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'We Want Younger Bar To Grow' : Supreme Court Judge Requests Seniors To Give Vacation Time For Younger Advocates To Argue
Today, the Supreme Court (on May 20), while hearing a civil appeal, orally stressed that the young members of the bar should be given the opportunity to argue during vacation time. The matter in which this exchange took place was placed before the bench of Justices P.S. Narasimha and Sanjay Karol. Senior advocate Abhishek Manu Singhvi, who was appearing for the petitioner,...
SEBI Imposes Rs 8 Lakh Penalty On Reliance Home Finance For Disclosure Violations
The Securities and Exchange Board of India (SEBI) imposed a penalty of Rs. 8 lakh on Reliance Home Finance Limited (RHFL) for violations related to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations). The violations pertain to the company's failure to disclose material events and delays in disclosing crucial information as required under the...
Royalty Sharing Is Mandatory Whenever Sound Recordings Are Communicated To Public, Calcutta High Court Restraints Vodafone From Using Unlicensed Caller Tunes
The Calcutta High Court single bench of Justice Ravi Krishan Kapur held that, under the Copyright (Amendment) Act, 2012, authors have statutory rights to royalties whenever sound recordings are publicly communicated. The bench directed Vodafone to cease unlicensed use of copyrighted works and to pay royalties to the Indian Performing Right Society (IPRS), a society which enforces the...
SEBI Issues Consultation Paper Allowing Indian Mutual Funds To Invest In Overseas Funds
The Securities and Exchange Board of India (SEBI) announced its intention to allow Indian mutual funds to invest in overseas funds, provided these funds have a limited exposure to Indian securities.Under the existing regulations, SEBI-registered mutual funds can invest in various overseas securities. These include American Depository Receipts (ADRs), Global Depository Receipts (GDRs), equity...
Supreme Court Monthly Round-Up: April 2024
Here's a comprehensive overview of the Supreme Court of India proceedings during April 2024. This monthly digest aims to inform you about the latest judgments, orders, and Public Interest Litigations (PILs) filed in the Supreme Court during the month of April and also the updates of the Constitution bench hearing on the taxation matter of mineral-bearing lands and on overlapping...
Interview Also Be Done To Assess Suitability Of Judicial Officers For Promotion As District Judges In 65% Quota : Supreme Court Suggests
The Supreme Court in its recent judgement concerning the promotion of Judicial Officers by the Gujarat High Court, observed a few suggestions to enhance the 'suitability test' employed by the High Court for promoting judicial officers on the basis of 'Merit-cum-Seniority'. On May 17, the Court upheld the recommendations made by the High Court of Gujarat in 2023 for the promotion of Senior...
Supreme Court Grants Interim Bail To PMLA Accused As Chargesheet Dropped Scheduled Offence
The Supreme Court on Friday (May 17) granted interim bail to a man who was arrested by the Enforcement Directorate after noting that there is no scheduled offence as per the Prevention of Money Laundering Act, 2002 (PMLA) against him in the chargesheet filed in the predicate case.The Court noted that the proceedings under the PMLA can be initiated only if offences mentioned in the schedule of...
Supreme Court To Consider Plea On Acid Attack Survivors' Challenges To Complete 'Live Photograph' Requirement Of e-KYC Process
The Supreme Court on Friday (May 17) agreed to consider the issue of the lack of guidelines for an inclusive digital KYC process for acid attack survivors and persons with permanent eye damage. The bench led by CJI DY Chandrachud and Justices JB Pardiwala and Manoj Misra issued a notice in the petition and termed it an 'important issue'. "It's an important issue, we will issue notice,...
Can Muslim Women Claim Equality In Succession? Can Will Be Executed For Entire Property As Per Mohammedan Law? Supreme Court To Decide
The Supreme Court has decided to determine, inter-alia, whether Muslim women have the right to claim equality in succession in light of Article 14 (Right to equality) and 15 (Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth) of the Indian constitution. The question arose before the bench of justices C.T Ravikumar and Rajesh Bindal, who...
Supreme Court Issues Notice On RBI's Plea Against Merger Of Malappuram District Cooperative Bank With Kerala Bank, Orders Status Quo
The Supreme Court on Friday (May 17) issued notice on a petition filed by the Reserve Bank of India challenging the amalgamation of the Malappuram District Cooperative Bank in Kerala with the Kerala State Cooperative Bank.While issuing notice, the Court also directed to maintain status quo in all aspects in respect of the Malappuram District Cooperative Bank." Issue notice,returnable in July, ...
Resolve Row Over University VC Appointments Or Else We Will Appoint : Supreme Court Warns West Bengal Govt, Governor
The Supreme Court on Friday (May 17) while hearing an ongoing dispute between the West Bengal government and Governor CV Anand Bose(Chancellor of Universities) regarding the appointment of interim vice-chancellors (VC), warned both the parties that it will appoint the VCs if the parties fail to do it amicably.“The moment you will prompt us, we will pass some order and that order will...