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'What Sort Of IAS Officer?' : Supreme Court Issues Contempt Notice To Maharashtra Addl Chief Secretary (Revenue & Forest)
The Supreme Court today (on August 28), issued a show-cause notice for contempt action to Mr. Rajesh Kumar, Additional Chief Secretary Revenue and Forest Department, Maharashtra Government, taking exception to certain statements in an affidavit filed by him which suggested that the Court was not following the law. Observing that the statements were prima facie contemptuous, the Court...
SEBI Imposes ₹4 Lakh Penalty On LKP Securities Ltd For Violations In Pre-Trade Authorisation Compliance
The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹4 lakh on LKP Securities Ltd for failing to comply with pre-trade authorisation requirements. SEBI's investigation of LKP Securities followed an inspection carried out in conjunction with the Bombay Stock Exchange (BSE), National Stock Exchange of India Ltd (NSE), and Multi Commodity Exchange of India...
"Attempt To Intimidate Office Of Chief Justice": Calcutta High Court Dismisses PIL Seeking To Modify Judge's Roster, Imposes 50K Cost
The Calcutta High Court has dismissed a PIL seeking to modify a judge's roster due to allegations of conflict of interest, with exemplary costs of Rs 50,000. The Court also debarred the litigant from filing a PIL ever again, by invoking the Calcutta High Court Appellate Side Rules.Advocate Sanjoy Das, the petitioner, sought to change the determination of Justice Amrita Sinha's bench...
Even In PMLA, Bail Is The Rule & Jail Is The Exception : Supreme Court
Even in the Prevention of Money Laundering Act (PMLA), bail is the rule and jail is the exception, held the Supreme Court in a judgment delivered today.A bench comprising Justices BR Gavai and KV Viswanathan held so while allowing bail to an accused in a money laundering case. The bench held that Section 45 of the PMLA only lays down that the grant of the bail would be subject to the...
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...