TRENDS
Third PIL on Hindenburg-Adani controversy seeks probe into LIC, SBI investments in Adani companies
Filed by Congress leader Jaya Thakur, the plea also seeks investigation of the Adani group of companies under various laws under the supervision of a sitting Supreme Court judge.
TRENDS
Adani case: Will undertake enforcement action if found necessary, SEBI tells SC
Regulator tells Supreme Court it is already enquiring into the Hindenburg allegations, and since the matter is in the early stages of examination, it may not be appropriate to list details about the ongoing proceedings at this stage.
BUSINESS
MC Explains: Google vs CCI—the story so far
The National Company Law Appellate Tribunal is expected to start the final hearing in the case on February 15. Google has challenged a CCI order finding the tech giant guilty of abusing its dominant position in the Android ecosystem
BUSINESS
Govt engaging with G-20 countries to build international coordination on crypto assets policy: MoS for finance
In a separate response, FM Sitharaman said that the government has undertaken necessary consultations with stakeholders from time to time on crypto assets
TRENDS
'Make sure what is expected to be done, is done' Supreme Court tells Union on approving collegium recommendations
Justice Sanjay Kishan Kaul observed that certain issues with regard to judges' appointments were concerning.
TRENDS
Adani-Hindenburg row: Govt open to form committee to boost investor protection regulations
Solicitor General Tushar Mehta, appearing for the government, however said that the remit (area of authority or responsibility) of the committee is important since, it is bound to have larger ramifications. Therefore, he requested the bench to permit him to submit the remit of the committee along with a suggestion on the members of the committee in a sealed cover
TRENDS
SC directs Uber to apply for license in Maharashtra to continue its operations there
The bench observed that the law mandates that an aggregator cannot operate without a license and Uber cannot continue to operate on the basis of the SC’s earlier interim order
TRENDS
CJI Chandrachud administers oath of two new Supreme Court judges
The Supreme Court will now function at its full strength of 34 judges till the retirements of Justices Dinesh Maheshwari and MR Shah in May 2023.
TRENDS
Adani-Hindenburg row: SC asks SEBI to suggest measures to protect investors from market volatility
The Bench asked SEBI to apprise it of the existing regulatory framework for protecting investors, and whether it is necessary to put in place more measures to strengthen the mechanism.
TRENDS
Supreme Court dismisses PIL seeking ban of BBC in India; calls it misconceived
The petition, filed by Hindu Sena president Vishnu Gupta, alleged that BBC has been indulging in anti-India and anti-Indian Government propaganda.
TRENDS
Government introduces Vivad se Vishwas-2 to cut litigation costs, improve ease of doing business
With the government spending over 50 crore in lawyers’ fees in 2021-22, and with a large number of disputes being decided in favour of private parties with penal rates of interest, the government has realised that it's in its interest to minimise litigation.
TRENDS
Govt referred back 10 reiterated recommendations for appointment of judges back to SC Collegium
There have been instances in the past when the collegium had agreed to the views expressed by the Government and recalled its reiterated recommendations, law minister said in a response
TRENDS
Which lawyer represented Adani in key deals since 2022?
Cyril Amarchand Mangaldas represented the Adani Group in many deals, while other firms like Clifford Chance have also been engaged.
POLITICS
Supreme Court to hear AAP’s plea seeking mayoral election in MCD on Feb 13
Both the BJP and AAP have accused each other of preventing the mayoral polls, with the bone of contention being the appointment of aldermen and their voting right in the House.
TRENDS
When judges become politicians, what does the law say?
Calcutta High Court judge Abhijit Gangopadhyay recently hinted that he was going to resign and join politics.
TRENDS
Supreme Court refuses to grant relief to Rapido against Maharashtra ban
The court observed that the motor vehicles act makes it clear that aggregators cannot operate without a license
TRENDS
Supreme Court rejects petition challenging Victoria Gowri’s appointment as a judge of Madras High Court
The bench observed that the collegium would have taken such materials into consideration and passing a judicial order in this regard, would amount to questioning the Collegium's wisdom.
BUSINESS
Budget 2023: Vivad se Vishwas scheme may not be suitable for large disputed amounts, lawyers say
A section of lawyers said the scheme encourages arbitration as it provides finality to the proceedings
TRENDS
Supreme Court agrees to hear challenge to appointment of Victoria Gowri as Madras HC judge on Feb 7
Moments after the court agreed to hear the case, the Union government notified L Victoria Gowri’s appointment as a judge.
TRENDS
Adani route triggers PIL seeking probe into Hindenburg report by retired SC judge
Filed by lawyer Vishal Tiwari, the PIL states that the government has not taken any concrete action so far, despite the Hindenburg report being a massive attack being perpetrated on the economy of the country
BUSINESS
UP creates 5 lakh jobs in 6 years to be a $1-trillion economy, says Yogi Adityanath
The CM said that the state has 96 lakh micro, small and medium enterprises (MSMEs) which can accelerate the economic growth of the state and increase jobs
TRENDS
Budget 2023: CJI Chandrachud hails Rs 7,000-crore allocation to e-courts project
The allocation for the third phase is a four-fold jump from Rs 1,670 crore granted for the second phase of the digital upgrade of courts in 2015
BUSINESS
Food price set to fall as auctioned wheat reaches markets, says government
The Food Corporation of India has asked winning bidders of the first e-auction which was held on February 1 and 2, to remit the cost and lift the stock immediately from concerned depots
INDIA
Govt processing 142 HC collegium recommendations for appointment of judges: Law minister
The Allahabad High Court and Punjab and Haryana High Court make up the maximum of these 142 proposals, with nine recommendations.
