News for 'Court Funds Office'

BJP Move in Delhi: Will AAP Profit?

BJP Move in Delhi: Will AAP Profit?

Rediff.com9 Apr 2022

If AAP dominates both state and local elections, the move for unification may become the illness for the BJP instead of the medicine it was supposed to have been.

Centre gets pat on back from SC on ex gratia for Covid victims' kin

Centre gets pat on back from SC on ex gratia for Covid victims' kin

Rediff.com23 Sep 2021

The Supreme Court Thursday appreciated the Centre's step to grant ex gratia assistance to the kin of those who died due to COVID-19 saying it has to take judicial notice of the fact that what India has done, no other country has been able to do.

Narada case: Political storm in WB after CBI arrests 3 TMC leaders

Narada case: Political storm in WB after CBI arrests 3 TMC leaders

Rediff.com17 May 2021

Bengal ministers Firhad Hakim and Subrata Mukherjee were taken to the Central Bureau of Investigation office on Monday in connection with the Narada sting operation, officials said.

Missing nominations can pose a challenge to heirs

Missing nominations can pose a challenge to heirs

Rediff.com24 May 2021

If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.

Conman Chandrasekhar approached B-town actors, met models in Tihar: ED

Conman Chandrasekhar approached B-town actors, met models in Tihar: ED

Rediff.com23 Feb 2022

Pinky Irani alias Angel, 53, was arrested in this case by the agency in December last year. She was recently granted bail by a Delhi court.

Amid jurisdiction row, BSF IG says Punjab police power intact

Amid jurisdiction row, BSF IG says Punjab police power intact

Rediff.com13 Nov 2021

Amid a row over the extension of the territorial jurisdiction of the Border Security Force in Punjab, a top officer of the border guarding force on Saturday said the powers of the state police remain intact and the BSF is only there to complement it.

What makes Essar steel sector's comeback kid

What makes Essar steel sector's comeback kid

Rediff.com21 Jun 2022

Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.

Govt to release Rs 20,000-cr GST dues to states

Govt to release Rs 20,000-cr GST dues to states

Rediff.com8 Apr 2020

Even with the Rs 20,000 crore distributed among states, it will still be a fraction of what they have been demanding in financial support and clearance of pending dues.

Jaitley slams Oppn for supporting Mamata, calls them 'kleptocrat's club'

Jaitley slams Oppn for supporting Mamata, calls them 'kleptocrat's club'

Rediff.com5 Feb 2019

Questioning whether "New India" can be ever run by this "kleptocrat's club", Jaitley said those who have lent support to the West Bengal dharna are those who are battling serious allegations of economic improprieties

Stray dogs have right to food; feed them without harassing others: HC

Stray dogs have right to food; feed them without harassing others: HC

Rediff.com1 Jul 2021

Stray dogs have the right to food and citizens have the right to feed community canines, the Delhi high court has said while observing that in exercising this right care and caution should be taken to ensure that it does not impinge upon others and causes no harassment or nuisance.

How Indian banks plan to recover Mallya dues

How Indian banks plan to recover Mallya dues

Rediff.com6 Jul 2018

State Bank of India has appointed valuer to assess the value of assets of Mallya.

Nitish Kumar, The King Of Somersaults

Nitish Kumar, The King Of Somersaults

Rediff.com16 Aug 2022

Wait for a while before he does another somersault... But one thing is reasonably certain -- the twice betrayed BJP may not embrace him again, predicts Virendra Kapoor.

'Jet Airways is being revived, but its employees have no future'

'Jet Airways is being revived, but its employees have no future'

Rediff.com3 Aug 2021

'The actual amount due to Jet Airways employees is Rs 1,200 crore, and the management is giving only Rs 52 crore.'

Arrest of a Banker

Arrest of a Banker

Rediff.com3 Nov 2020

This is one of the many such cases that helped to create an acute fear psychosis among public sector bankers, reveals Tamal Bandyopadhyay in his fascinating new book Pandemonium: The Great Indian Banking Tragedy.

Winter session of Parliament to begin on stormy note on Monday

Winter session of Parliament to begin on stormy note on Monday

Rediff.com28 Nov 2021

The opposition will seek to target the government on the issue of farmers' plight as well as their demand for a legal backing for minimum support price.

