High Court verdict from 2022, which held that only a special court comprising metropolitan magistrate established under the Companies Act, 2013, is empowered to hear criminal complaints under IBC.
TRENDS
SC upholds SAT order on penalty for manipulating Ruchi Soya share price
SEBI had imposed penalties on these entities in 2022 for manipulating Ruchi Soya stock in 2012.
POLITICS
'Don't suspect everything, appreciate the good things ECI has done': SC tells petitioners in VVPAT case
A bench of justices Sanjiv Khanna and Dipankar Dutta said "Everything the ECI does cannot be suspected like this. Please also appreciate if they have done something good. we heard you because we are also concerned."
POLITICS
SC reserves judgment on plea seeking cross verification of EVM votes with VVPAT
Over a period of two days, the court heard various lawyers representing the petitioners, an official from the Election Commission of India (ECI) and senior advocate Maninder Singh, who appeared for the ECI.
TRENDS
NCLT notice to SpiceJet in insolvency plea by lessors over Rs 77 crore default
Senior advocate Pramod Nair argued on behalf of the lessors that the insolvency plea has been filed on the basis of the judgment of a High Court of United Kingdom as well as contract between the parties.
BUSINESS
Tesla investment announcement will not violate model code of conduct: Legal experts
CEO Elon Musk’s India visit coincides with the general election, which is set to begin on April 19.
TRENDS
ZEEL took the right decision to withdraw plea to enforce merger with Sony, say legal experts
On April 16, ZEEL announced through a regulatory filing that it was withdrawing the merger implementation application filed before the NCLT, Mumbai, bench against Sony
TRENDS
Why are two courts hearing cases on Arvind Kejriwal’s arrest at the same time?
Two orders on the same day pertaining to the same cause of action raises questions on the nature of these cases and how they are being heard simultaneously.
POLITICS
'India not Europe, cannot compare population sizes', SC on returning to paper ballots
The observations were made in light of lawyer Prashant Bhushan's submission that the country must return to paper ballots to avoid questions of tampering with Electronic Voting Machines (EVM) and to bring more transparency into elections.
TRENDS
Patanjali ads case: SC posts matter for further hearing on April 23, Ramdev willing to make public apology
Patanjali misleading ads case: Ramdev and Balakrishna told the court that they were not justifying their actions but only apologising for the same
BUSINESS
NCLAT to hear challenges to Zee-Sony merger on May 17
NCLAT junked creditors IDBI Bank and Axis Finance's contention urging the appellate tribunal to wait for the outcome of Zee's plea in the NCLT to enforce the merger
POLITICS
SC refuses immediate relief to Arvind Kejriwal, issues notice to ED
The case is now likely to come up for hearing during the week beginning April 29
TRENDS
Zee-Sony merger: NCLAT to decide next course of action in appeal on April 15
IDBI bank and Axis bank urged NCLAT to adjourn the case pending till the National Company Law Tribunal (NCLT) decided the Zee's plea to enforce the merger. However, Zee argued that the pendency of the plea in NCLT will have no bearing on the present case and urged to NCLAT to continue hearing the case
TRENDS
Byju's seeks arbitration in dispute with investors, files application in NCLT
NCLT asks investors, including Peak XV Partners, General Atlantic and Prosus, to respond to Byju's application. Investors level fresh allegations of violation of NCLT directives by ed-tech firm
POLITICS
SC sets aside order cancelling Navneet Kaur Rana's caste certificate
The order pronounced by a bench led by Justice JK Maheshwari noted that SC found no reason to interfere in the order of the scrutiny committee which had declared her caste certificate to be valid after enquiry.
TRENDS
Delhi liquor policy case: HC reserves judgment on Arvind Kejriwal's plea challenging his arrest
The arrest is an attempt to curtail Kejriwal’s participation in the elections and possibly to disintegrate his political party, says Kejriwal's lawyer.
TRENDS
ED, I-T actions on Kejriwal, Congress spark election conduct debate. Can the Election Commission step in?
Amid opposition concerns about their impact on fair elections, former Election Commission officials are of the view that the poll body is empowered to intervene if the actions of ED and income tax department substantially disrupt the level playing field.
TRENDS
Byju's vs investors: NCLT members differ on interim order, refer case to president
NCLT Bengaluru delivers a divided decision on granting interim relief to investors to halt the rights issue of Byju's
TRENDS
Why did the Supreme Court deny interim relief to Kerala in borrowing limits case?
“If the State has essentially created financial hardship because of its own financial mismanagement, such hardship cannot be held to be an irreparable injury that would necessitate an interim relief against Union,” the apex court order noted.
TRENDS
SC grants bail to AAP MP Sanjay Singh in liquor policy case
ED's decision not to contest his bail plea came after a nudge by the Supreme Court during the course of the hearing. SC noted that Singh had been in custody for six months now and the allegation of receiving Rs 2 crore bribe against him can be tested during trial.
