LEGAL
Who is Justice (retd) Khanwilkar, the new chairperson of Lokpal?
In the Supreme Court, Khanwilkar was a member of the collegium for over a year. When he retired in 2016, he was the third-most senior judge of the court.
BUSINESS
Indiabulls revives personal insolvency plea against Zee's Subhash Chandra at NCLT
IBHF argued the case for over an hour at the National Company Law Tribunal (NCLT) on February 28. The case is likely to be heard again on March 4.
BUSINESS
Supreme Court rules against TDS applicability on SIM card sales to distributors
Telcos not liable for deducting TDS for selling pre-paid SIM cards to its distributors, says SC
BUSINESS
NCLT issues notice to Byju's on insolvency plea filed by US lenders
The NCLT directed Byju's to file a response to the plea and listed the case for hearing in April 2024.
TRENDS
Gyanvapi case: Hindu side files caveat in Supreme Court
Shailendra Kumar Pathak Vyas, the original petitioner in the case, has requested the top court to hear him before deciding on any challenge to the the recent Allahabad High Court order allowing prayers in the cellar
TECHNOLOGY
Byju’s can go ahead with rights issue as NCLT passes no immediate interim order
The tribunal has directed the parties to file written submissions of their contentions in three day and has also issued notice to Ministry of Corporate Affairs (MCA) and Registrar of Companies (ROC).
TRENDS
SC contempt notice to Ramdev's Patanjali, Balakrishna; bans BP, diabetes, other drug ads
The court bars the company from publishing ads claiming to cure illnesses such as BP, diabetes, epilepsy and lupus, which are covered under the Drugs and Magic Remedies Act. There are 54 disease mentioned in the act
TRENDS
Investors Vs Byju's: What has been argued in NCLT so far?
The investors alleged that the company's move to call for rights issue is illegal and contrary to law and sought a stay of it, while the board of directors of the company argued that the investors were creating obstructions to the company
TRENDS
NCLT to hear investors' oppression and mismanagement plea against Byju's tomorrow
The plea will be heard by a bench of judicial member K. Biswal and technical member Manoj Kumar Dubey. This is the fifth plea filed against Byju's in NCLT and fourth filed in 2024.
TRENDS
SC issues notice in Chitra Ramakrishna's plea in against penalty in 'dark fiber' case
A bench of SC comprising Justices Sanjiv Khanna and Dipankar Dutta further directed Ramakrishna to deposit 50 percent of the Rs. 25 lakh penalty to stay the operation of the SAT order.
TRENDS
SC asks trial court not to hear 'retweet' defamation case against Arvind Kejriwal
The court has however not issued notice in the appeal by Kejriwal as it noted that it would like to hear the case at length before passing any order. The case is now likely to come up for hearing on March 11.
TRENDS
SpiceJet tells NCLT: 'Matter settled with Celestial Aviation, only formalities remain'
Senior advocate Krishnendu Dutta, who appeared for SpiceJet told the tribunal that they have already paid some money and urged the tribunal to adjourn the case so that they can file the requisite application apprising the court of the settlement
TRENDS
In The Crosshairs: What is a lookout circular? Who can issue it? Can it be challenged?
In its recent decision quashing an LOC against actor Rhea Chakrabarty, the Bombay High Court noted that LOCs can only be issued when a person deliberately evades arrest or does not appear in the trial court, or does not cooperate with the investigation.
TRENDS
Delhi HC junks Mahua Moitra's plea against ED for allegedly leaking info to media
Moitra had alleged that the information regarding the ED probe against her under the Foreign Exchange Management Act (FEMA) had reached the media before it could reach her.
TRENDS
NCLAT defers hearing of challenges against Zee-Sony merger to March 18
IDBI Bank, IDBI Trusteeship and Axis Trusteeship challenged the National Company Law Tribunal (NCLT) order from August granting a legal sanction to the merger.
TRENDS
MC Explainer: What is internet shutdown? What has the Supreme Court said about it?
The SC had ruled that internet shutdowns can be authorised only under extraneous circumstances.
TRENDS
Delhi HC directs SpiceJet to pay $2 million to lessors by February 29
On January 29, the HC asked SpiceJet to pay $4 million by February 15. However, the airline paid only $2 million by the deadline citing financial constraints and urged an extension till February 29.
TRENDS
ITAT reserves orders in Cong's plea seeking stay of IT dept's action on bank account
During the course of the hearing, Congress's advocate argued that contrary to what the IT claimed, the political party is constrained for funds since it needs resources to fund campaign for the upcoming elections
TRENDS
Contributions will remain immortal: ASG Venkatraman’s ode to Fali Nariman
Fali Nariman's voice on press freedom, issues of public importance, and upholding democratic values as a pre-condition for the survival and betterment for future generations would continue to echo, ASG Venkatraman said.
TRENDS
MC Explainer: Maratha reservation and constitutional complications
The Maharashtra assembly passed a bill allowing 10 percent reservation for the Maratha community. However, similar attempts in 2014 and 2018 were struck down by the courts because they violated the 50 percent ceiling on reservation.
TRENDS
Arvind Kejriwal moves SC against defamation case over video retweet
Kejriwal's case is likely to be heard by a bench led by justice Sanjiv Khanna on February 23.
TRENDS
US-based Glas Trust Company registers insolvency case against Byju's at NCLT
This is the fourth insolvency plea filed against the ed tech company in less than six months. Though the plea was filed on January 22 it was registered on the file of NCLT on February 21.
POLITICS
Cong under no financial stress, have enough funds to contest upcoming polls: IT dept tells ITAT
According to IT department, the Congress has a corpus of Rs. 657 crore, fixed assets of Rs. 340 crore in addition to cash and cash equivalent of Rs. 380 crore.
TRENDS
TN Sterlite plant: Vedanta agrees to expert committee review for Tuticorin copper smelter reopening
According to Vedanta, the committee should make recommendations and suggest conditions for resumption of operations of its copper smelter plan. The committee may also suggest additional environmental safeguards, if required.
