Delhi Court To Hear Tomorrow Anticipatory Bail Plea Of IAS Trainee Puja Khedkar Booked For False UPSC Application

A Delhi Court will hear tomorrow the anticipatory bail plea moved by probationer Puja Khedkar accused of “misrepresenting and falsifying facts" in her application for Union Public Service Commission (UPSC) Civil Services Examination, 2022.Additional Sessions Judge Devender Kumar Jangala of Patiala House Courts adjourned the matter today after the APP sought adjournment on the ground that...

'Our Responsibility Is To Be Kind To Animals': Delhi Court Sentences Man To One Year In Jail For Throwing Acid At Dog

A Delhi Court has recently sentenced a man to one year of simple imprisonment for throwing acid on a dog resulting in the loss of one eye in 2020. Additional Chief Metropolitan Magistrate Richa Sharma had convicted the man for the offences under Section 429 (Mischief by killing or maiming cattle, etc.) of the Indian Penal Code, 1860 and Section 11 (1) (treating animals with cruelty)...

RoC Imposes Rs. 21.46 Lakh Penalty On Indus Biotech Limited And Its Officers For Failure To File Form BEN-2

The Registrar of Companies Pune has imposed a penalty of Rs. 21.46 Lakh on Indus Biotech Limited and its officers for failure to file Form BEN-2 within the stipulated period of time. Form BEN-2 is a form prescribed under the Companies Act, 2013 and the Companies (Significant Beneficial Owners) Rules, 2018. It is used by companies to file a return of significant beneficial owners with...

RBI Imposes Penalties on Ola Financial Services, Manappuram Finance, Visa Worldwide for KYC Norm Violations And Unauthorized Payment Methods

The Reserve Bank of India (RBI) has imposed penalties on Ola Financial Services Pvt. Ltd., Manappuram Finance Limited, and Visa Worldwide Pte. Ltd. for various infractions related to Know Your Customer (KYC) norms and unauthorized payment methods. Ola Financial Services has been subject to two significant fines from the RBI. The first fine, amounting to ₹33.40 lakh, was imposed due...

SEBI Imposes ₹5 Lakh Penalty On HSBC Asset Management For Inadequate Investment Decision Documentation

The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹5 lakh on HSBC Asset Management (India) Private Limited (HSBC AMC). This penalty was levied after an earlier order that exonerated HSBC AMC was found to be flawed and contrary to the interests of the securities market. The scrutiny began with the examination of HSBC AMC's investment decisions focusing...

SEBI Imposes Three-Year Ban On Vijay Mallya For Securities Market Manipulation

The Securities and Exchange Board of India (SEBI) has imposed a three-year ban on Vijay Mallya, a prominent businessman and former chairman of United Breweries Group. This decision bars Mallya from trading in the securities market and prohibits him from associating with any listed company, either directly or indirectly. This decision stems from Mallya's involvement in a scheme...

Delhi Court Grants Bail To Medha Patkar In Defamation Case Filed By LG VK Saxena, Suspends 5-Month Sentence

A Delhi Court on Monday granted bail to Narmada Bachao Andolan leader and activist Medha Patkar in the criminal defamation case lodged against her by Vinai Kumar Saxena in 2001. VK Saxena is presently Delhi's Lieutenant Governor. Additional Sessions Judge Vishal Singh of Saket Courts also suspended till further orders the order sentencing Patkar to 5 months of imprisonment along with Rs. 10...

CCI - No Proof Of Rigging In Joint Tender Issued By Public Oil Marketing Companies For Procurement Of Ethanol For Blending In 2013

The Competition Commission of India (Commission) bench, comprising Ms. Ravneet Kaur (Chairperson), Ms. Sweta Kakkad (Member), Anil Agrawal (Member) and Mr. Deepak Anurag (Member), has concluded that there is no sufficient evidence to determine that the Opposite Parties, which include three Sugar Mill Associations, three PSU Oil Marketing Companies, and 14 mills situated in Uttar...

Chhattisgarh HC Hosts State-Level Judicial Officers' Conference On 'Overcoming Challenges: The Emerging Role Of District Judiciary In Modern India'

The Chhattisgarh High Court hosted the State-Level Conference of Judicial Officers on July 28. The conference focused on "Overcoming Challenges: The Emerging Role of District Judiciary in Modern India." The one-day conference aimed to equip Judicial Officers with the knowledge and tools to navigate the evolving judicial landscape. The conference was attended by 3 Supreme...

Piramal Insider Trading: Piramal Capital Housing Finance Former Managing Director Settles With SEBI By Paying Rs 91 Lakh

The former managing director of Piramal Capital Housing Finance Ltd and his wife have settled with the Securities and Exchange Board of India (SEBI) for unlawful gains accrued through the misuse of unpublished price-sensitive information (UPSI) by key individuals and entities associated with the company. The terms included the payment of over Rs 91 lakh by Khushru Burjor Jijina, the...

No Sufficient Evidence To Establish Dominance In Loan Against Property Market, CCI Dismisses Complaint Against Indiabulls Housing Finance Limited

The Competition Commission of India (Commission) bench, comprising Ms. Ravneet Kaur (Chairperson), Ms. Sweta Kakkad (Member), Anil Agrawal (Member) and Mr. Deepak Anurag (Member), has dismissed the complaint against Indiabulls Housing Finance Limited (IHFL) and its Former Chairman, Chairman, Vice Chairman, Managing Director, Executive Director, and Financial Officer. The Commission...

50 Constitution Bench Matters Pending In Supreme Court, Oldest From 1994; 2192 Cases Disposed Since 1950: Law Ministry

Presently, 50 Constitution Bench matters are pending in the Supreme Court. Out of these, 35 cases are pending before 5-Judge Bench, 8 cases are pending before 7-Judge Bench and 9 cases are pending before 9-Judge Bench for adjudication. This information was furnished by the Union Ministry Of Law & Justice as per the information available on the National Judicial Data Grid (NJDG),...