Delhi Court Denies Interim Bail To Chief Minister Arvind Kejriwal In Liquor Policy Case

A Delhi Court on Wednesday denied interim bail to Delhi Chief Minister Arvind Kejriwal in the money laundering case related to the alleged liquor policy scam. Special judge Kaveri Baweja of Rouse Avenue Courts dismissed Kejriwal's plea seeking interim bail for 7 days on medical grounds. His regular bail plea is scheduled for hearing on June 07. Arvind Kejriwal was arrested by ED on March 21....

Revision Of Court Fees: Expert Committee To Hold Public Hearings In Kerala

The Expert Committee constituted to study the enhancement of Court Fees in Kerala has decided to hold public hearing to hear the views and suggestions from the general public and other stakeholders.The state government had constituted a five-member expert committee headed by Justice V K Mohanan to study and suggest proposals for revision of Court Fees to amend the Kerala Court Fees and...

SEBI Adds Two New Agencies For Social-Impact Assessor Registration On Social Stock Exchange

The Securities and Exchange Board of India (SEBI) has announced the inclusion of two additional agencies for the registration of social-impact assessors. In a circular, SEBI stated that the ICMAI Social Auditors Organization (ICMAI SAO), under the Institute of Cost Accountants of India, and the ICSI Institute of Social Auditors (ICSI ISA), under the Institute of Company...

Kerala Court Convicts Tamil Nadu Native For Sexually Assaulting Minor Daughter During COVID Period In 2020

A Kerala Court has convicted the father, a native of Tamil Nadu for sexually assaulting his minor daughter aged 14 years while they were living in a rented house in Thiruvananthapuram during the Covid time in 2020.Fast Track Special Court (POCSO) Thiruvananthapuram, Special Judge, Rekha R found the accused guilty of committing aggravated sexual on his minor daughter. “ On evaluating the...

SEBI Lowers Turnover Threshold For Agricultural Commodity Options To Rs 100 Crore

The Securities and Exchange Board of India (SEBI) has announced change in the regulatory requirements for launching options contracts on agricultural and agri-processed commodities. Effective from June 1, 2024, the average daily turnover requirement for these futures contracts has been reduced from Rs 200 crore to Rs 100 crore. This decision was based on representations...

HSBC Asset Management And Trustees Settle SEBI Charges Over Fund Mismanagement With Rs 23.92 Lakh Payment

HSBC Asset Management (India) Pvt Ltd, along with four of its trustees, has resolved a regulatory issue with the Securities and Exchange Board of India (SEBI) by paying a settlement amount of Rs 23.92 lakh. The trustees involved in the settlement are Jasmine Batliwala, Nani Javeri, Ho Wai Fun, and Dr. TC Nair. The issue originated from allegations that HSBC AMC did not...

SEBI Issues Guidelines For Investor Protection And Services Funds

The Securities and Exchange Board of India (SEBI) has issued comprehensive guidelines for the establishment and management of Investor Protection Fund (IPF) and Investor Services Fund (ISF). Key Points of the Guidelines All stock exchanges are mandated to set up an IPF, administered through a separate trust. The IPF Trust will consist of five trustees: three Public Interest...

Nagpur Court Convicts And Awards Life Sentence To Ex BrahMos Engineer On Cyber Terrorism Charges

The Sessions Court, Nagpur today convicted and sentenced ex-BrahMos engineer Nishant Agrawal to life imprisonment on charges of acts of cyber terrorism and spying for Pakistan.Additional Sessions Judge MV Deshpande convicted Agarwal under section 66F (acts of cyber terrorism) of the Information Technology Act and sentenced him to life. The court also convicted him under Sections 3 (penalties...

Patent Duration From Application Date Rather Than Granting Date Aligns With International Standards, Calcutta High Court Upholds Constitutionality Of Sec. 53

The Calcutta High Court single bench of Justice Sabyasachi Bhattacharyya upheld the constitutionality of Section 53 of the Patents Act, 1970, which mandates a twenty-year patent term from the application date. The bench rejected the Petitioner's contention that the patent term must be counted from the grant of the patent rather than the application date. It was held that Section 53 aligns...

Vijay Mallya, Nirav Modi & Mehul Choksi Fled India Because Investigating Agencies Didn't Arrest Them On Time: Mumbai Court

A Special PMLA Court in Mumbai recently remarked that fugitives in economic offences such as Nirav Modi, Vijay Mallya, and Mehul Choksi were able to flee India because the investigating agencies failed to arrest them at a proper time.Special Judge MG Deshpande on May 29, 2024, while addressing the objection raised by the Enforcement Directorate to an application filed by an accused...

Judge's Career Not Path Filled With Rose Petals : Justice Mary Joseph In Farewell Speech

Justice Mary Joseph is retiring from service as the judge of the High Court on the forenoon of June 02, 2024. A farewell function was arranged by the Kerala High Court for her on May 31,her last working day as a judge.“I come from a Humble beginning, so it is only fitting that I take my leave in a humble manner,” she said.She began her speech by saying that her heart is filled with...

Pune Court Issues Process Against Rahul Gandhi In Defamation Case Over Remarks On VD Savarkar

A Pune Court has issued process against Congress leader Rahul Gandhi and ordered him to appear before it on August 19, 2024 in a defamation case filed over allegedly defamatory statements he made against VD Savarkar during a visit to the United Kingdom.Judicial Magistrate First Class Akshi Jain issued process in the complaint lodged by Satyaki Savarkar, the grandnephew of the late Vinayak...