West Bengal OBC Reservations| Supreme Court To Hear Challenge Against HC Order Quashing 77 OBC Classifications On Sep 2

The Supreme Court has adjourned to Monday (September 2) the hearing of the challenge to Calcutta High Court's order quashing classification of 77 communities as Other Backward Classes (OBC) by West Bengal Government. Senior Advocate Kapil Sibal appearing for the State of West Bengal requested time for filling its reply to certain documents tendered by the respondents. The CJI DY...

'You Pick & Choose Anyone As Accused?' : Supreme Court Questions Fairness Of ED/CBI Probe In Delhi Liquor Policy Case

Today (on August 27), the Supreme Court, while granting bail to Bharat Rashtra Samithi leader K Kavitha made scathing observations regarding the fairness of the prosecution by the Central Bureau of Investigation(CBI) and the Directorate of Enforcement (ED) The bench of Justices BR Gavai and KV Viswanathan categorically said that the prosecution has to be fair and cannot pick and...

Supreme Court Disposes Of ED's Plea, Tamil Nadu Govt Says District Collectors Will Share Documents Relating To Sand Mining Cases

The Supreme Court today disposed of the Enforcement Directorate's plea assailing stay of summonses issued to District Collectors of Tamil Nadu in connection with alleged illegal sand mining-money laundering cases.The bench of Justices Bela M Trivedi and Satish Chandra Sharma closed the proceedings, noting that most of the documents sought by ED from the District Collectors had been supplied...

Supreme Court Stays Ayush Ministry's Notification That Omitted Prohibition On Ads Of Ayurvedic, Unani & Siddha Drugs Without Approval

The Supreme Court today stayed a Central government notification dated 1 July, 2024, whereby Rule 170 of the Drugs and Cosmetics Rules, 1945 was omitted.A bench of Justices Hima Kohli and Sandeep Mehta passed the order, observing that the omission was in the teeth of the Court's order dated 7 May, 2024. It recorded thus:"Enclosed with the affidavit filed by the Ministry of Ayush is a...

RBI Imposes ₹3.91 Crore Penalty On Lenden Club And Liquiloans For Regulatory Violations In P2P Lending And Digital Practices

The Reserve Bank of India (RBI) has imposed monetary penalties on two non-banking financial companies (NBFCs), Innofin Solutions Pvt Ltd and NDX P2P Pvt Ltd for failing to comply with various regulatory guidelines. These companies, known respectively as LenDen Club and LiquiLoans, were penalized ₹1.99 crore and ₹1.92 crore for violations of the RBI's directions related...

Supreme Court Grants Bail To K Kavitha In Liquor Policy Case, Questions Fairness Of CBI/ED Investigation

The Supreme Court, on Tuesday(August 27), granted bail to Bharat Rashtra Samithi leader K Kavitha in the money laundering and corruption cases related to the alleged Delhi liquor policy scam.A bench comprising Justices BR Gavai and KV Viswanathan, during the hearing, questioned the fairness of the prosecution agency (CBI/ED) and criticised their selective approach in treating some accused...

Supreme Court Issues Notice On Ex-IPS Officer Sanjiv Bhatt's Appeal Challenging Conviction & Life Term In Custodial Death Case

The Supreme Court today (on August 27) issued notice to the State of Gujarat on former Indian Police Service officer Sanjiv Bhatt's plea challenging the Gujarat High Court's order dismissing his challenge against the conviction and life imprisonment sentence imposed by the Jamnagar Court. The conviction was in connection with an alleged case of custodial torture and death in the year...

LiveLaw Academy Is Hiring Full Time/Part Time Faculties For 'Judicial Services Examination Preparation Course'

Are you passionate about teaching and shaping the next generation of Judicial minds? We are seeking highly qualified and dedicated professionals to join our faculty team at Live Law Academy, for Judicial Services Exam preparation.Position: Faculty Location: Delhi NCR/ Remote Type: Full-Time/Part-TimeEssential Qualifications:LLB/LLM or equivalent degree from a recognized...

Actress Sexual Assault Case : Supreme Court Asks Kerala Govt About Number Of Witnesses To Be Examined In Trial

The Supreme Court on Tuesday (August 27) sought information from the State of Kerala regarding the number of witnesses remaining to be examined in the actress sexual assault case.A bench of Justices Abhay S Oka and Augustine George Masih asked the State's counsel to seek instructions on this aspect while considering the bail application of prime accused Sunil NS, also known as Pulsar...

Registrar Of Companies, Mumbai Imposes Rs. 1.08 Lakh Penalty On William Hill Ltd For Late Submission Of Beneficial Interest Declaration

The Registrar of Companies, Mumbai has imposed a penalty of Rs. 1.08 Lakh on William Hill Ltd for failure to submit the required declaration disclosing the beneficial interest in the company's shares within the stipulated thirty-day period. Section 89(2) of the Companies Act, 2013 mandates that any person who acquires a beneficial interest in shares of a company, but whose name is...

Duty Of Every Arbitral Tribunal & Court To Examine What The Contract Provides : Supreme Court

The Supreme Court recently emphasised that the courts and arbitral tribunals have the duty to examine the contract clauses in proceedings concerning arbitration.While upholding Calcutta High Court's decision to set aside the arbitrator's decision to award the amount for loss due to idle machinery and labour despite it being prohibited under the contract, the Court said : “In fact,...

SEBI Imposes ₹6 Lakh Penalty On Vistra ITCL For Violating Debenture Trustee Regulations

The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 6 lakh on Vistra (ITCL) India Ltd for several violations of the SEBI (Debenture Trustees) Regulations, 1993, and related guidelines. Key among the violations identified was the failure of Vistra to perform independent due diligence in the preparation of asset-cover certificates. SEBI's November...