NCLT Bengaluru delivers a divided decision on granting interim relief to investors to halt the rights issue of Byju's
The Supreme Court on April 2 refused to exempt Patanjali Ayurved promoter Ramdev and managing director Acharya Balkrishna from personal appearance even as it came down hard on the Centre for failing to act against the company’s claims during Covid outbreak. The court said Ramdev and Balakrishna’s affidavits apologising for violating their undertaking on advertisements for their medicinal products was mere “lip service”. It, however, refrained from passing any adverse order and granted them a week to file an affidavit. The case will now come up for hearing on April 10.
“If the State has essentially created financial hardship because of its own financial mismanagement, such hardship cannot be held to be an irreparable injury that would necessitate an interim relief against Union,” the apex court order noted.
ED's decision not to contest his bail plea came after a nudge by the Supreme Court during the course of the hearing. SC noted that Singh had been in custody for six months now and the allegation of receiving Rs 2 crore bribe against him can be tested during trial.
The court has not exempt Ramdev, Balkrishna from personal appearance, gives them a week to file affidavit. The court asked the Centre why it failed to intervene effectively when Patanjali went to town claiming Covid cure.
The ED made these submissions in the plea to establish that the Delhi Chief Minister was not cooperating with the investigation and should thus be remanded to a 15-day judicial custody.
The court has, however, ordered a status quo on worship by both Hindu and Muslim sides. The Muslims can continue to enter and offer prayers at the mosque from the northern side, while the Hindus can enter from the south
Kejriwal's conduct has been non-cooperative and he is giving evasive replies, ASG V Raju said. The ED may require further custody in future, he added.
The court has referred the larger question of whether a state can sue the Centre over fiscal issues to a constitution bench
If a company fails to comply with the conditions defined in the Companies Act when calling for an EGM, the decisions taken in the EGM may be be invalidated if challenged at the NCLT.
While the ED has maintained that Kejriwal is the kingpin of the alleged Delhi excise policy scam, the CM has contended that there is a deliberate attempt by the law enforcement agency to arrest him on the cusp of the upcoming general elections.
The development comes a day after the Delhi High Court's refusal to grant interim relief to Kejriwal who was arrested by ED officials last week
The letter alleged that the vested interest groups use methods such as propagation of false narratives about a ‘golden era’ of the judiciary, aimed at discrediting current proceedings and undermining public confidence in the courts.
Earlier today, Kejriwal urged the Delhi High Court to order his immediate release from ED custody, contending his arrest on the cusp of elections was against the basic structure of the Constitution
The HC also raised concerns about the arbitral clause in Google's Advertisement Terms stating that in case of a dispute , the arbitration will be held in California. The court questioned Google as to how small companies would able to avail the arbitration clause if the proceedings are to take place in California
In its judgment, the apex court dealt at length about the perils of a pre-trial injunction granted against media houses. Pre-trial injunctions are those granted in the initial days of hearing of the case before it could go to trial
The senior lawyer said that all laws made by the government are subject to the scrutiny of constitutional courts, when the law is struck down, the sovereign guarantee under the law also goes.
The plea is expected to come up for hearing on March 21. The NCLT dismissed the plea on January 29.
Alterna had filed the plea to recover $11.1 million and GBP265,000 awarded to it by English courts against SpiceJet
Meanwhile, the HC has directed the RP to file a reply to its show cause notice asking why contempt of court proceedings should not be initiated against him.
However, they feel that two co-existing anti-trust laws may lead to over-regulation and add to the compliance burden of firms, the burden of which ultimately the consumer may have to bear.
The SCBA also condemned Aggarwala's letter stating that it was an attempt to undermine the authority of the Supreme Court of India.
While SBI had said it would require time to match the details of the donor with the political party they have donated to, Supreme Court clarified that it need not do any such matching and it would have to submit the details that are readily available with it.
According to Desai, the effects of the new laws on the criminal justice system and in investigations may take five to seven years to fully pan out.
The SC started hearings via videoconference in 2020 against the backdrop of COVID-induced social distancing norms. It has continued them since then, thanks to Chief Justice DY Chandrachud's efforts.