SEBI v. Sahara| Supreme Court Asks SEBI To Examine Sahara Group's Proposed JV Agreement For Versova Land

The Supreme Court today (January 8) directed the Security Exchange Board of India (SEBI) to examine Sahara Group's Joint Venture Agreement proposed for developing latter's Versova land in Mumbai and file sealed cover response before the Court. The proposed developer for the project is also ordered to deposit Rs.1000 Crores with the Court in 15 days from today. The bench of CJI Sanjiv Khanna...

Frame Cashless Treatment Scheme For Road Accident Victims During 'Golden Hour' By March 14 : Supreme Court Directs Centre

The Supreme Court today (January 8) directed the Central Government to frame a scheme for cashless treatment for victims of motor vehicle accidents during the “golden hour”, the first hour after a traumatic injury when prompt medical care has the highest likelihood of preventing death by March 14, 2025.“Once the scheme is framed and its implementation starts, it will save the lives...

WB Universities' VC Appointments | '17 Names Cleared By Governor', Attorney General Says; Supreme Court Gives 3 Weeks' Time For The Remaining

In the matter pertaining to appointment of Vice Chancellors for certain West Bengal Universities, the Supreme Court was informed today that the Chancellor (Governor) has cleared the names of 17 VCs.A Bench of Justices Surya Kant, Dipankar Datta and Ujjal Bhuyan adjourned the matter by 3 weeks, in light of Attorney General R Venkataramani's request to grant some more time to the Chancellor...

'Time He Lost Can't Be Restored' : Supreme Court Frees Prisoner After 25 Years, Finds He Was A Minor At The Time Of Offence

In a remarkable judgment, the Supreme Court on Wednesday (January 8) ordered the release of a prisoner, who has been under incarceration for nearly 25 years, after finding that he was a juvenile at the time of the offence in the year 1994.A bench comprising Justice MM Sundresh and Justice Aravind Kumar found that he was only 14 years old at the time of the commission of the offence.The...

Formula E Race Case: Telangana High Court Permits KT Rama Rao's Lawyer To Watch ACB Interrogation Through Glass Window

Telangana High Court on Wednesday (January 8) permitted BRS MLA KT Rama Rao's lawyer to be present in the library room in the Anti Corruption Bureau's office–stated to be opposite to the examination room where Rao will to be interrogated in the FormulaE Race case on Thursday, so that his lawyer can observe the proceedings. Justice K Lakshman while dictating the order clarified that having...

Mullaperiyar Dam : Supreme Court Seeks Union Govt's Response On Constitution Of National Committee Under Dam Safety Act

On being apprised that a National Committee on Dam Safety contemplated under the Dam Safety Act, 2021 has not been constituted till date, the Supreme Court today called for the Union of India's response to a petition involving the issue of structural safety of the Mullaperiyar Dam (situated in Kerala but operated by Tamil Nadu).A bench of Justices Surya Kant, Dipankar Datta and Ujjal...

S.187 BNSS | Supreme Court Affirms HC Judgment That Police Custody Must Be Within First 40 Days For Offences Punishable Upto 10 Yrs Imprisonment

The Supreme Court on Wednesday refused to interfere with the judgment of the Karnataka High Court which held that as per Section 187 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), the 15-day police custody must be sought within the first forty days in cases of offences which are punishable upto ten years of imprisonment.A bench comprising Justice Sudhanshu Dhulia and Justice Prashant...

'Land Meant For Poor Can't Be Commercially Exploited' : Supreme Court Sets Aside HC Direction To Convey Mumbai Plot To Pvt Company

The Supreme Court on Tuesday (January 7) set aside Bombay High Court's order directing the Municipal Corporation of Greater Mumbai (MCGM) to execute a formal conveyance deed in favour of Century Textiles and Industries Limited granting it ownership rights over approximately five acres land in Lower Parel.A bench of Justice Vikram Nath and Justice Prasanna B Varale allowed MCGM's appeal...

Domestic Violence Act Cases Have No Penal Consequence Except For Breach Of Protection Order: Supreme Court Criticises Issuance Of Bailable Warrants

The Supreme Court criticized the issuance of bailable warrant by a Magistrate in a cases under the Protection of Women from Domestic Violence Act, 2005The Court remarked that there is no justification for issuing bailable warrants in cases under the Domestic Violence Act as they are quasi-criminal proceedings and do not carry penal consequences unless a protection order is...

Petitioners Request Supreme Court To Hear Challenge To Election Commissioners' Law Before Retirement Of CEC In February

On mentioning of the pleas challenging constitutionality of the Chief Election Commissioner and Other Election Commissioners Act, 2023, which removed the Chief Justice of India from the selection panel appointing Election Commissioners (ECs), the Supreme Court today expressed inclination to hear the matter on February 4.The pleas were mentioned before a bench of Justices Surya Kant,...

Vicarious Liability Of Company Directors/Officials Not Automatic; Specific Statutory Provision & Personal Involvement Needed : Supreme Court

The Supreme Court noted that directors/officials cannot be held vicariously liable for a company's illegal actions unless it is demonstrated that the official personally engaged in the conduct directly linking them to the company's liability, and such liability is supported by a specific statutory provision. “While a company may be held liable for the wrongful acts of its employees,...

SARFAESI | Borrower's Right Of Redemption Available Only Till Notice For Sale Of Mortgaged Asset Is Published : Supreme Court

The Supreme Court has stated that the right of a borrower to redeem the secured asset can be exercised only till a notice for the sale of the mortgaged property is published in terms of Rule 9(1) of the Security Interest (Enforcement) Rules, 2002.The Court observed that till the 2016 amendment to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest...