The apex court set aside the order of the Kerala high court which had upheld the Central Administrative Tribunal's decision that had not found fault with the state government's decision to transfer Senkumar from the post of the state police chief.
An emergency motion filed on Saturday asking the US supreme court to stop the weddings being performed in San Francisco has upset the South Asian Lesbian, Gay, Bisexual, Transgender, Intersex, Queer and Questioning community. Ritu Jha reports
Till such time that a new governance framework comes into being, the progress of reforms in health, education, land, labour, electricity and agriculture could remain fraught with problems, agitations and delays, observes A K Bhattacharya.
The Supreme Court on Friday directed Sahara Group firm Sahara India Real Estate Corp to approach the Securities Appellate Tribunal against the order of Sebi directing the return of money collected from investors for an OFCD scheme within a period of three weeks.
Looks like the Udta Maker makes will get no help from the government
Bangladesh's supreme court on Tuesday upheld the death sentences of two fugitive junior military officers awarded by a local court for killing four top national leaders, including the then acting president Syed Nazrul Islam, inside the Dhaka Central Jail in 1975.
'To save the LTCG, it's always better that the owner of the property that was sold also becomes the title holder in the new one.'
With the Jaypee acquisition, the Suraksha group, which made lenders an offer of Rs 7,736 crore, will be able to expand its footprint in north India after making inroads in Mumbai's real estate market over the past year. Sudhir Valia, the promoter, was a co-founder and executive director of India's biggest pharmaceutical firm, Sun Pharmaceuticals, and is a close relative of Dilip Shanghvi.
Debt-ridden mortgage firm DHFL's shares would be delisted from stock exchanges post acquisition by Piramal Capital and Housing Finance, which has emerged as the successful bidder for the company. As part of resolution process under the Insolvency and Bankruptcy Code (IBC), lenders led by Union Bank of India in January this year favoured the bid by Piramal Capital and Housing Finance to take over the beleaguered housing finance firm. According to sources, shares of DHFL would be delisted post acquisition as per the IBC guidelines and Sebi delisting norms.
Gupta's two-year prison term is set to end in March 2016.
During the hearing, which went for over two hours, the woman said she wanted to go with her husband Shafin Jahan.
The JNU panel had in 2016 recommended rustication of Khalid and two other students and imposed a fine of Rs 10,000 on Kumar.
Bangladesh's Supreme Court on Wednesday upheld the death penalty for an influential opposition BNP leader Khaleda Zia for committing crimes against humanity.
In a setback to telecom service providers, the Supreme Court on Thursday allowed the Centre's plea to recover adjusted gross revenue (AGR) of about Rs 92,000 crore from them.
A tribunal consented with the decision of the newly constituted board of the IL&FS and observed that the initiation of bankruptcy proceedings was the best option for the two firms.
Interview with Tamal Bandyopadhyay, the author of Sahara: The Untold Story.
Supreme Court advises temperance in criticising judges who make bona fide errors, says M J Antony
Allaying investors' fears, Franklin Templeton AMC has said Sebi's order prohibiting the company from launching new debt funds will have no bearing on existing schemes managed by it. Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees of over Rs 512 crore (including interest) collected with respect to the six debt schemes. This amount will be used to repay unitholders, as per Sebi order.
The Union government's offer of settling the retrospective taxation case with Cairn Energy may hinge on Vedanta withdrawing the ongoing arbitration from the Singapore Tribunal on the same issue. The government has offered to refund Cairn Energy Rs 7,900 crore that it had collected under the retrospective tax demand on fulfilment of certain conditions, including withdrawal of pending litigation and furnishing of an undertaking to the effect that no claim for cost, damages, interest, etc., would be filed. This condition is also part of the Taxation Laws (Amendment) Bill, 2021, passed by Parliament recently.
The Committee will 'examine the assessment orders, appellate orders and scrutiny report for the appeal to the ITAT related to orders. . . and give its recommendations for different income groups, separately for corporate and non- corporate assesses", CBDT said.
The proposed rules, aimed at replacing RTI rules of 2012, have been placed by the department of personnel and training on its website for comments from public.
Has death penalty in the statute served as a deterrent for heinous crime?
Total number of tax disputes in SC cross 10,000
The high court had on May 12, nullified 2017 election of Chudasama on the ground of malpractice and manipulation and have also refused to stay of the operation of the order till the disposal of his appeal
However, the Appellate Body declined to make any recommendations to the WTO's dispute settlement body what India should do in the light of its ruling. The government has already removed the additional duty on wines and spirits last year. Similarly, it exempted various products from the extra duty, making the case redundant.
The mistrust between the authorities and service providers can end if the contentious issues are addressed as a package deal.
Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.
The total default is said to be in excess of Rs 3,000 crore - making this the largest default by a broker.
The Singapore high court has put a freeze on deposits of $ 6.122 million following Enforcement Directorate's request on the ground that the money was "proceeds of crime" illegally siphoned off by Nirav Modi from the Punjab National Bank.
The court said the theory was based on the hypothesis that the Noida Police would not be able to find the body on the terrace on May 16, 2008 when Aarushi was found dead in her room.
The Supreme Court has issued notices to 23 states and three UTs on a petition by Tata Motors seeking quashing of the Central Sales Tax Appellate Authority's decision asking it to pay Central Sales Tax to the tune of around Rs 14 crore (Rs 1 40 million) on sale of bus chassis to the Andhra Pradesh government.
Voters have a fundamental right to know the academic qualification of a candidate and any false declaration on this count can warrant rejection of nomination papers, the Supreme Court has held.
The court ordered a probe into the role of Kerala police officers involved in arrest of Nambi Narayanan.
The government has sent show-cause notices to 5 telecom firms including Reliance Communications and Tata Teleservices for alleged understatement of revenues of over Rs 10,000 crore.
The Competition Appellate Tribunal (Compat) had on December 7 last year ordered fair trade watchdog CCI to probe afresh the alleged abuse of dominance by the popular tax-hailing app operator.
The four, who are in jail since their arrest in 2013, had approached the high court in 2016 after a special court rejected their bail pleas in June that year.
The bench, which said that Sahara group must refund the amount by August 31 or face personal appearance, however, refrained from passing orders as the counsel for Roy pleaded that no such order be passed without hearing him and posted the case for hearing on July 24.
Under the Vivad se Vishwas scheme, the MNCs will have to bring in disputed amount to India, else, the entire money will be considered as loan from subsidiaries on which interest will have to be paid.
Pakistan's Supreme Court on Wednesday set aside the death sentences given by a military court to two men who were convicted of involvement in a suicide attack on former president Pervez Musharraf in 2003.
The Vivaad se Vishwas Tak scheme will be one area where some much-needed revenue can be collected by the government. The scheme can be more successful if some specific steps are taken, says investment advisor Harsh Roongta. This results in a very high tax demand. Investment advisor Harsh Roongta takes you through the maze of appeals and counter appeals.