News for 'Court Circular'

Successful UPSC aspirants have no right over choosing cadre, home state: SC

Successful UPSC aspirants have no right over choosing cadre, home state: SC

Rediff.com22 Oct 2021

The Supreme Court on Friday said that successful civil services aspirants have no right to be allocated a cadre of their choice or their home state, and also noted that before selection they opt to serve anywhere in the country "with eyes open" but later "scramble" for home cadre.

RJD feud deepens as Tej Pratap shifts to Rabri home

RJD feud deepens as Tej Pratap shifts to Rabri home

Rediff.com27 Apr 2022

The legislator visited the residence of mother Rabri Devi on Tuesday evening, spent the night at her place and, according to party sources, announced that he will henceforth not be living at the bungalow allotted to him by the state government.

Centre to waive interest on loans up to Rs 2 crore

Centre to waive interest on loans up to Rs 2 crore

Rediff.com3 Oct 2020

In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.

Court accepts plea to examine Smriti Irani's 'fake' degrees

Court accepts plea to examine Smriti Irani's 'fake' degrees

Rediff.com24 Jun 2015

Metropolitan Magistrate Akash Jain took cognisance of the complaint and fixed the matter for recording of pre-summoning evidence on August 28.

'FinMin's prompt measures helped in Nirav Modi extradition process'

'FinMin's prompt measures helped in Nirav Modi extradition process'

Rediff.com16 Apr 2021

Prompt measures and legal actions taken by the Indian government and PNB helped in securing the extradition of diamantaire Nirav Modi by the UK on Friday, a senior official said. UK Home Secretary Priti Patel on Friday signed off on the order to extradite Nirav Modi, wanted in India on fraud and money laundering charges related to the estimated USD 2-billion Punjab National Bank (PNB) scam case. According to the government official, a scam of this magnitude had potential to create instability in the financial sector but the deft handling saved the entire public sector banking space from the crisis and litigation.

Get your house in order: HC rebukes Delhi govt over blackmarketing of oxygen cylinders and medicines

Get your house in order: HC rebukes Delhi govt over blackmarketing of oxygen cylinders and medicines

Rediff.com27 Apr 2021

During an over three-hour hearing on the matter relating to oxygen crisis and shortage of medicines to treat COVID-19 patients in the national capital, the court observed that the "problem lies with the Delhi government" and directed nodal officer Udit Prakash to ensure supply of oxygen by cylinders to hospitals and nursing homes "without fail".

Lalu gets bail in Dumka treasury case; paves way for his release from jail

Lalu gets bail in Dumka treasury case; paves way for his release from jail

Rediff.com17 Apr 2021

The court directed him neither to leave the country without permission nor change his address and mobile number during the bail period.

Bill on crypto currencies likely in winter session of Parliament

Bill on crypto currencies likely in winter session of Parliament

Rediff.com15 Nov 2021

The government is likely to introduce a bill on crypto currencies during the winter session of Parliament beginning November 29, amid concerns over such currencies being allegedly used for luring investors with misleading claims and for funding terror activities, sources said on Monday. Currently, there are no particular regulations or any ban on use of crypto currencies in the country. Against this backdrop, Prime Minister Narendra Modi, on Saturday, held a meeting on the crypto currencies with senior officials and indications are that strong regulatory steps could be taken to deal with the issue.

Travel ban on Greenpeace activist removed by court

Travel ban on Greenpeace activist removed by court

Rediff.com12 Mar 2015

The Delhi high court on Thursday set aside the look out circular issued against Greenpeace activist Priya Pillai, who was offloaded from a flight to London two months back, saying her fundamental right to travel cannot be curtailed.

Sidhu targets Channi govt again, says won't rest until Majithia's arrest

Sidhu targets Channi govt again, says won't rest until Majithia's arrest

Rediff.com26 Dec 2021

Taking on his own party's government, Punjab Congress chief Navjot Singh Sidhu on Sunday asked people whether they were getting cable TV connection and sand at the cheap rates announced recently.

Mumbai removes odd-even rule for shops, allows over counter sale of liquor

Mumbai removes odd-even rule for shops, allows over counter sale of liquor

Rediff.com3 Aug 2020

The relaxation came amid indications that the number of new COVID-19 cases in Mumbai is more or less stabilising since the last few days.

Choksi's firms siphoned off over Rs 6,344.96 cr from PNB

Choksi's firms siphoned off over Rs 6,344.96 cr from PNB

Rediff.com16 Jun 2021

Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned off over Rs 6,344.96 crore from the Punjab National Bank (PNB) using fraudulent letters of undertaking and foreign letters of credit, a CBI investigation into the scam has detected. The findings were submitted by the CBI in a supplementary chargesheet filed before a special court in Mumbai last week, where the agency said the PNB was conned by its employees who were allegedly hand in gloves with Choksi and his company executives and who facilitated the scam as part of a criminal conspiracy. The PNB officials at the bank's Brady House branch in Mumbai issued 165 letters of undertaking (LoUs) and 58 foreign letters of credit (FLCs) during March-April 2017, against which 311 bills were discounted.