PNB scam: Nirav Modi to know his fate on Thu

PNB scam: Nirav Modi to know his fate on Thu

Rediff.com24 Feb 2021

Wanted diamond merchant Nirav Modi, who remains behind bars in a London prison as he contests his extradition to India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank (PNB) scam case, will find out the UK court's ruling in the nearly two-year-long legal battle on Thursday. The 49-year-old is expected to appear via videolink from Wandsworth Prison in south-west London at Westminster Magistrates' Court, where District Judge Samuel Goozee is set to hand down his judgment on whether the jeweller has a case to answer before the Indian courts. The magistrates' court ruling will then be sent back to UK Home Secretary Priti Patel for a sign off, with the possibility of appeals in the High Court on either side depending on the outcome.

Ex-Fortis promoters Malvinder, Shivinder sent to 14-day judicial custody

Ex-Fortis promoters Malvinder, Shivinder sent to 14-day judicial custody

Rediff.com17 Oct 2019

The investigating officer of the Delhi police, in the remand application, had sought custodial interrogation of the accused saying it was required to identify the persons to whom the alleged siphoned off money was transferred and to ascertain the purpose of creating the shell companies.

US: Indian gets 15-year jail for looting 9/11 fund

US: Indian gets 15-year jail for looting 9/11 fund

Rediff.com12 Jul 2008

An Indian-origin former high-ranking officer has been sentenced to 15 years in prison by a court here for siphoning off government money to the tune of $9 million, most of which was intended to help identify victims of 9/11 terror attacks, and stashing it away in India.

Uddhav meets Modi over Maratha quota, cyclone aid

Uddhav meets Modi over Maratha quota, cyclone aid

Rediff.com9 Jun 2021

Maharashtra Chief Minister Uddhav Thackeray met Prime Minister Narendra Modi on Tuesday and discussed issues related to the Maratha reservation, pending GST compensation and the proposed Metro car shed in Kanjur.

Zee: Whose company is it anyway?

Zee: Whose company is it anyway?

Rediff.com12 Oct 2021

The Zee saga will see a long-drawn-out court battle before shareholders get any chance to vote on any proposal by the management or Invesco, says Prosenjit Datta.

Amrapali CMD may soon be arrested for duping home buyers

Amrapali CMD may soon be arrested for duping home buyers

Rediff.com28 Feb 2019

The SC bench directed the court-appointed forensic auditors to complete their detailed investigation on divergence of home buyers money by Amrapali group before March 22 and list the matter for hearing on March 24.

'Changing CMs doesn't help'

'Changing CMs doesn't help'

Rediff.com14 Oct 2020

'It is not the chief minister who would have rung up and told the local police station to botch up the case.' 'No chief minister or chief secretary or DGP would like a case like this happening in their state.'

SC orders Kolkata top cop to appear before CBI, stays his arrest

SC orders Kolkata top cop to appear before CBI, stays his arrest

Rediff.com5 Feb 2019

The apex court also said no coercive steps, including the arrest of the Kolkata Police chief, will take place during the course of investigation.

Unitech MD held for allegedly duping home buyers

Unitech MD held for allegedly duping home buyers

Rediff.com1 Apr 2017

Delhi Police's Economic Offences Wing has arrested the Managing Director of Unitech and another person for allegedly not developing a project despite receiving funds from investors, police said.

High drama as CBI arrests Chidambaram from his home

High drama as CBI arrests Chidambaram from his home

Rediff.com21 Aug 2019

A CBI spokesperson said he has been arrested on the basis of a warrant issued by a competent court.

Will the Supreme Court declare the Aadhaar Act a black law?

Will the Supreme Court declare the Aadhaar Act a black law?

Rediff.com11 Jun 2018

Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.

J-K to annul all actions taken under Roshni land scheme

J-K to annul all actions taken under Roshni land scheme

Rediff.com1 Nov 2020

The scheme initially envisaged conferment of proprietary rights of around 20.55 lakh kanals of land (1,2,50 hectares) to occupants of which 15.85 per cent of land was approved for vesting of ownership rights.

After SC rap, DoT orders telcos to clear dues by midnight

After SC rap, DoT orders telcos to clear dues by midnight

Rediff.com14 Feb 2020

While in all, 15 entities owe the government Rs 1.47 lakh crore -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges, it is not immediately clear just how much of that has been sought by the government by midnight.

