After Delhi Court Denies Interim Relief, Anil Ambani Withdraws Suit Against Media Over 'Defamatory' Reporting

Businessman and Chairman of Reliance Group, Anil Ambani has withdrawn his defamation case filed before a Delhi Court against Cobrapost, Economic Times and others over allegedly defamatory reporting, claiming that his companies committed a fraud of over Rs. 41,000 crores. Senior civil judge Vivek Beniwal of Karkardooma Courts allowed the withdrawal, while granting Ambani's counsel liberty to...

Closure Of Chit Fund Company Without Notice Is Deficiency In Service: Kerala Consumer Commission Orders ₹8.25L Refund, ₹30K Compensation

The District Consumer Disputes Redressal Commission, Ernakulam recently directed a chitty company based in Kodungallur, its Managing Director and Board of Directors to refund an amount of Rs. 8.25 lakhs paid by its subscriber as instalments over a period of around 11 years after the company closed down its offices without notice.The Bench comprising D.B. Binu (President), V. Ramachandran...

CBI Court Convicts Central Excise Inspector In Disproportionate Assets Case, Awards 5 Yrs Imprisonment & ₹63 Lakh Fine; Wife Jailed For Abetment

The Central Bureau of Investigation (CBI) Court in Ahmedabad on December 29, 2025, convicted and sentenced an Inspector, Central Excise and Service Tax, Bhavnagar, to five years' rigorous imprisonment along with a fine of ₹63 lakh in a disproportionate assets case. The court also sentenced his wife to one year's imprisonment with a fine of ₹50,000 for abetment of the...

CBI Arrests CGST Deputy Commissioner For Allegedly Taking ₹ 70 Lakh Bribe

The Central Bureau of Investigation (CBI) has busted a bribery racket in the officer of the Central Goods & Services Tax (CGST), Jhansi, Uttar Pradesh, during an operation on 30.12.2025. The CBI registered the case on the allegations of the demand for an undue advantage of Rs. 1.5 crores for favouring the private firms in GST evasion matters. CBI arrested a Deputy...

SEBI Cancels Research Analyst Registration After Holder Says He Runs Grocery Shop, Not Market Activities

The Securities and Exchange Board of India (SEBI) has cancelled the registration of a research analyst who told the regulator that he runs a small grocery shop and is not engaged in securities market activities, after proceedings relating to the misuse of his SEBI registration details by an unregistered investment advisory firm. The noticee had been registered with SEBI as a...

"Health Security Se National Security" Cess On Pan Masala, Tobacco Manufacturing Enforceable From Feb 01

The Ministry of Finance, Department of Revenue has notified February 01, 2026, as the date for enforcement of the Health Security Se National Security Cess Act, 2025 levying a Health Security se National Security Cess on machines used in manufacture of pan masala and similar items. The Health Security Se National Security Cess Act, 2025 (the Act) requires a manufacturer to...

MCA Extends Deadline For Filing Financial Statements, Annual Returns Under Companies Act Till January 31, 2026

The Ministry of Corporate Affairs, on 30th December, 2025, extended the deadline for filing Financial Statements and Annual Returns under the Companies Act, 2013, up to 31st January, 2026. Initially, the due date for filing financial statements and annual returns for F.Y. 2024-25 was till 31st December, 2025. The decision was taken after representations were received from...

Delhi Riots: Court Acquits Three In Mosque Arson Case, Slams Police For Making Arrest Based On 'Inadmissible Evidence'

A Delhi court has recently acquitted three men accused of vandalism, arson and loot at Jannati Masjid in city's Gokalpuri area during the 2020 North East Delhi riots. Additional Sessions Judge Parveen Singh of Karkardooma Courts acquitted Deepak, Prince and Shiv, while criticising the Delhi Police's investigation for relying on inadmissible electronic evidence and delayed, unreliable...

Central Consumer Protection Authority Fines Vision IAS ₹11 Lakh For 'Misleading Ads' On UPSC Civil Services Exam Results

The Central Consumer Protection Authority has fined coaching institute Vision IAS (AjayVision Education Private Limited) Rs 11 Lakh for publishing "misleading advertisements" on its website wherein it is stated to have made certain claims with respect to the UPSC Civil Services Examination (CSE) results. The authority had initiated a suo-moto case against Vision IAS with regard to...

Centre Imposes Anti-Dumping Duty On 2-Ethyl Hexanol Imports From EU, US, Korea, Others Till June 2026

The Ministry of Finance, Department of Revenue has imposed Anti-Dumping Duty on imports of “2-Ethyl Hexanol” from European Union, Indonesia, Korea RP, Malaysia, Taiwan and United States of America till June 26, 2026. 2-Ethyl Hexanol. 2-Ethyl Hexanol is a basic organic chemical. It is produced on a massive scale for use in numerous applications such as solvents, flavours, and...

CCI Approves Blackstone Backed Entity's Stake Acquisition In Federal Bank

The Competition Commission of India (CCI) on Tuesday approved the proposal of Blackstone-backed Asia II Topco XIII Pte. Ltd. to acquire up to a 9.99% stake in Kerala based-private lender Federal Bank Ltd. This will be done through warrant acquisition. Asia II Topco XIII is controlled and managed by affiliates of Blackstone Inc., a global private equity firm with investments across...

Advocates Completing 35 Years Of Practice Felicitated At District Bar Association, Raipur

A felicitation ceremony honouring advocates who have completed thirty-five years of practice was held on December 19, 2025, at the District Bar Association, Raipur. Justice Ramesh Sinha, Chief Justice of the High Court of Chhattisgarh, addressed the gathering and spoke on the enduring values of the legal profession and the constitutional role of the Bar.On the occasion, 32 senior Advocates...