TRENDS
OTTs outside the purview of TRAI ACT, TDSAT says in plea against Hotstar
The appellate tribunal has held that OTTs can only be regulated by the Information Technology Act, 2000 and the rules under it.
TRENDS
Delhi HC defers SpiceJet chief's bail plea as lawyers say settlement terms being finalised
A Delhi businessman, and his family, alleged that Singh did not give him the shares despite entering into a share purchase agreement for 10 lakh shares, for a consideration of Rs 10 lakh. High Court is likely to hear the case on October 19
TRENDS
Aviation lease agreements exempted from moratorium to rationalise future lease rates: Sr official
Prior to this notification, when an airline filed for insolvency, moratorium would apply and the lessor would not have been able to take back leased aircraft and helicopters from the company immediately, owing to ambiguity in law. The exemption from moratorium changes that.
BUSINESS
Go First in Delhi HC: RP seeks adjournment after aircraft, engines exempted from moratorium
Senior advocate Neeraj Kishan Kaul, who appeared for the RP told the court that he will have to consult with the Committee of Creditors (CoC) to understand the further course of action in the case
TRENDS
Go First case: NCLAT permits another lessor to inspect leased aircraft
Bluesky is the third lessor to have secured this order from the NCLAT since August 2023. The first two being Engine Lease Finance BV and Jakson Square Aviation.
TRENDS
Delhi HC gives SpiceJet time till October 16 to settle with engine lessor
The court indicated that it will pass an order restraining SpiceJet from using the engine if the issue is not amicably settled.
TRENDS
Rs 2,159.70-cr draft assessment order: Maruti Suzuki may end up in litigation for 2-5 years, say experts
But if the Dispute Resolution Panel (DRP) rules in favour of Maruti Suzuki, the issue could be resolved earlier, they added.
TRENDS
Go First case: Uncertainty looms over hearings as case placed before NCLT president
The bench directed Go First's case to be placed before the president since Khandelwal and Bhatnagar are no longer sitting together owing to a reshuffle in the bench combinations
BUSINESS
Govt excludes aircraft, aircraft engine and helicopter-related transactions from moratorium
The government's notification to exempt transactions involving aircraft, aircraft engines, and helicopters from moratorium coincides with the ongoing insolvency proceedings of Go First.
BUSINESS
GST fitment committee proposes no tax cut for EV batteries, tobacco products
The industry had sought uniform additional compensation cess on cigarettes, bidis, smokeless tobacco products and lower compensation cess on cigarette sticks up to 70 mm. The industry had also sought lowering of GST on electric vehicle (EV) batteries from 18 percent to 5 percent.
TRENDS
Jet Airways case: Lenders question source of JKC's Rs 200 crore before NCLAT
Appearing for JKC, senior advocate Krishnendu Dutta, argued that the lenders are objecting to JKC's every move as they do not intend to transfer the ownership of the airline to them.
TRENDS
NCLAT issues notice to CCI, Uber in Meru's appeal alleging anti-competitive practices
Despite Meru's appeal having been filed in October 2021, the NCLAT issued notice in the case in October 2023.
TRENDS
No legal bar on restaurants imposing service charge: NRAI informs Delhi HC
Lawyer Lalit Bhasin, who appeared for NRAI argued that service charge is an agreement between a restaurant management and its staff, hence it should be dealt with the authorities under the labour laws.
TRENDS
Maran Vs SpiceJet: Delhi HC defers hearing of the case to October 9
The case, which was listed for hearing at 2:15 PM was adjourned as the bench could not assemble.
BUSINESS
Supreme Court orders release of M3M directors, says ED action arbitrary
The court said the ED arrested Pankaj Bansal and Basant Bansal without informing them about the reasons for their arrest. The ED probe against them will continue
TRENDS
SILF, Bar Council of India in talks over rules for foreign law firms' entry
SILF president Lalit Bhasin says the association was not opposed to the entry of foreign law firms; for a phased, sequential entry of foreign law firms, following the Singapore model.
TRENDS
Retrospective tax notices: Online gaming firms should approach govt, GST Council over 28% tax, say experts
The companies could push for the GST Council to implement these tax changes prospectively rather than retroactively, thereby mitigating immediate financial hardships, legal experts say.
BUSINESS
Jet Airways aircraft deal delay forcing us to seek alternatives: Challenge Airlines CEO
Eshel Heffetz, CEO, Challenges Airlines, told Moneycontrol, that while they have confidence in the Indian judiciary, it was starting to grow concerned by the mounting legal cost and the ultimate price tag for the work that will be needed to reactivate the aircraft.
BUSINESS
Women want to know how a politician will improve their lives: Former MP Sushmita Dev
The Trinamool Congress leader noted that women have unique expectations from the government, which are very different from those of men.
BUSINESS
'Parties must inspire women to be involved in politics for reservation Bill to succeed'
Women should not be restricted to soft positions in politics said CSDS Director Sanjay Kumar.
BUSINESS
Women’s Bill may have to wait till 2034 elections to come in force
Sanjay Kumar, director at the Centre for the Study of Developing Societies (CSDS), noted that to complete the process of delimitation, the government will have to wait for 2031 census data that may be available only in 2033
BUSINESS
Akasa Air case: DGCA can act against pilots who violate civil aviation regulations, rules Delhi HC
The order was passed, however, in light of future infractions and not for past mass resignations in the airline.
TRENDS
SC to hear ex AP CM Naidu's plea seeking quashing of FIR on October 3
Despite the case being listed for hearing today, the court could not take it up as Justice SV Bhatti recused from it.
TRENDS
Karnataka HC defers hearing X's appeal against Rs 50-lakh penalty to October 4
Hearing in the case was deferred on the request by government counsel.
