Cabinet Okays Setting Up Of National Financial Reporting Authority To Oversee Auditors

The Union cabinet, on Thursday, approved setting up of independent regulator for auditors, the National Financial Reporting Authority (NFRA), which would be taking up several powers which are currently vested with the Institute of Chartered Accountants of India (ICAI).The Supreme Court had  recently suggested that the existing law be amended to separate regulatory regime for auditing services...

Cabinet Approves Fugitive Economic Offenders Bill; Cracks Whip On Offences Worth Rs. 100 Crore Or More [Read The Bill]

The Union Cabinet, on Thursday, approved the Fugitive Economic Offenders Bill, 2018, in a bid to tighten noose around fugitives like diamond merchant Nirav Modi and Vijay Mallya, and prevent such incidents in future.The Bill, which was introduced in September 2017, aims to provide an "effective, expeditious and constitutionally permissible deterrent to ensure that such actions are curbed"....

INX Media Case: CBI Gets Karti Chidambaram In Custody For Another Five Days

The CBI on Thursday got custody of Karti Chidambaram, son of former Union Finance Minister P Chidambaram, for five more days in the INX Media case.Special judge Sunil Rana gave CBI Karti's custody for another five days after the probe agency told that it has ‘shocking’ evidence about what Karti did on his recent visit to the UK.The CBI told the court that Karti had closed certain...

Details Of PM’s Degree: Delhi HC Notice To DU On 3 RTI Activists’ Plea To Make Public Exam Records, Varsity Terms It “Vested Interest”

The Delhi High Court has issued notice to the Delhi University on an intervention application filed by three RTI activists in the matter concerning making public the varsity’s BA exam record of 1978, the year Prime Minister Narendra Modi had graduated, even as the varsity maintained that the information cannot be made public since the same is held in fiduciary capacity.Justice Rajiv...

Delhi HC Acting CJ Gita Mittal-Led Team Makes Surprise Visit To Distt Courts Yet Again

In a repeat of last year’s surprise inspections at the district courts in the city, Delhi High Court Acting Chief Justice Gita Mittal along with several judges paid an unannounced visit on Thursday morning to the six subordinate courts.ACJ Mittal, who is a strict advocate for an upright and disciplined justice delivery system and administration, was assisted by Justice Ravindra...

Cong LS Leader Kharge Refuses To Attend Lokpal Panel Meet As ‘Special Invitee’

“At the outset let me state on behalf of myself, my party and the entire opposition that the ‘Special invitee invitation’ is a concerted effort to exclude the independent voice of the opposition altogether from the selection process of the most important anti-corruption watchdog”, Kharge said in a letter to PM ModiThe Congress leader in the Lok Sabha Mallikarjun Kharge today refused...

SC Helps Couple To End Prolonged Matrimonial Litigation By Allowing Divorce By Mutual Consent [Read Judgment]

The Supreme Court recently allowed divorce by mutual consent in a matrimonial case by closing a prolonged litigation.A bench of Justice Kurian Joseph and Mohan M Shantanagouder was hearing an appeal against a judgment of the High Court of Andhra Pradesh and Telangana.The court had made several attempts for a peaceful and amicable settlement of the disputes, through mediators and also by the...

INX Media Case: CBI Gets One-Day Custody Of Karti Chidambaram

Karti Chidambaram, son of former Union Finance Minister P Chidambaram, has been remanded in one-day CBI custody by a Delhi court in the INX Media case.The CBI had sought Karti’s remand for 15 days saying he has been evasive in his response and given statements contradictory to the evidence.Karti was arrested by the CBI from the Chennai airport early during the day on his return from London...

Plea To Declare Telangana Eunuchs Act Unconstitutional As It Violates The Fundamental Rights Of Transgenders: AP HC Issues Notice To State

The Andhra Pradesh High Court on Tuesday issued notice to the State of Telangana on a writ petition challenging the Telangana Eunuchs Act of 1919 as being ultra vires to Articles 14, 15, 19 and 21 of the Constitution of India.The petition, instituted by three transgender activists associated with the Centre for Law & Policy Research, filed through advocates Jayna Kothari and Disha...

Cabinet Committee Approves The Proposal Of Appointments Of New ASGs

The appointment Committee of the Cabinet (ACC) has approved the proposal for the appointment of senior advocates Vikramjit Banerjee, Aman Lekhi and Sandeep Sethi as new Additional Solicitor General for the Supreme Court of India till 30.06.20.The Committee also approved the extension of the term of Senior Advocates Maninder Singh, PS Narsimha, Tushar Mehta and Pinky Anand as Additional...

Kerala Tribal Lynching Case: HC Takes Suo Motu Cognizance Based On Sitting Judge’s Letter [Read Letter]

Kerala High Court took suo motu cognizance on tribal youth Madhu’s murder, based on a letter written by Justice Surendra Mohan to Chief Justice Antony Dominic.The Division Bench comprising Chief Justice Dominic and Justice Dama Sheshadri Naidu has asked the Government to file the reply in 15 days.It was on February 22, 27-year-old tribal youth Madhu was beaten to death by a mob at...

Former Supreme Court Judge, Justice Ratnavel Pandian Passes Away

Former Supreme Court Judge Justice S. Ratnavel Pandian passed away on Wednesday at Chennai.He was a Judge of the Supreme Court of India from 14th December, 1988 to 12th  March 1994. In 2006 he was appointed as the Chairperson of National Commission for Backward Classes. His son Justice R. Subbiah is a sitting Judge of Madras High Court.As per the Supreme Court of India website,he was born...