Securities Markets Code, 2025: What Is New In the Government's Proposed Overhaul of Capital Markets Law

The Central government on Thursday introduced the Securities Markets Code, 2025 in the Lok Sabha, proposing a single, consolidated law to govern India's securities markets. The proposed bill repeals the Securities Contracts (Regulation) Act, 1956, the Securities and Exchange Board of India Act, 1992, and the Depositories Act, 1996.Beyond consolidation, It also introduces introduces...

Supreme Court Asks ECI To Sympathetically Consider Pleas To Extend Deadlines Of Kerala & UP SIR

The Supreme Court on Thursday (December 18) asked the Election Commission of India to "sympathetically consider" requests to extend the deadline for the submission of the enumeration forms in the Special Intensive Revision (SIR) process of the electoral rolls in Uttar Pradesh and Kerala.The bench comprising Chief Justice of India Surya Kant and Justice Joymalya Bagchi was hearing the batch...

Ad hoc Judges Can Sit In Single Benches Or In Division Benches With Sitting Judges Of High Court : Supreme Court Clarifies

The Supreme Court on Thursday clarified that ad hoc judges appointed in High Courts can constitute single benches or can sit with sitting judges in division benches.The Court also left it to the discretion of the Chief Justice of the High Court to decide who should be the presiding judge if a division bench is constituted with a sitting judge and an ad hoc judge.Article 224A of the...

Supreme Court To Speak With Parents Before Deciding To Allow Passive Euthanasia For Their Son

Referring to the AIIMS report, the Court said that the son's condition was “very sad”.

When Most Indians Struggle For Drinking Water, Plea On Quality Of Packaged Water Is 'Luxury Litigation': Supreme Court

"Do you think we can introduce US, EU guidelines? See ground realities," CJI told the petitioner.

Thrissur Consumer Commission Holds AirAsia Liable For Non-Refund Of Cancelled Flight Fare

The Consumer Disputes Redressal Commission, Thrissur has directed Air Asia (India) to pay Rs. 10,000 as compensation for mental agony caused to a passenger due to airline's failure to issue an automatic refund after his flight got cancelled for operational reasons.The order was passed by a bench comprising President C T Sabu and members Sreeja S and Ram Mohan R in a complaint filed by...

M.K. Nambyar-50th Anniversary Tribute

M.K. Nambyar belongs to that rare breed of men - original, creative and illustrious and whose contribution to the making and development of law was truly outstanding. This December 18 marks the 50th anniversary of his passing. It is appropriate that we remember him, his great life and work which is both a model and an inspiration and pay tribute to his sacred memory.Meloth Krishnan Nambyar...

'Happy Ending To This Saga' : Supreme Court Appreciates Consensus Between Kerala CM & Governor On University VC Appointments

"I hope they keep talking like this, over a mug of coffee, for the larger interest of people," Justice Pardiwala commented.

'Facilitates Access To Justice' : Supreme Court Dismisses Plea Challenging Formation Of Bombay High Court's Kolhapur Bench

The Supreme Court today(December 18) dismissed a writ petition filed by advocate Ranjeet Baburao Nimbalkar, challenging the August 1 notification of the Bombay High Court issued under Section 51(3) of the States Reorganisation Act, 1956, for the creation of the recent Kolhapur Circuit Bench, which became effective from August 18. A bench comprising Justice Aravind Kumar and Justice NV...

Business Law Daily Round-Up: December 17, 2025

TAX Commission Earned On Sale Of Agricultural Produce Attracts Service Tax Under 'Business Auxiliary Service': CESTAT AhmedabadService Tax | Extended Limitation Cannot Be Invoked Without Mens Rea, Deliberate Intent To Evade Duty To Be Proven: CESTAT ChandigarhNon-Availability Of GSTAT Cannot Be Used To Bypass Mandatory Pre-Deposit U/S 112(8) CGST Act: Orissa High CourtGST | Cannot Seek...

If Judicial Order Is Based On Dishonest Or Extraneous Factors, Why Not Take Disciplinary Action Against Judge? Supreme Court

The bench commented about the "growing trend" of judges "hitting so many sixers" by passing many orders shortly before the retirement.

'Karmayodha' Film Plagiarism: Kerala Court Orders Major Ravi & Makers To Pay ₹30L To Scriptwriter Regi Mathew

The Commercial Court, Kottayam recently passed a judgment against Major Ravi and Mohammed Haneef, who are the director and producer of the 2012 Mohanlal-starrer movie 'Karmayodha', to pay a compensation of Rs. 30 lakhs to scriptwriter Regi Mathew.Sri. Manish D. A., Principal Sub-Judge, decided the suit preferred by Regi Mathew seeking permanent prohibitory injunction, declaration, damages and...