LEGAL-TRENDS
SC sentences Vijay Mallya to 4 month jail in contempt of court case
Mallya had disbursed an amount of $40 million to his family members in violation of court orders.
LEGAL-TRENDS
Consider Vivo's representation on frozen bank accounts, Delhi High Court tells ED
The court will hear Vivo's plea for quashing freezing order for its bank accounts on July 13 before which the ED has been asked to decide on Vivo's representation.
LEGAL-TRENDS
Supreme Court grants interim bail to Mohammad Zubair in UP Police case
Zubair will, however, stay in jail, as he was ordered in 14-day judicial custody on July 2 in a separate case in Delhi. The Supreme Court, too, has said the interim relief is only in the Sitapur Police case
POLITICS
Maharashtra crisis: Supreme Court refuses to stay floor test scheduled for tomorrow
The result of the floor test, however, will be subject to the outcome of the apex court's decision in the case involving the disqualification notice issued to 16 rebel Shiv Sena MLAs, the bench said.
LEGAL-TRENDS
Maharashtra Political Crisis: SC to hear today challenge to Guv notice for floor test
The petition filed by Shiv Sena chief whip Sunil Prabhu challenges the notice of Maharashtra Governor calling for a floor test in the state assembly on June 30.
LEGAL-TRENDS
Singapore panel rejects Future plea to terminate arbitration proceedings with Amazon
It noted that the CCI order keeping its approval for Amazon-FCPL deal in abeyance did not render arbitration proceedings unnecessary or impossible.
LEGAL-TRENDS
Maharashtra Political Crisis | Supreme Court gives rebel Sena MLAs time till July 12 to reply to disqualification notices
Issues notice to the Maharashtra assembly deputy speaker Narhari Zirwaalso also asks the government to ensure safety of the rebel MLAs and those of their families
LEGAL-TRENDS
Declare VT, British Raj call sign in Indian planes, as against sovereignty: BJP member to HC
The petitioner says that India is not a British territory and retaining the call sign prefix "VT" which denotes "Victorian and Viceroy territory" even after 75 years of freedom goes against the sovereignty and integrity of India.
LEGAL-TRENDS
Supreme Court refuses to release Nawab Malik, Anil Deshmukh for MLC polling
The MLC election in Maharashtra were scheduled for June 20.
BUSINESS
NCLAT judgment in Amazon-Future case sends a strong message, say experts
The setback faced by Amazon is also likely to act as a cautionary tale for others who are likely to seek CCI approval in line with regulatory compliance, legal experts believe.
FEATURES
Better call Salve: Why corporate law is such a lucrative practice
Be it slugging it out in court for Tata Sons and Cyrus Mistry or conducting due diligence in the Sony Picture Network India–Zee Entertainment Enterprises merger, corporate lawyers are always in the thick of things. Given the high stakes involved and their clients’ deep pockets, their services come for a price and they are the richest lawyers in the land, by far
LEGAL-TRENDS
NCLAT upholds CCI ruling to suspend approval for Amazon-Future deal
NCLAT has also upheld the penalty of Rs 200 crore imposed on Amazon and has directed the e-commerce giant to pay it within 45 days from today.
LEGAL-TRENDS
Delhi High Court agrees to hear Cloudtail's challenge against CCI raids on July 15
Cloudtail questioned raids on its premises on the ground that it is not named as a party in the probe order. CCI said Cloudtail's status as an alleged preferred seller on Amazon is being probed.
CORONAVIRUS
What kept law firms going during the pandemic
Unlike many other industries, which saw huge job losses, most law firms got by comparatively unharmed with their corporate practices keeping them afloat.
LEGAL-TRENDS
NCLT admits insolvency plea against National Textile Corporation
National Textile Corporation defaulted in its payment of dues to an operational creditor, leading to the NCLT admitting the creditor's petition for initiating corporate insolvency resolution proceedings.
LEGAL-TRENDS
Supreme Court lifts stay on Sahara group probe by Serious Fraud Investigation Office
The court also revived the lookout circulars that were issued by the agency against Subrata Roy and other persons.
LEGAL-TRENDS
CJI-led panel mulls extending tenure of 23 NCLT members
The Supreme Court is told that the panel headed by the CJI will meet again in the next 10 days to deliberate on the issue of tenure extension for members of NCLT who are set to retire this year.
BUSINESS
Petitioner moves Delhi HC second time against Hindujas’ plan to up stake in IndusInd Bank
Also, the petitioner wants the Delhi HC to stay an RBI rule that lets private bank promoters to keep up to 26% stake in banks.
LEGAL-TRENDS
Supreme Court eases curbs on sale of iron ore from Karnataka mines
LEGAL-TRENDS
Pegasus Spyware | SC extends deadline for finalising technical panel report
The interim report submitted before the court said that 29 mobile devices have been submitted by individuals to the panel for investigation
LEGAL-TRENDS
Perarivalan’s release: What made the SC rule the way it did?
The “inexplicable delay not on account of the prisoner (which) is inexcusable”, besides his good behaviour and education gained during these years in incarceration, helped the cause of the convict in the Rajiv Gandhi assassination case
LEGAL-TRENDS
GST Council recommendations not binding on states and Centre: Supreme Court
They result from a collaborative process and hold persuasive value, the court said.
LEGAL-TRENDS
SC tosses Cyrus Mistry's plea against order favouring Tatas
The court, however, agreed to expunge certain adverse observations made in the judgment against Mistry.
LEGAL-TRENDS
Supreme Court orders release of AG Perarivalan convicted in Rajiv Gandhi assassination
The Supreme Court invoked its powers under Article 142 to direct AG Perarivalan's release, which comes three days ahead of the thirty-first death anniversary of the former prime minister
