LEGAL-TRENDS
LIC IPO | Supreme Court refuses to interfere in the IPO process, rejects interim relief
The SC issued notice on petitions challenging passage of Finance Act 2021 as money bill and amendments made to LIC Act accordingly. The court referred the question of money bill to a larger bench.
LEGAL-TRENDS
Marital rape gets split verdict by Delhi High Court on criminalisation
The judgment comes on a batch of petitions that challenged the exception of marriage to the provision of rape under Section 375 of the Indian Penal Code
LEGAL-TRENDS
Sedition Law | Supreme Court asks Centre, states to keep Sec 124A in abeyance till reconsideration
The Supreme Court has asked the government to refrain from registering cases under existing sedition law until the time the government's recosnideration of the law is in process.
LEGAL-TRENDS
Sedition law| SC asks govt plan on existing pending cases under law during reconsideration
The government in its affidavit informed the Supreme Court that it has decided to re-examine and reconsider the law on sedition and urged the court to defer hearing the case on sedition law's validity.
LEGAL-TRENDS
Decided to re-examine sedition law, Centre tells Supreme Court
Earlier this month, the government had said that the law on sedition was well settled and did not need a relook by the Supreme Court.
LEGAL-TRENDS
Supreme Court agrees to hear Meru's appeal in Ola 'predatory pricing' case
NCLAT had in January upheld CCI's finding which said Ola was not in a dominant position to abuse its position in Bengaluru as claimed by Meru
LEGAL-TRENDS
SC upholds Maharashtra's decision to attach 63 Moons assets under depositor protection Act
Sets aside the judgment of the Bombay High Court that had quashed the notifications by the state government against 63 Moons
TRENDS
BDO India said to have fired senior partner after internal probe finds him guilty of sexual misconduct
The complainant, who was informed earlier this month that the senior partner was no longer with BDO India, said she felt vindicated.
LEGAL-TRENDS
SC directs status quo on Bombay HC order for cab aggregators to comply with 2020 guidelines
In March this year, the Bombay High Court asked Ola, Uber, and other similar platforms to apply for licenses under the 2020 guidelines by March 16 for being able to continue with their operations in the state of Maharashtra.
CURRENT-AFFAIRS-TRENDS
Jahangirpuri Demolition | Supreme Court to take 'serious view' of bulldozer razing properties despite status quo order
The court has extended the status quo order against demolition action in Jahangirpuri area until further orders and will har the case next after two weeks.
LEGAL-TRENDS
Delhi HC asks RBI to review plea seeking probe into Hindujas as promoters of IndusInd Bank
The Delhi High Court asked the RBI to look into the allegations of irregularity against IndusInd Bank promoters made by the petitioner.
LEGAL-TRENDS
DHFL resolution: Supreme Court stays NCLAT January order, to hear appeal on May 5
The NCLAT had termed it "illegal" for proceeds from avoidance applications to be appropriated by the successful applicant rather than to be disbursed among creditors.
CURRENT-AFFAIRS-TRENDS
Explained: Criminal Procedure (Identification) Bill and data collection
A new law that widens the scope and ambit of identity information that can be collected from people to help solve criminal cases has raised concerns over privacy and protection of data.
COMPANIES
Amazon-Future | Supreme Court closes case as arbitration to resume before Singapore tribunal
The apex court has asked the SIAC tribunal to consider the Future group's application, seeking termination of the proceedings under the provisions of the Arbitration and Conciliation Act
LEGAL-TRENDS
Delhi High Court to consider plea for uniform banking code for forex transactions
The Delhi High Court has sought responses from ministries of home affairs, finance, and law and justice on this plea filed by advocate and BJP leader Ashwini Kumar Upadhyay.
BUSINESS
Petition challenging electoral bonds scheme to get hearing, says Supreme Court
“If it was not for COVID, we would have heard these matters…”, Chief Justice of India NV Ramana said after Prashant Bhushan, representing the petitioner Association for Democratic Reforms, sought urgent listing of the plea owing to the scheme's significance for political funding.
LEGAL-TRENDS
PIL in Delhi HC seeks SIT probe against Hinduja Group as IndusInd Bank promoters
The PIL also seeks a stay on IWG recommendations for increasing the shareholding cap for promoters in private sector banks to 26 percent.
LEGAL-TRENDS
Planning a career as securities lawyer? Here’s what you need to know
The role of a securities lawyer involves advising clients, representing them before regulators in case of a dispute and when show-cause notices are issued, and appear on behalf of clients in courts.
COMPANIES
Amazon has destroyed us, Future Retails tells Supreme Court
The apex court was hearing Amazon's plea seeking to restrain Future Retail from alienating its retail assets until the arbitration between the US-based e-commerce giant and the Future group concludes
LEGAL-TRENDS
Why court rejected SpiceJet promoter Ajay Singh's anticipatory bail plea
The reason cited by the court in its detailed written order, made available in the public domain on March 31, was the gravity of the offence alleged against Singh.
COMPANIES
SpiceJet has settled payment dispute with Credit Suisse, Supreme Court told
The payment dispute with Credit Suisse had formed the basis for the Madras High Court to order winding-up of the airline.
COMPANIES
'Consider paying interest and wrap it up', SC asks SpiceJet to settle dispute with Maran
SpiceJet told the Supreme Court on March 31 that it has settled the dispute with Credit Suisse which had led to the Madras High Court ordering the winding-up of the airline.
LEGAL-TRENDS
Delhi court rejects SpiceJet promoter Ajay Singh's anticipatory bail plea, written order awaited
The protection from arrest for Singh was granted till March 28. The case was taken up for hearing once this period lapsed.
LEGAL-TRENDS
SC agrees to hear SEBI's challenge to order quashing Rs 6-crore fine on NSE
The Securities Appellate Tribunal had quashed the SEBI order, saying NSE's actions were not in violation of SECC rules
