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Four-Year Tenure For Tribunal Members Insufficient, Petitioners Tell Supreme Court In Challenge To Tribunal Reforms Act
The Supreme Court on Thursday(October 16) heard the Madras Bar Association case concerning the validity of the Tribunals Reforms Act 2021. The bench comprising Chief Justice of India BR Gavai and Justice K Vinod Chandran heard the issues pertaining to the reduction in tenures of members and Chairpersons of Tribunals across the country.Previously, Sr Advocate Arvind Datar, appearing for...
Supreme Court Dismisses Roche's Plea To Restrain Natco From Making Generic Drug For SMA; Asks Delhi HC To Decide Patent Suit Soon
The Supreme Court on Friday dismissed the petition filed by Swiss pharmaceutical giant F Hoffmann-La Roche AG against the Delhi High Court's order allowing Natco Pharma to manufacture and sell a generic drug of Risdiplam, a drug used to treat Spinal Muscular Atrophy (SMA).A bench comprising Justice PS Narasimha and Justice AS Chandurkar declined to interfere with the High Court's order,...
NCLT Ahmedabad Admits Gensol-Linked Entity Blu-Smart Mobility Tech Into Insolvency
The National Company Law Tribunal (NCLT), Ahmedabad Bench, has recently admitted Blu-Smart Mobility Tech Pvt Ltd into Corporate Insolvency Resolution Process (CIRP) over an unpaid operational debt of ₹5.84 crore.The order , dated October 14, 2025 marks yet another Gensol-linked entity facing insolvency proceedings, following the admission of Gensol Engineering and Blu-Smart Mobility...
Supreme Court Awards Compensation To Transwoman Teacher Dismissed Over Gender Identity; Forms Committee On Transgender Rights
The Supreme Court, in a significant pronouncement on transgender rights, has awarded compensation to a transwoman whose services as a teacher were terminated by two private schools, one in Uttar Pradesh and another in Gujarat, within a year, on the ground of her gender identity.The Court noted that not only the institutions but the respective States failed to comply with the provisions of...
Assessment Order Not Void Solely Because It Was Passed in Deceased's Name: ITAT Chandigarh
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench, recently held that an appellate order passed by the Commissioner of Income Tax (CIT), reassessing the income tax liability of an assessee, is not invalid merely because it was issued in the name of a deceased person. The Tribunal noted that since the appeal itself was filed under the deceased's name, the order cannot be quashed on...
SEBI Impounds Rs 173.14 Crore In IEX Insider Trading Case After Alleged Leak Of Sensitive Information By CERC Official
The Securities and Exchange Board of India (SEBI) on Wednesday passed an ex-parte interim order impounding ₹173.14 crore from eight individuals for allegedly engaging in insider trading in the shares of Indian Energy Exchange Limited (IEX).The trades were allegedly based on unpublished price sensitive information (UPSI) leaked from the Central Electricity Regulatory Commission (CERC) by one...
Supreme Court Rejects PIL Seeking Measures To Prevent Overcrowding In Buses
The Supreme Court today (October 16) refused to consider a PIL seeking directions against the excessive overcrowding of passengers in public and privately operated buses. The bench of CJI BR Gavai and Justice K Vinod Chandran refused to entertain the PIL, considering that the matter lies in the domain of public policy. The Counsel stressed that many people risk their lives and some even die...