The tribunal raised tax demand against several airlines, including Jet.
The Supreme Court on Thursday set aside the Bombay high court verdict cancelling the caste certificate of Amravati MP and BJP leader Navneet Kaur Rana.
Pakistan fast bowler Muhammad Asif has filed an appeal against his five-year ban by the ICC with the Court of Arbitration for Sport (CAS) in Switzerland.
Banned UEFA president Michel Platini has taken his appeal against a ban from soccer by FIFA to the Court of Arbitration for Sport (CAS), the Swiss-based sports tribunal said.
The Supreme Court has dismissed an appeal filed the customs department against Adani Power Maharashtra Limited (APML), Adani Power Rajasthan Limited (APRL) and others in a case pertaining to alleged over-valuation of imported goods. "We have heard Balbir Singh, Additional Solicitor General appearing for the appellant(s), and Mukul Rohatgi, senior counsel appearing for the respondents, at length. "We are of the considered opinion that the matters are concluded by the findings of fact recorded by the authorities below and the impugned order(s) does not require any interference at our behest.
Four special benches will start functioning in the Supreme Court from next week to hear criminal appeals, direct and indirect tax and land acquisition matters and motor accident claim cases, Chief Justice of India Justice D Y Chandrachud said on Wednesday.
The Competition Commission is understood to have issued demand notices to Google for its failure to pay within the stipulated time the penalties imposed on the internet major for anti-competitive practices, according to sources. Google has filed appeals before the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India's (CCI) two orders in October. The appeals are yet to be heard by the tribunal.
Lenders of debt-ridden Jet Airways on Tuesday filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against implementation of the resolution plan by the Jalan-Kalrock consortium, according to sources. The sources said the lenders have maintained that the condition precedent mentioned in the resolution plan of the consortium has not been met. And therefore, the plan is not valid. "The lenders want the plan to be circled back to the committee of creditors (CoC) for fresh consideration," the sources said.
In a major relief to media major Zee Entertainment Enterprises Ltd (ZEEL), the National Company Law Appellate Tribunal (NCLAT) on Friday stayed the insolvency proceedings initiated against it earlier this week. Admitting a petition filed by ZEEL Managing Director and chief executive Punit Goenka, the appellate tribunal issued notices to private sector lender IndusInd bank and the interim resolution professional directing them to file a reply in two weeks. NCLAT said the submissions made by both sides need a detailed hearing.
Former army commander P K Rath, who was given a clean chit by Armed Forces Tribunal in the Sukna land scam, on Saturday said that the verdict had vindicated his stand while ex-army chief V K Singh demanded that the government should go for appeal against the military panel's judgement.
The Supreme Court on Thursday refused to entertain the plea of US tech giant Google against an order of the National Company Law Appellate Tribunal (NCLAT) refusing an interim stay on the competition regulator imposing a Rs 1,337 crore penalty on it. A bench of Chief Justice DY Chandrachud and Justices PS Narasimha and J B Pardiwala granted the US firm seven days to deposit 10 per cent of the penalty imposed by the Competition Commission of India (CCI).
The Indian contingent said it had not lodged a formal protest with the Court of Arbitration for Sports over boxer Vikas Krishan's ouster from the Olympics 69kg bout though it had an earlier stated that it had a sent an appeal letter to the world sports' top tribunal.
In a deft move, the lawyers of Mohammed Haneef, the Indian doctor who was accused of backing a terror outfit, have compared the medico's case to the sensational 'Children Overboad Affair'* that rocked Australia some years ago.
The National Stock Exchange (NSE) has received Rs 300 crore from the Securities and Exchange Board of India (Sebi) following relief from the Supreme Court (SC), which is hearing an appeal by the market regulator in the colocation case. The court on March 20 asked Sebi to return Rs 300 crore to the NSE from the Rs 1,107 crore the exchange had deposited as part of the disgorgement in the case. The NSE had given an undertaking that it will return the entire amount to Sebi if the latter wins its appeal before the SC.
Pakistan spinner Danish Kaneria, who is serving a life ban for spot-fixing, has challenged the petition of the England and Wales Cricket Board filed in the Sindh High Court to recover costs and fines of the case from him.
Shoaib Akhtar's personal doctor has indicated he too plans to appeal.
Shoaib Akhtar's chances of being named in Pakistan's preliminary squad for the Champions Trophy have receded after his lawyer said he would not pay a hefty fine in time to be considered for selection. The Pakistan Cricket Board (PCB) postponed the announcement of its preliminary squad until Tuesday and sent a notice to paceman Shoaib asking him to pay the seven million rupees ($247,600) fine imposed on him by an appeals tribunal in June.
Pakistan fast bowler Mohammad Asif has joined Salman Butt and Mohammad Amir in filing an appeal against his ban with the Court of Arbitration for Sport (CAS) in Switzerland.
Pakistan's provisional squad for the World Cup in the West Indies also included Shabbir Ahmed who last month completed a 12-month ban for having an illegal bowling action.
