TRENDS
Decriminalise more provisions in tax laws in Budget 2024, say lawyers and CAs
Right now, criminal prosecution in income tax law gets triggered even for trivial human errors such as delays in deposit of withholding taxes, they say. These and similar other provisions do not help build an environment of trust between the taxpayer and the authorities, experts say.
TECHNOLOGY
Bombay HC delivers split verdict on challenge to IT Rules on content fact-checking
As per the existing convention the case will now be referred to a third judge by the Chief Justice of Bombay High Court. It was orally told in the court that the Chief Justice may take sometime to allocate the case to a third judge.
TRENDS
MC Explains: What led the Madras HC to bar the entry of non-Hindus into temples
An incident at the Lord Muruga temple in Palani triggered the case. While the government authorities argued against putting up board barring entry of non-Hindus, the HC said that a temple is not a picnic spot and non-Hindus should not be allowed beyond a certain point.
TRENDS
Judiciary secures Rs 8,000 cr allocation during SC Chief Justice Chandrachud’s tenure
The recent allocation of Rs 800 crore is perhaps the largest capital expenditure allocation for the SC since 2012. While the CJI has never shied away from criticising or passing orders against the government, there have been no instances of friction between him and Prime Minister Narendra Modi.
BUSINESS
NCLT dismisses Wilmington's insolvency plea against SpiceJet
Wilmington had moved an insolvency plea against SpiceJet in June 2023 over unpaid dues. In May 2023, the DGCA deregistered three planes of SpiceJet at the request of lessors, one which belonged to Wilmington
TRENDS
Delhi HC gives SpiceJet February 15 deadline to pay lessors $4 million
The HC has warned the airline that in the event it does not pay the money, it will be constrained to pass orders in the application seeking the engine's grounding.
TRENDS
SC gives Maharashtra speaker February 15 deadline to decide on NCP MLAs disqualification
In December 2023, the SC had granted Rahul Narwekar, the speaker of Maharashtra assembly to decide the pleas against NCP MLAs by January 31.
TRENDS
SC takes over proceedings that led to confrontation between Calcutta HC judges
On January 27, the SC stayed proceedings at the Calcutta High Court relating to the alleged medical college admission scam.
TRENDS
SC stays proceedings that led to confrontation between two Calcutta HC judges
The five judge bench of the apex court led by Chief Justice of India DY Chandrachud further stayed the order of the single judge of Calcutta High Court ordering a CBI probe into the alleged scam. The bench has issued notice to the State of West Bengal and the original petitioner in the case.
TRENDS
Who is a Solicitor General? Why is the post important to the government?
Assessing the role and duties of an SG and whether an SG can disagree with the government
TRENDS
Sebi gets SC stay on SAT order in Karvy case, NSE, NSDL pleas listed for Jan 29
While the SAT's direction was to SEBI, National Stock Exchange (NSE) and National Securities Depositories Limited (NSDL), SC has granted interim relief only to SEBI. The apex court will hear pleas by NSE and NSDL for interim reliefs on January 29.
TRENDS
French digital services company Teleperformance files insolvency plea against Byju's
This is the second plea to be registered at NCLT against Byju's, first being the plea filed by Board of Control of Cricket in India (BCCI) in November 2023.
TRENDS
SC turns down Airtel plea for clarification in order asking it to pay Rs 112 crore to Aircel
As a consequence of SC's decision not to entertain the plea, Airtel chose to withdraw its application.
TRENDS
CCI junks abuse of dominance plea against Ola electric, Hero, TVS and Ather
The petitioner had alleged that the companies were pricing their vehicles in violation of the subsidy under FAME provisions, making the market uncompetitive for small manufacturers.
TRENDS
Justice Prasnna B Varale sworn in as Supreme Court judge
With this appointment, the Supreme Court will function at its full sanctioned strength of 34 judges. Varle's is the first appointment to the Supreme Court in 2024.
TRENDS
'Engine leased to SpiceJet unserviceable now' lessor tells Delhi High Court
The lessor's statement came after it inspected the engine upon its grounding by SpiceJet. Engine lease claimed that the engine, which is currently in SpiceJet's possession is not being maintained as per the Boeing's aircraft manual, thereby causing harm to expensive equipment.
BUSINESS
Ayodhya will be a model for sustainable development for all Indian cities: Dikshu Kukreja
Kukreja, who played a large part in drafting the plan for the temple city says that apart from the environmental aspect, the plan is for a modern conurbation that is firmly in touch with its ancient roots
TRENDS
CCI’s turnover regulations to provide much needed clarity on antitrust penalties, say experts
The Competition Commission of India has invited expert comments on the draft regulations till January 25, 2024. This is for the first time that the CCI has come up with regulations to determine the turnover of an enterprise to impose penalties for antitrust violations.
TRENDS
SC cancels bails granted to Wadhwan brothers in DHFL bank fraud case
The Central Bureau of Investigation (CBI) has alleged that the Wadhwan brothers caused a wrongful loss of Rs 34,615 crore as on July 31, 2020.
TRENDS
NCLT defers Go First case to Feb 29, last effective hearing was in Nov 2023
The hearing was deferred after NCLT declared half a day holiday on January 22, owing to the 'Pran Pratishta' ceremony at Ayodhya Ram temple
TRENDS
Zee-Sony merger: What litigation did Zee fight to keep the deal afloat?
ZEEL chief executive Punit Goenka and his father Subhash Chandra huffed and puffed and managed to blunt a series of adverse rulings against them by market regulator SEBI and company law adjudicator NCLT at the appellate level. That, however, did not prevent Sony Pictures from calling off its $10-billion merger deal with ZEEL. Here’s a look at the various cases.
TRENDS
SC to start hearing Google's plea against Rs 1,338-cr anti-trust fine from Apr 30
The Chief Justice of India (CJI) DY Chandrachud orally indicated that the case will be listed on April 30, 2024. The lawyers for both the sides told the court that they would require four days to argued the case as it raises certain new questions of law.
TRENDS
Madras HC junks appeals by bunch of Indian start ups against Google's billing policy
The court has however protected these start ups for three weeks by asking Google not to de-list their mobile applications till then. These companies may now have to approach the Supreme Court, should they wish to appeal against this order.
TRENDS
Jet Airways case: Setback for JKC as SC directs it to deposit Rs 150 crore in 2 weeks
The court has held that in case JKC does not furnish the bank guarantee, the consequences of law will follow. The NCLAT will now have to decide the appeal by State Bank of India challenging the transfer of Jet Airways' ownership to JKC by end of March 2024.