Govt to bring bill to ban pvt cryptos in winter session

Govt to bring bill to ban pvt cryptos in winter session

Rediff.com23 Nov 2021

Currently, there is no regulation or any ban on the use of cryptocurrencies in the country.

Future Retail moves SC to avert defaulter tag

Future Retail moves SC to avert defaulter tag

Rediff.com25 Jan 2022

Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.

Why did govt sack so many tax officers?

Why did govt sack so many tax officers?

Rediff.com14 Oct 2019

'If more than 60 commissioner-level tax officials were compulsorily retired in the span of a few months, surely the malaise is far deeper,' notes A K Bhattacharya.

'Shankar is chained for 17 hours a day'

'Shankar is chained for 17 hours a day'

Rediff.com14 Jan 2022

'There are around 80 to 100 elephants in zoos around the country.' 'We should not keep them in captivity for our entertainment.'

NCB witness Gosavi, accused of extortion, says he will surrender in UP

NCB witness Gosavi, accused of extortion, says he will surrender in UP

Rediff.com25 Oct 2021

Kiran Gosavi, an 'independent witness' of the Narcotics Control Bureau (NCB) in the drugs-on-cruise case who is absconding, on Monday refuted the extortion claims made by his aide and another witness in the case, Prabhakar Sail, and said he will surrender shortly before the Lucknow police.

NCB asked SRK for Rs 25 cr to free Aryan: Witness

NCB asked SRK for Rs 25 cr to free Aryan: Witness

Rediff.com24 Oct 2021

Prabhakar Sail, an independent witness in the cruise drugs seizure case, on Sunday claimed that a Narcotics Control Bureau officer and some other persons demanded Rs 25 crore from Bollywood superstar Shah Rukh Khan to release his son Aryan Khan in the case.

Creche for kids of judges accepts only 'neat and clean' children

Creche for kids of judges accepts only 'neat and clean' children

Rediff.com1 Jun 2015

A creche facility for the children of judicial officers and staff at the Rohini district court complex in New Delhi has run into controversy for issuing a fiat that the kids of non-judicial members would be allowed only if they were "neat and clean" and "free from disease".

HC junks Chirag's plea challenging Speaker's decision on uncle

HC junks Chirag's plea challenging Speaker's decision on uncle

Rediff.com9 Jul 2021

The petition sought setting aside speaker's June 14 circular showing the name of Paras as leader of Jan Lokshakti Party in the Lok Sabha.

Delhi Police announces Rs 1 lakh reward for info on Sushil

Delhi Police announces Rs 1 lakh reward for info on Sushil

Rediff.com17 May 2021

Delhi Police on Monday announced a reward of Rs 1 lakh for information leading to the arrest of two-time Olympic medallist Sushil Kumar and nine others in connection with the murder of former junior national wrestling champion Sagar Rana earlier this month.

SC refuses to order hybrid exam mode, says don't mess with education

SC refuses to order hybrid exam mode, says don't mess with education

Rediff.com18 Nov 2021

"Don't mess up with the education system", the Supreme Court said on Thursday while refusing to direct the Central Board of Secondary Education and the Council for the Indian School Certificate Examinations to provide option of hybrid mode, instead of only offline mode, to the students for appearing in class 10 and 12 board examinations amid the COVID-19 pandemic.

Pay Rs 18,000 crore, you can go abroad, Delhi HC tells Naresh Goyal

Pay Rs 18,000 crore, you can go abroad, Delhi HC tells Naresh Goyal

Rediff.com9 Jul 2019

Court order follows submission of govt lawyers that Serious Fraud Investigation Office was probing a case of misappropriation of fund by Jet Airways and Goyal.

ED stops scribe Rana Ayyub at airport from flying abroad, asks to join probe

ED stops scribe Rana Ayyub at airport from flying abroad, asks to join probe

Rediff.com30 Mar 2022

The federal probe agency wants to question and record Ayyub's statement in a money laundering case against her.

SC to hear Congress plea against NOTA in RS polls

SC to hear Congress plea against NOTA in RS polls

Rediff.com2 Aug 2017

On Tuesday, the Congress had approached the EC against NOTA in RS polls.

Bad debts: Banks may have to make provision for Rs 2.2 trn

Bad debts: Banks may have to make provision for Rs 2.2 trn

Rediff.com16 Jan 2020

Bankers said they are looking outside the bankruptcy courts and will be able to resolve a few debts in the power sector before January-end.