Barcelona said it could make a new appeal against the "disproportionate" one year transfer ban ordered by FIFA to a Swiss court, AFP reported.
Treats gains on sale of as capital gains, not business income, spares him from huge tax liability.
Former Pakistan cricketers Salman Butt and Mohammad Asif lost their appeals against bans for spot-fixing in the Lord's Test against England in 2010.
Kaneria after denying his involvement in spot-fixing and pleading his innocence finally admitted in late 2018 to a foreign television network he was guilty.
The National Company Law Tribunal has admitted an Indusind Bank plea for insolvency proceedings against Zee Entertainment Enterprises Limited (ZEEL). The division bench of judicial member H V Subba Rao and technical member Madhu Sinha on Wednesday also appointed Sanjeev Kumar Jalan as the resolution professional in the matter. The matter pertains to a default of Rs 89 crore by Zee Group's multisystem operator arm Siti Networks claimed by Indusind Bank, for which ZEEL was a guarantor.
India's top two singles players Sumit Nagal and Sasi Kumar Mukund have conveyed to the national tennis federation that they won't travel to Pakistan for the next Davis Cup tie.
Former FIFA president Sepp Blatter will discover on Monday whether he has won his appeal against a six-year ban from football imposed for ethics violations amid the biggest corruption scandal ever to shake the world soccer body.
With the Supreme Court turning down Google's plea for a stay on the CCI order, the tech giant on Friday said it is reviewing the details of the decision which is limited to interim relief and did not decide the merits of the appeal. The company said it remains committed to users and partners and "will cooperate with the CCI on the way forward in parallel with our appeal." In a setback to Google, the Supreme Court on Thursday endorsed the order of the National Company Law Appellate Tribunal (NCLAT) declining to grant an interim stay on the imposition of Rs 1,337 crore penalty on the US tech major by the competition regulator for allegedly abusing its dominant position in the Android mobile device ecosystem.
Pakistan cricketers Salman Butt and Mohammad Amir have filed appeals against their bans with the Court of Arbitration of Sport (CAS) in Switzerland.
'The othering of religious groups inevitably leads to violence.' 'It is sadly a narrative that has echoed through the centuries since man first discovered God.'
The Delhi High Court Tuesday restrained the Enforcement Directorate from taking any further action pursuant to the attachment of Amnesty International India's funds in connection with a money laundering case.
Chelsea's John Terry will not appeal against his four-match ban and 220,000-pound fine for racially insulting Queens Park Rangers defender Anton Ferdinand, the player said in a statement on Thursday.
Disgraced former FIFA president Sepp Blatter has pledged to accept the verdict as he made his final appeal before the Court of Arbitration for Sport (CAS) against his six-year ban from all football-related activities.
Russia has lost its appeal against its ban from next month's Rio Paralympics because of a state-sponsored doping programme, the Court of Arbitration for Sport (CAS), sports highest tribunal, said on Tuesday. The decision to exclude Russia's entire Paralympics team, initially made on Aug. 7 by the International Paralympic Committee (IPC), means at least 250 Russian competitors are set to miss the Sept. 7-18 event.
Real Madrid have won a small victory in their dispute with FIFA over the illegal signing of under-age foreigners after the Court of Arbitration for Sport (CAS) temporarily lifted its ban on appeal.
We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.
Google abusing dominance in online web search, watchdog said; Matrimony.com complaining the search giant had got off too lightly
Fair trade regulator CCI on Thursday alleged that Google has created a digital data hegemony and called for a market space with "free, fair and open competition". Concluding the arguments of the Competition Commission of India (CCI) before the appellate tribunal NCLAT in the Google matter, Additional Solicitor General N Venkataraman said a market with greater freedom for all players would be in total sync with principles of free competition rather than the 'walled garden' approach of the internet major. On October 20 last year, the CCI slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices.
The Court of Arbitration for Sport will rule in the first week of October on five-times grand slam champion Maria Sharapova's appeal against a two-year tennis ban, the sports tribunal said on Tuesday. The 29-year-old Russian was banned by the International Tennis Federation (ITF) in June following a positive test for the banned drug meldonium during January's Australian Open.
Mario Balotelli has accepted a fine of two weeks' wages from Manchester City after withdrawing his appeal against disciplinary action taken against him by the Premier League champions, the club said on Wednesday.
Japan's Sony Corporation, which is merging its Indian television content company with Zee Entertainment Enterprises, is likely to seek a fresh forensic audit of the company after market regulator Sebi levelled fund diversion charges against Zee promoters, top lawyers said. The Sebi also barred Zee founder Subhash Chandra and its Chief Executive Officer (CEO) Puneet Goenka from holding any position as director. "As the Sebi has made fund diversion charges, which may change the nature of audited reports already filed, the acquirer (Sony) can seek a fresh forensic audit," said H P Ranina, a corporate lawyer.
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