The Canara Bank on Thursday informed the Bombay high court that it has withdrawn its order classifying as "fraudulent" the loan account of a firm linked to industrialist Anil Ambani. After the bank's disclosure, a bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Ambani challenging the bank's order, saying nothing survives in it.
The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.
The Nagpur municipal chief has offered an unconditional apology to the Bombay High Court for the demolition of houses belonging to accused in a riots case, citing ignorance of Supreme Court guidelines on such actions. The civic officials were unaware of the Supreme Court's order, which mandates procedural safeguards before demolishing properties linked to riots accused, the commissioner stated in an affidavit. The court has granted the Maharashtra government two weeks to respond to the matter.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
The Supreme Court of India has ordered all high courts to ensure that civil courts under their jurisdiction decide execution petitions within six months, failing which presiding officers will be held accountable. The court cited the significant delay in resolving such petitions, which are filed to enforce decrees in civil disputes, and noted that this delay undermines the purpose of the decree itself. The verdict stems from a 1980 civil dispute from Tamil Nadu, highlighting the long-standing issue of delayed execution proceedings in India's legal system.
The Supreme Court addressed the issue of probe agencies summoning lawyers for providing legal advice to clients under investigation, emphasising that lawyers should not be summoned merely for offering legal advice but can be if they are assisting in the crime. The court is considering guidelines to prevent investigative overreach and protect lawyer-client privilege.
Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
'In no way can an advocate be considered responsible for his or her client's actions.'
The Bombay high court on Thursday quashed the Look Out Circulars (LOCs) issued against Rhea Chakraborty, her brother and father by the Central Bureau of Investigation (CBI) in connection with its probe into the death of actor Sushant Singh Rajput.
The sons of Hizb-ul-Mujahideen chief Syed Salahuddin, Syed Ahmad Shakeel and Syed Shahid Yusuf, have challenged a rule in the Delhi Prison Rules that bars those accused of offences against the state, terrorist activities, and other heinous crimes from using telephonic and electronic communication facilities. The two prisoners, currently lodged in different Delhi jails, are seeking restoration of their phone call facilities, alleging that the restrictions are arbitrary and unreasonable. The Delhi High Court has posted the matter for further hearing on May 22.
On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.
The Enforcement Directorate has upgraded its Look out Circular (LC) issued against Byju's founder and CEO Byju Raveendran in connection with a FEMA probe, seeking to stop him for going abroad. The earlier such alert meant that immigration authorities had to just intimate the agency about his movements through various ports. Official sources said that the over an year old LC was revised sometime back in light of investors' concerns and ongoing adjudication of a FEMA contravention case against Raveendran and some others.
The Supreme Court of India strongly condemned the terrorist attack in Pahalgam, Kashmir, that killed at least 26 people, mostly tourists. The court observed a moment of silence in tribute to the victims and expressed condolences to their families. The attack was described as an affront to the values of humanity and the sanctity of life. The Supreme Court Bar Association and other legal bodies also condemned the attack and expressed solidarity with the victims and their families.
Justice Yashwant Varma, embroiled in the cash discovery row following a fire at his residence, has been excluded from all administrative committees of the Delhi High Court. The committees were recently reconstituted, with all other judges, including the Chief Justice, included. Justice Varma was previously a member of several committees. His work was withdrawn following a directive from the Chief Justice of India, who has also ordered an in-house inquiry into the allegations.
'The long term strategy is that this government wants to create a second class citizen list.'
The Centre has defended in the Delhi high court its decision to cancel the overseas citizen of India (OCI) card of United States-based journalist Raphael Satter saying he maligned Indian institutions in the international arena through journalistic activities.
In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.
Chandragupta Maurya was the first king to establish an empire in India. He died a monk.
Lawyers flooded the courtroom of Chief Justice of India D Y Chandrachud to witness the proceedings as one special guest -- Aamir Khan -- was seated in the front row.
Justices Arif S Doctor and Somasekhar Sundaresan held there was nothing in the MCC that would interfere with the Board's ongoing activities.
The trials will select top wrestlers to represent India at the Asian Championship in Amman, Jordan from March 25-30.
'It was really difficult for Laluji to expel his son from the party and sever family ties with him.'
Observing that a look out circular (LOC) restricts a person's free movement and the right to travel, the Calcutta high court has said it should be issued only in exceptional circumstances.
A division bench of Justices AS Chandurkar and Rajesh Patil stayed the government's September 19 circular, temporarily postponing the election.
The SC stayed a circular by Delhi government on filing defamation cases against media organisations for any news that causes damage to its reputation.
The Delhi high court on Wednesday asked the Railways to examine the fixing of maximum passengers and sale of platform tickets -- issues raised in a public interest litigation (PIL) over the recent stampede at the New Delhi Railway Station.
Mumbai police on Monday said Rajesh Shah, father of absconding prime accused Mihir Shah in the BMW hit-and-run case, instructed the latter to escape from the spot after the incident, in which a woman was killed and her husband injured.
The Indian government has established two expert committees aimed at elevating the country's sports performance.
The Sports Ministry on Tuesday lifted its suspension on the Wrestling Federation of India, paving the way for the organisation of domestic tournaments.
The crime branch named 29 accused in the 4,590-page charge sheet, including 26 already arrested and three wanted persons, including Anmol Bishnoi, the brother of jailed gangster Lawrence Bishnoi.
A bench comprising Justices Sanjay Karol and Ujjal Bhuyan, therefore, said the age of the deceased had to be determined from the date of birth mentioned in the school leaving certificate under Section 94 of the Juvenile Justice (Care and Protection of Children) Act, 2015.
'We will appear in the trials only if the ad-hoc panel or the government conducts it. How can a suspended body announce the trials.'
The Delhi high court on Monday said a citizen cannot be detained, arrested, or prevented from leaving the country under a Look Out Circular (LOC) unless suspected to be involved in the commission or facing investigation or trial for cognizable offences under the law.
In his petition, Karti contended that the July 18 circular had been issued arbitrarily and without jurisdiction by the Foreigner Regional Registration Officer and The Bureau of Immigration under the Union home ministry at the behest of different agencies to prevent him from travelling abroad.
The Bombay High Court has imposed a Rs 25,000 fine on a Nashik prison jailor for illegally rejecting a prisoner's parole application. The court stated that the jailor's decision contravened the law and was based on a government circular that is inconsistent with existing prison rules. The court has ordered the jailor to reconsider the parole application and forward it to the appropriate authority for a decision.
The Madhya Pradesh high court on Thursday said it took the Union government nearly five decades to realise that an "internationally renowned" organisation like Rashtriya Swayamsevak Sangh was wrongly placed in the list of organisations banned for government employees.
A bench comprising Justices BR Gavai and KV Viswanathan warned the probe agency and remarked it had moved a "frivolous petition" only because one of the accused was a high-profile person.
The much-delayed election for ten seats was held on September 24 following a Bombay high court directive.
A Delhi court has taken a serious view of the practice of service of summons on witnesses through WhatsApp by police personnel and said the officials do not seem to have respect for superior orders.
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