SC to govt on loan interest waiver: 'Diwali is in your hands'

SC to govt on loan interest waiver: 'Diwali is in your hands'

Rediff.com14 Oct 2020

The Supreme Court on Wednesday said the Centre should implement "as soon as possible" the interest waiver on loans of up to Rs 2 crore under the RBI's moratorium scheme in view of the Covid-19 pandemic, saying the common man's Diwali is in the government's hands.

Meet the man behind CoinDCX, India's first crypto unicorn

Meet the man behind CoinDCX, India's first crypto unicorn

Rediff.com16 Sep 2021

A large part of the work that CEO Sumit Gupta does is focused on educating users and the larger community about investing in cryptocurrencies, reports Neha Alawadhi.

Britain's Prince Philip to step down from public life

Britain's Prince Philip to step down from public life

Rediff.com4 May 2017

The Duke of Edinburgh will no longer carry out public engagements from September.

Can Religious Rows Hurt DMK In 2024?

Can Religious Rows Hurt DMK In 2024?

Rediff.com21 Sep 2022

Party insiders concede statements of the Raja kind have the potential to hurt the DMK's electoral chances in closely-fought seats in 2024, observes N Sathiya Moorthy.

It's a conspiracy; we'll go to the people's court: Lalu's son

It's a conspiracy; we'll go to the people's court: Lalu's son

Rediff.com30 Sep 2013

Rashtriya Janata Dal chief Lalu Prasad will appeal in the Jharkhand high court against his conviction in a fodder scam case, his family said on Monday and alleged he had fallen victim to a 'conspiracy' by his rivals.

In lieu of a haircut, will banks go bald?

In lieu of a haircut, will banks go bald?

Rediff.com29 Aug 2018

'I suspect the recovery that the banks are going to get out of this IBC is not going to be more than 30 per cent.' 'If you leave the steel industry aside, the recovery rates are not looking very, very healthy,' Jairam Ramesh tells the Rajya Sabha.

SC issues new guidelines for hearings till June 19

SC issues new guidelines for hearings till June 19

Rediff.com17 May 2020

Issuing the fresh SoP, the apex court said for the first time in the Registry, '1881' helpline number will remain functional from 10 am to 5 pm under supervision of senior officers to provide instant solutions to query of advocate and litigants about e-filing and other issues relating to judicial functions.

No penal/compound interest to be levied during loan moratorium: SC

No penal/compound interest to be levied during loan moratorium: SC

Rediff.com23 Mar 2021

The Supreme Court has refused to interfere with the government and RBI's loan moratorium policy, and declined to extend the six-month loan moratorium period.

ED stops Jacqueline Fernandez from flying abroad

ED stops Jacqueline Fernandez from flying abroad

Rediff.com5 Dec 2021

The 36-year-old actor was stopped by the immigration authorities at the Mumbai airport on the basis of a Look Out Circular (LoC) issued by the federal probe agency, they said.

EC 'singularly' responsible for 2nd Covid wave: Madras HC

EC 'singularly' responsible for 2nd Covid wave: Madras HC

Rediff.com26 Apr 2021

The Madras high court on Monday came down hard on the Election Commission and called it the "the most irresponsible institution" for the alleged spread of the second wave of Covid-19 in the country.

RBI to use 'plain English' and de-jargonise its documents

RBI to use 'plain English' and de-jargonise its documents

Rediff.com15 May 2018

The RBI now brings in important and contentious changes directly through voluminous Master Directions, or Master Circulars

Banks knock on courts' doors to recover Rs 1.86 lakh crore

Banks knock on courts' doors to recover Rs 1.86 lakh crore

Rediff.com4 Apr 2016

Cases across the country against defaulters who owe over Rs 1 crore each, reveal CIBIL data.

SC directs Karti Chidambaram to appear before CBI on Aug 23

SC directs Karti Chidambaram to appear before CBI on Aug 23

Rediff.com18 Aug 2017

A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud allowed Karti to be accompanied by a lawyer at the CBI headquarters during the questioning.

Future Retail misses due date for payment of Rs 3,494.56 cr to banks

Future Retail misses due date for payment of Rs 3,494.56 cr to banks

Rediff.com1 Jan 2022

Future Retail on Saturday said it has missed the due date for payment of Rs 3,494.56 crore to banks and lenders as it could not sell assets due to its ongoing litigation with amazon, impacting its monetisation plans. Future Retail had last year entered into a one-time restructuring (OTR) scheme for COVID-19 hit companies with a consortium of banks and lenders and was to discharge "an aggregate amount of Rs 3,494.56 crore" on or before December 31, 2021. Kishore Biyani-led Future group firm would be "co-operating for completing the monetisation of the specified business within next 30 days" as per directions of the banks to resolve the current situation, said a regulatory filing by Future Retail.