Ex-Fortis promoters Malvinder, Shivinder seek interim bail

Ex-Fortis promoters Malvinder, Shivinder seek interim bail

Rediff.com18 Oct 2019

The court posted the matter for hearing on October 22.

Retrofitted EVs: Indian jugaad that's cheap, clean & battery-powered

Retrofitted EVs: Indian jugaad that's cheap, clean & battery-powered

Rediff.com29 May 2022

India has a history of jugaad, and retrofitting vehicles is one such manifestation of the legendary Indian skill. Not so long ago autorickshaws and small Marutis used to strap on subsidised LPG cylinders and power themselves to a cheap ride. There were the odd explosions, lives were lost, but the jugaad continued. Then compressed natural gas (CNG) was introduced in Delhi following a court order. Initially, customised CNG kits were fitted to conventional (internal combustion engine or ICE) autos cheaply, enabling commuting at less than half of what you would cough up for diesel. The industry is better organised now with Suzuki and Hyundai designing CNG-fired vehicles, and Mahindra and TVS manufacturing liquefied petroleum gas (LPG)-powered three wheelers.

Ex-Fortis promoter Shivinder Singh gets bail in money laundering case

Ex-Fortis promoter Shivinder Singh gets bail in money laundering case

Rediff.com23 Jul 2020

The high court imposed various bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.

ED attaches JP Morgan India accounts worth Rs 187 crore

ED attaches JP Morgan India accounts worth Rs 187 crore

Rediff.com28 May 2020

This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.

PM hails Thomas Cup triumph, invites shuttlers to his residence

PM hails Thomas Cup triumph, invites shuttlers to his residence

Rediff.com15 May 2022

Indian badminton team created history on Sunday as they lifted the Thomas Cup trophy for the very first time.

ED registers money laundering case in Kerala gold smuggling

ED registers money laundering case in Kerala gold smuggling

Rediff.com22 Jul 2020

The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.

Amazon urges Sebi to suspend review of Future-RIL deal

Amazon urges Sebi to suspend review of Future-RIL deal

Rediff.com15 Jan 2021

Amazon has asked Sebi to suspend its review of the Rs 24,713 crore Future-Reliance deal and not grant a no objection certification on the ground that its challenge to the agreement was before the Delhi high court. E-commerce major Amazon has written to Sebi again, this time apprising it about the admission of its appeal before the division of the Delhi high court and urged the market regulator to suspend the review of the Future-Reliance Industries Ltd (RIL) deal. This is the eighth letter by Amazon to the Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi since late October. Amazon has been opposing Future group's pact with billionaire Mukesh Ambani's RIL that was signed in August last year.

Chidambaram denied bail, HC says may influence witnesses

Chidambaram denied bail, HC says may influence witnesses

Rediff.com30 Sep 2019

The court decided the bail petition on three grounds -- flight risk, tampering with evidence and influencing witnesses.

Suspended J-K DSP Davinder Singh sent to custody till Apr 10

Suspended J-K DSP Davinder Singh sent to custody till Apr 10

Rediff.com4 Apr 2020

The court also extended the custody of Iqbal, Mushtaq and Mir till April 10 on a plea by the police. The Delhi Police said that the accused were required to be interrogated further to identify the other persons involved. "The custody was required to ascertain the identity of other handlers," the police told the court.

NIA files chargesheet against former J-K DSP

NIA files chargesheet against former J-K DSP

Rediff.com7 Jul 2020

The 3,064-page chargesheet, filed in a Jammu court under the Unlawful Activities (Prevention) Act and various sections of the Indian Penal Code, names self-styled commander of the Hizbul Mujahideen terror group Syed Naveed Mushtaq alias Naveed Babu and his alleged network of aides.

SRK's son among 8 arrested by NCB during cruise raid, sent to custody

SRK's son among 8 arrested by NCB during cruise raid, sent to custody

Rediff.com4 Oct 2021

Besides Aryan Khan, the arrested accused are identified as Munmun Dhamecha, Arbaaz Merchant, Ismeet Singh, Mohak Jaswal, Gomit Chopra, Nupur Sarika, and Vikrant Chhokar.

Decade on, Jaypee Infratech customers still waiting for a home

Decade on, Jaypee Infratech customers still waiting for a home

Rediff.com14 Apr 2021

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.