Can Alimony Be Granted When Marriage Is Declared Void Under Hindu Marriage Act? Supreme Court To Consider

The Supreme Court is set due to consider the issue whether alimony can be granted where the marriage has been declared void. The bench of Justices Vikram Nath and PB Varale noted that there have been conflicting views by the decisions of various division benches in interpreting the applicability of Sections 24 and 25 of the Hindu Marriage Act, 1955 (HMA) and a bench comprising 3 Judges be set...

Illegal Investment Advisory: SEBI Asks Fraud Advisor To Refund Rs. 27.67 Lakh To Investors

The Securities and Exchange Board of India (SEBI) has imposed a one-year ban on Siddharth Pandey of Snigdha Equity Advisory following violations of regulatory standards concerning investment advisory services. Along with the suspension, Pandey has been fined Rs. 6 lakh and ordered to refund Rs. 27.67 lakh collected from clients. Pandey was found to have offered investment advice...

Spandana Sphoorty Financial Ltd. Settles With SEBI For Rs 38 Lakh Over Disclosure Violations

The Securities and Exchange Board of India (SEBI) has recently concluded an investigation into Spandana Sphoorty Financial Ltd. (SSFL), a non-banking financial company. The settlement follows allegations of violations related to disclosure and listing regulations under SEBI's oversight. The investigation focused on breaches of the SEBI (Listing Obligations and Disclosure...

ICICI Securities Settles Regulatory Case With SEBI For ₹69.82 Lakh

ICICI Securities Limited has reached a settlement with the Securities and Exchange Board of India (SEBI) to resolve a case involving alleged regulatory violations. The settlement was finalized with ICICI Securities agreeing to pay ₹69.82 lakh. SEBI conducted an inspection of ICICI Securities' activities from September 22 to September 23, 2022. The inspection was part of SEBI's...

SEBI Imposes Rs 11 Lakh Fine On IIFL Securities For Compliance Failures

The Securities and Exchange Board of India (SEBI) has levied a fine of Rs 11 lakh on IIFL Securities Limited for breaches of various regulatory guidelines under the Securities Contracts (Regulation) Rules and associated SEBI circulars. SEBI found several compliance issues with IIFL Securities. The regulator noted that the broker engaged in unauthorized fund-based agreements...

When Non-Renewal Of Employee's Contract Is For Disciplinary Reasons, Formal Enquiry Is Necessary : Supreme Court

The Supreme Court on Thursday emphasized that mere non mention of background situation in a termination order does not make it non-stigmatic and the court can look into the context to determine the true nature of the termination order.“the form of an order is not its final determinant and the Court can find out the real reason and true character behind terminating/removing an employee”,...

Is Sanction Under PC Act Necessary For Court To Direct Investigation Under S.156(3) CrPC? Supreme Court To Consider

The Supreme Court on Friday (August 23) pondered whether a prior sanction under the Prevention of Corruption Act 1988 (PCA) would be required for a Magistrate to direct an investigation into cognisable offences by a public servant relating to PCA under S.156(3) of CrPC.The bench of Justices JB Pardiwala and Manoj Misra was hearing the challenge by the former Chief Minister B.S....

SC/ST Act | No Bar On Anticipatory Bail Unless Prima Facie Offence Is Made Out: Supreme Court

The Supreme Court on Friday (August 20) held that that the bar to anticipatory bail under Section 18 of the SC and ST (Prevention of Atrocities) Act, 1989 is not attracted unless a prima facie case under the Act is made out against the accused.“If on a prima facie reading of the materials referred to in the complaint and the complaint itself, the ingredients necessary for constituting...

Mere Insult To SC/ST Member Not Offence Under SC/ST Act Unless Intent Was To Humiliate Based On Caste Identity : Supreme Court

The Supreme Court on Friday (August 20) held that mere insult of a member of a Scheduled Caste (SC) or Scheduled Tribe (ST) is not an offence under the SC and ST (Prevention of Atrocities) Act, 1989 unless the accused had the intention to humiliate based on caste identity.“all insults or intimidations to a member of the Scheduled Caste or Scheduled Tribe will not amount to an offence under...

'He Comes Out & You Immediately Put Him Behind Bars' : Supreme Court To TN Govt On Savukku Shankar's Detention

The Supreme Court today (August 23) heard the challenge to the 16 FIRs filed against YouTuber Savukku Shankar over an online interview. The bench of Justices JB Pardiwala and Manoj Misra adjourned the hearing allowing some time to the State of Tamil Nadu to file additional documents pertaining to the case. "This is the same matter where you are after this man. He comes out and you immediately...

Supreme Court To See Progress Of Trial Before Considering Appointment Of SPP In Jobs Scam Case Against Senthil Balaji

The Supreme Court on Friday (August 23) said that it would first see how the trial in the Tamil Nadu cash for jobs scam, in which former Tamil Nadu minister Senthil Balaji is the prime accused, is proceedings before considering the appointment of a Special Public Prosecutor.A bench of Justice Abhay Oka and Justice Augustine George Masih was dealing with an application filed by certain victims...

BREAKING | Calcutta High Court Transfers SIT Probe Into Alleged Irregularities By Ex-RG Kar Principal Sandip Ghosh To CBI

In a breaking development, the Calcutta High Court has transferred an SIT probe into alleged irregularities by former RG Kar Principal Sandip Ghosh, to the Central Bureau of Investigation.Notably, the CBI is also investigating Ghosh over the rape-murder of a resident doctor at the hospital campus on 9th August.A single bench of Justice Rajarshi Bharadwaj was taking up a plea by former...