S.n.thyagarajan: Read latest news from Moneycontrol journalist/contributor S.n.thyagarajan

TRENDS

SC upholds SAT order setting aside SEBI penalty against Apollo Tyres

During the course of the hearing the SC bench led by Justice Sanjiv Khanna criticised the market regulator for appealing against every order of the SAT that has gone against them.

POLITICS

Winter Session of Parliament: New criminal laws, other key legislations to watch out for

The government has tentatively listed 19 items of Legislative Business and two items of Financial Business for consideration during the winter session.

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Zee-Sony merger: IDBI trusteeship files appeal against Subash Chandra at NCLAT

The appeal challenges the order of NCLT, Mumbai rejecting its claim and giving a go ahead to the merger of media giants Zee Entertainment Enterprises Limited and Sony. The NCLT had rejected IDBI trusteeship's objection to the merger

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Go First case: Lessor files contempt in HC, alleges wilful non-compliance of orders

The lessor, who has leased to aircrafts to Go First, has also contended that there is an apprehension that the components of the aircraft have been 'cannibalised' . The lessor has also contended that RP has not permitted them to inspect the aircrafts from September onwards.

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Go First case: NCLT the only tribunal to adjudicate all IBC disputes, RP tells Delhi HC

The arguments were made in a bunch of writ petitions filed by the lessors of the Go First against the Director General of Civil Aviation (DGCA) to deregister their aircraft

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Pawan Munjal offers to deposit Rs 25 crore against assets seized by ED

Munjal's lawyers made the statement while the high court was hearing an application by ED seeking status quo of the assets they had attached on November 10.

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Tech services provider moves insolvency plea against SpiceJet over Rs 2.7 cr default

The plea came up for hearing at the National Company Law Tribunal (NCLT) in Delhi on November 30, wherein the tribunal has sought for SpiceJet's response. The case is now likely to come up for hearing on January 9, 2024

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Access to justice not a choice, but a vital necessity for Global South: Amitabh Kant

According to Kant, in the absence of access to justice, growth in global south will neither be feasible nor be possible.

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Dhankhar urges Global South to follow India in shedding exploitative colonial laws

Vice President Dhankhar said "By very nature, these laws were aimed to be harsh and exploitative for the local population. Time has come (for the global South) to follow India’s example and emulate the same.”

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New criminal law bills will bid adieu to the colonial mindset: Sr Adv Sanjay Jain

Jain suggested further simplification of the tax regime, further digitisation of government services, and creating channels for regular feedback from the business community to reduce the compliance burden.

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NCLAT defers final hearing of Google's appeal against CCI's Rs 936 crore penalty

The NCLAT released a notice on November 24 deferring the hearing of Google's appeal, the appellate tribunal was to commence the hearing on November 28.

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Adani row: SEBI can't investigate based on media reports, no material to doubt SEBI, says CJI

The CJI while clarifying that he is not discrediting the authenticity of any media outlet, noted that media reports are not amenable to scrutiny like SEBI's investigations are

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Member of SC panel on Hindenburg issue appointed as judge of Bombay HC

Law minister Arjun Ram Meghwal took to X to confirm the news of Sundaresan's appointment to the Bombay High Court

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SC to hear pleas against electoral freebies on November 29

On November 22, senior advocate Vijay Hansaria, who appeared for the petitioner commenced the arguments and told the court that it would first determine what would constitute a freebie and what would constitute a social welfare scheme

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Go First insolvency resolution gets 90-day extension from NCLT

RP says no bid or resolution plan has ben received for Go First as yet.

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SC to hear review of same-sex marriage judgment on Nov 28, lawyers seek open court hearing

Review petitions and curative petitions are usually heard in chambers of the judges and not in open court.

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NCLAT defers Jet Airways case to Dec 11 amid exchange of allegations between JKC, lenders

The NCLAT made it clear that they will not entertain any request for adjournment on December 11 and that the case will be heard at 2 pm

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SC commences hearing of pleas against electoral freebies, AAP says plea 'ideologically tailored'

The top court was hearing a PIL, which opposes the practice of political parties promising freebies during elections and seeks the Election Commission to invoke its powers to freeze their election symbols and cancel their registration

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Lawyers urge SC to constitute a 7-judge bench to hear challenges to sedition law

It was argued that in 1962, a 5-judge bench of the Supreme Court upheld the validity of sedition law in Kedarnath Singh's judgment and hence it needs to be placed before a 7-judge bench if the 5-judge judgment needs to be reviewed

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Spicejet case: Aircraft lessor moves Delhi HC to recover money awarded by UK Court

The HC has sought the airline's response to the plea and the case is likely to come up for hearing in February

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Dousing farm fires: SC urges Punjab, Centre to find alternative to paddy in the state

The court a committee led by the cabinet secretary must look for ways to discourage rice cultivation in Punjab as wells running. It asked the Centre and state to work together to find a solution

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SC asks Delhi to divert entire ad budget to RRTS, keeps order in abeyance for a week

The court noted that the RRTS project is very important to curb air pollution in the national capital. Justice Sanjay Kishan Kaul also took note of the fact that the advertising budget of the Delhi government for the last three years was Rs. 1100 crore and it is Rs. 550 crore for this year alone.