Vijay Mallya-owned Kingfisher Airlines today approached the Supreme Court challenging the Karnataka High Court's order directing it to deposit around 185 crores with the Income Tax Department as tax deducted at source (TDS) from its employees' wages.
There has been a curious turn of events in the SEBI-Sahara battle. SEBI‘s resounding victory on August 31st suffered a setback on December 5th.
The Sahara Group got nine weeks time from the Supreme Court to pay back Rs 24,000 crore with 15 per cent interest to over three crore investors in its two companies, with an immediate upfront payment of Rs.5,120 crore.
Concerned over recent incidents of arrest of people allegedly for posting offencive messages on social networking sites, the Supreme Court agreed to hear a plea to amend the Information Technology Act and sought Attorney General GE Vahanvati's help in deciding it.
Chief Justice of India S H Kapadia, who delivered several landmark verdicts including on appointment of CVC Chief, today bid adieu on his last working day at the Supreme Court.
The Supreme Court today decided to hear the Centre's plea seeking recall of its order for setting up a Special Investigation Team (SIT) comprising its retired judges to take over the probe into all black money cases.