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).
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.
Pakistan cricketers Salman Butt and Mohammad Amir have filed appeals against their bans with the Court of Arbitration of Sport (CAS) in Switzerland.
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.
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.
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 Supreme Court on Thursday set aside the Bombay high court verdict cancelling the caste certificate of Amravati MP and BJP leader Navneet Kaur Rana.
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.
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.
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.
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.
Google abusing dominance in online web search, watchdog said; Matrimony.com complaining the search giant had got off too lightly
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.
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.
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.
The Court of Arbitration for Sport C(AS) has rejected Romanian striker Adrian Mutu's appeal against an order to pay 17.17 million euros ($24.2 million) in damages to Chelsea, the court said in a statement on Friday. Mutu, now playing for Fiorentina in Italy, was ordered to pay the sum by FIFA last year after he was fired by the Premier League club in 2004 for testing positive for cocaine.
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.
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.
Left-arm spinner Raza Hasan has filed an appeal against the two-year ban slapped on him for returning positive in a dope test by Pakistan Cricket Board.
A court has issued a notice to the Pakistan Cricket Board in response to an application by fast bowler Shoaib Akhtar seeking an early hearing of his appeal challenging the one and a half year ban and fine of Rs 7 million imposed on him.
The verdict in Maria Sharapova's appeal against a two-year doping ban will be announced by the Court of Arbitration for Sport (CAS) on Tuesday.
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.
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 National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the petition filed by an employee association of debt-ridden Jet Airways, challenging the sale of two floors of office space in Mumbai's business district of Bandra Kurla during the insolvency process of the grounded carrier. Jet Aircraft Maintenance Engineers Welfare Association (JAMEWA had challenged the orders passed by the Mumbai bench of the National Company Law Tribunal (NCLT) on June 11, 2021, allowing the sale of the office space for Rs 490 crore. The association had contended that the sale of BKC property, was not permissible under the Insolvency & Bankruptcy Code (IBC) as a moratorium was declared over the assets of the company after an order dated June 20, 2019.
To decide whether capital gains on surrender of call options are taxable
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.
'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.'
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.
The ruling by the CAS, sport's highest tribunal, will be taken into consideration by the International Olympic Committee (IOC) as it ponders whether to impose a blanket ban on Russia from all sports.
The Korea Olympic Committee has turned down Park Tae-hwan's appeal to overturn a controversial doping suspension, leaving the swimmer's hopes of competing at the Rio Games in the hands of the Court of Arbitration for Sport (CAS).
An independent tribunal of the ITF will now deliberate upon the appeal and make a final decision by November 18.
The French Tennis Federation has welcomed the decision of a French tribunal to lift the suspension of plans to expand Roland Garros, the home of the French Open tournament.
Formula One team Sauber lost their appeal on Thursday against a court verdict that ruled in favour of Dutchman Giedo van der Garde's bid to drive for them.
Total number of tax disputes in SC cross 10,000
Summary of sports events and persons who made news on Monday
'Lawyers don't know if a particular judge would like being addressed as 'Sir', and thus the colonial terms are 'safe' to use.'
IPO-bound hospitality major OYO has written to the Ministry of Tourism (MoT) requesting it to intervene and investigate the running of the Federation of Hotel and Restaurant Associations of India (FHRAI) and order eviction of erring executive committee members. The hotel aggregator urged the MoT to take necessary action against FHRAI's "illegally run" Executive Committee and its members who are working for self-interest instead of that of small hotel owners. The representation by OYO alleged that FHRAI's actions are detrimental to small hotel owners.
India's most heavily indebted property firm, DLF has filed an appeal with the Securities Appellate Tribunal (SAT) against a ban from tapping capital markets for three years, a spokeswoman for the appellate told Reuters.
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
The Delhi high court on Friday declined Future Group's plea for stay on an arbitration tribunal order refusing to interfere with the Emergency Award (EA) which restrained it from going ahead with the Rs 24,731 crore merger deal with Reliance Retail. Justice Suresh Kumar Kait sought response from US-based e-commerce giant Amazon which had challenged the merger before the Singapore arbitration tribunal under SIAC, and listed the appeals by Future Coupons Pvt Ltd (FCPL) and Future Retail Ltd (FRL) for further hearing on January 4. Senior counsel Harish Salve, appearing for FRL, urged the court to pass an interim order clarifying that an earlier order passed by the Supreme Court - which stayed all proceedings in relation to the enforcement of the EA - would remain in force despite the subsequent order passed by the duly constituted arbitration tribunal.
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