SEBI Imposes ₹1 Lakh Fine On Catalyst Trusteeship For Failing In Its Duties As Debenture Trustee

The Securities and Exchange Board of India (SEBI) has imposed a fine on Catalyst Trusteeship Limited for violations concerning its role as a debenture trustee (DT) in managing an issue by Spandana Sphoorthy Financial Ltd (SSFL). SEBI's findings indicated that Catalyst Trusteeship failed to fulfill key responsibilities required by the SEBI (Debenture Trustees)...

Very Unfortunate That People Have To Come To Supreme Court For Bail Even In Magistrate Triable Case: Supreme Court

The Supreme Court on Tuesday (August 27) granted bail to a man accused of forgery and cheating, who had been in custody since May 4, 2023, noting that the charges had not been framed yet and he had been either acquitted or the case against him had been quashed in nine out of fourteen antecedents against him.After dictating the order, Justice Oka orally remarked, “Very unfortunate that...

PIL In Calcutta High Court Challenges 12-Hour 'Bandh' Called By BJP To Protest Police Action During 'Nabanna March' Over RG Kar Incident

A public interest litigation (PIL) has been moved before the Calcutta High Court challenging a 12-hour strike called by the Bharatiya Janata Party (BJP) to protest police action against protestors who were marching towards the Nabanna, State secretariat building in connection with the brutal rape and murder of a resident doctor at RG Kar hospital.In calling for the court to restrain the BJP...

Some Explanation Expected From Registry When Case Isn't Listed Despite Specific Direction : Supreme Court

The Supreme Court on Tuesday (August 27) observed that the Registry must provide reasons if a case explicitly ordered to be listed by the Court on a particular date is not listed on that date.A bench of Justice Abhay Oka and Justice Augustine George Masih stated this after the counsel for one of the parties in a case related to a property dispute informed that Court that an SLP which...

Supreme Court Issues Notice In PIL For Braille Labels On Medicines, Consumer Products, Tickets Etc

The Supreme Court today (August 27) issued notice in a Public Interest Litigation seeking guidelines for the implementation of the Braille Integration System in medicine prescriptions, consumer products and currency notes for the benefit of visually impaired persons. Senior Advocate SB Upadhyay appearing for the petitioner highlighted that the absence of braille language on medical...

Banastarim Accident Case: Court Cancels Bail Of AAP Goa Chief Amit Palekar For Travelling Abroad Without Permission

A sessions court in Goa on Monday (August 26) cancelled the bail granted to Aam Aadmi Party's (AAP) state unit chief Amit Palekar in the 2023 Banastarim accident case–which resulted in the death of three persons, after observing that Palekar had violated the condition of not leaving the country without the court's prior permission. The court of Additional Sessions Judge (ASJ) Panaji (sitting...

Supreme Court Directs MoRTH To Create Portal And Toll-Free Number For National Highway Encroachment Complaints

The Supreme Court of Tuesday (August 27) directed the Ministry of Road Transport and Highways (MoRTH) to establish a portal and a toll-free number for citizens to lodge complaints about encroachments on National Highways.A bench of Justice Abhay Oka and Justice Augustine George Masih passed the order in a writ petition by one Gyan Prakash Mishra highlighting the issue of encroachment...

Terror Funding Case: Delhi Court Orders Release Of Kashmiri Separatist Leader Shabir Shah In PMLA Case

A Delhi Court has ordered release of Kashmiri separatist leader Shabir Ahmad Shah in a money laundering case connected to a terror funding case.Additional Sessions Judge Dheeraj Mor of Patiala House Courts passed the order after noting that Shah has undergone the maximum sentence of seven years prescribed for the offence under Section 3 of PMLA. The court noted that Shah was in continuous...

We Always Speak About Victims, Why Not Teach The Boys? Bombay High Court While Hearing Badlapur School Sexual Assault Case

While hearing a suo motu PIL regarding the alleged sexual assault of two minor kindergarten girls in a school at Badlapur in Thane, the Bombay High Court on Tuesday orally called for "teaching boys the difference between right and wrong" as well as sensitising them about respecting women at a young age.A division bench of Justice Revati Mohite Dere and Justice Prithviraj Chavan asked...

'Won't Tolerate IAS Officer Lying To Court As Per Convenience Of His Masters' : Supreme Court Rebukes UP Prisons Secretary

The Supreme Court on Tuesday (August 27) sharply criticized the Principal Secretary of the Prison Administration and Reforms Department of Uttar Pradesh for submitting a false affidavit regarding the progress of a remission plea of a convict.“We will not tolerate IAS officer lying to this court and changing the stands as per convenience of his masters”, Justice Abhay Oka orally...

'Illegible, Miniscule Font': Supreme Court Expresses Discontent Over Size Of Apology Published By IMA President

The Supreme Court today again expressed displeasure with an apology published by Indian Medical Association's President Dr RV Asokan in relation to his remarks against the Court in a media interview over the Patanjali contempt case.A bench of Justices Hima Kohli and Sandeep Mehta,objecting to the size of the apology ads published, directed that their physical copies be placed on record within...

Judicial Officers' Pay | Supreme Court Directs States & UTs To Disburse Funds Within 4 Weeks From Lodging Of Claims On SNJPC Proposals

The Supreme Court today (August 27) directed the States and Union Territories to disburse the funds within 4 weeks from the date of claims raised by Judicial Officers for clearance of arrears and allowances as per Court's earlier directions.The bench led by CJI DY Chandrachud comprising Justices JB Pardiwala and Manoj Misra was hearing the issue of non-compliance with the directions of payment...