The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani group shares crash triggered by the Hindenburg Research's fraud allegations and other regulatory aspects related to stock markets.
An interim order putting on hold the contentious sedition law and the consequential registration of FIRs will continue as the Supreme Court granted additional time to the Centre on Monday to take "appropriate steps" with regard to the reviewing of the colonial-era provision.
The Supreme Court on Thursday asked the Sebi to probe within two months allegations of stock price manipulation by the Adani group and any lapses in regulatory disclosures, and also set up a panel to look into protection of Indian investors after a damning report by a US short seller wiped out more than USD 140 billion of the conglomerate's market value. The top court while directing the setting up of a six-member committee headed by former apex court judge Justice A M Sapre for the assessment of the extant regulatory framework and for making recommendations to strengthen the process said it was appropriate to set up such a panel of experts in order to "protect Indian investors against volatility of the kind which has been witnessed in the recent past". The court-appointed Justice Sapre panel, which will be provided assistance by the Centre and other statutory agencies including the Sebi chairperson, will have to submit its report in a sealed cover within two months, said the bench which comprised Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala.
Kashmir zone inspector general of police Vijay Kumar also urged the protesters to be patient and 'not get carried away by political parties.'
The Centre told the Supreme Court on Wednesday any constitutional declaration made by it on pleas seeking legal validation for same-sex marriage may not be a "correct course of action" as the court will not be able to foresee, envisage, comprehend and deal with its fallout.
Unsatiated greed for wealth has facilitated corruption to develop like cancer and the constitutional courts owe a duty to the people of the country to show zero tolerance to corruption and come down heavily against the perpetrators of the crime, the Supreme Court has said.
The Supreme Court, which quashed the controversial skin-to-skin judgment of the Bombay high court in a case under the POCSO Act, said on Thursday that this was the second instance where the attorney general filed an appeal on the criminal side challenging a high court order.
The Centre on Thursday told the Supreme Court, which is hearing arguments on a clutch of pleas seeking legal sanction for same sex marriages, that arguments about freedom of sexual orientation and autonomy may be raised in future to challenge incest prohibition.
The Supreme Court Thursday reserved verdict on quantum of sentence against fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, in a contempt case where he has been found guilty. A bench comprising Justices U U Lalit, S Ravindra Bhat and P S Narasimha reserved the judgement after hearing senior advocate and amicus curiae Jaideep Gupta on various aspects related to the contempt law. It even permitted the counsel, who was earlier representing Mallya, to file written submissions, if any, in the case by Tuesday.
The Centre had, in an affidavit filed in the apex court earlier, said it had issued a letter on April 18 to all states inviting comments and views on the "seminal issue" raised in these petitions.
The Jammu and Kashmir high court on Friday ordered that the body of a civilian dubbed a terrorist and killed by the police during an encounter in Hyderpora last November be exhumed and handed to his family for last rites.
Authorities on Thursday exhumed the bodies of Mohammad Altaf Bhat and Mudasir Gul, two civilians killed in the Hyderpora encounter, for handing them over to their families, officials said.
It has sought a direction to the Centre to 'forthwith comply' with the directions passed by the top court in 2015 and file a complete status report.
The Supreme Court on Tuesday made it clear that it will not go into the personal laws governing marriages while deciding the pleas seeking legal validation for same-sex marriages, and asked the lawyers to advance arguments on the Special Marriage Act.
A bench headed by Chief Justice U U Lalit is scheduled to hear the petitions challenging the validity of the CAA whose enactment had triggered widespread protests across the country.
Even as authorities on Friday morning began demolishing the North Goa-based restaurant linked to the death of BJP leader Sonali Phogat for violation of norms, the action was stopped midway after its owner claimed that the Supreme Court gave a stay on it.
The Supreme Court Thursday said it may be redefining the "evolving notion of marriage" as the next step after decriminalising consensual homosexual relationship which implicitly recognised that same-sex people could live in a stable, marriage-like relationship.
'Upper castes who complain against reservations are fighting only for their own castes.'
The Delhi high court on Monday issued a notice to separatist leader Yasin Malik, who is currently serving a life term, on a plea by the National Investigation Agency seeking death penalty for him in a terror funding case.
Tamil Nadu's ruling Dravida Munnetra Kazhagam on Monday sought a review of the November 7 verdict of the Supreme Court which upheld 10 per cent reservation for the economically weaker sections (EWS) in educational institutions and government jobs that excluded the poor among the SC/ST/OBC categories, contending that it "legitimises discrimination".
The Supreme Court on Thursday asked the Centre whether social welfare benefits can be granted to same-sex couples without going into legalising their marriage.
The Supreme Court on Monday refused to entertain pleas seeking postponement of the National Eligibility-cum-Entrance Test-PG 2023, which is scheduled for March 5, saying there is nothing in this world to prevent somebody who has not made it to try again.
The state cannot discriminate against an individual on the basis of sexual characteristic over which the person has no control, the Supreme Court said on Wednesday, asserting the Centre has no data to back up its claim that the concept of same-sex marriage is 'elitist' or 'urban'.
Solicitor general Tushar Mehta, appearing for Gujarat, told a bench headed by Justice UU Lalit that a response to Setalvad's petition is ready but it requires some corrections.
The petition came up for hearing before a bench of Justices K M Joseph and Hrishikesh Roy which issued notices to the NIA and the state seeking their responses.
The Supreme Court on Monday sought the Gujarat government's response on social activist Teesta Setalvad's bail plea and posted the matter for hearing on August 25.
A bench comprising Chief Justice Uday Umesh Lalit and justices S Ravindra Bhat and Sudhanshu Dhulia, which was to take up the plea for hearing at 3.45 pm, adjourned the matter to September 1 due to paucity of time.
Earlier, the top court had on September 19 deferred the hearing on the appeal of Hussain against a Delhi high court order relating to an FIR against him on the woman's complaint alleging rape.
The court can neither rewrite nor alter provisions and the very fundamental architecture of a law as conceived at the time of its framing even by reading something into it, the Centre told the Supreme Court on Wednesday.
Mehta said some bushes were there on the ground which have been cleared and some branches were trimmed so that vehicles could pass on an approach road there.
A bench headed by Justice UU Lalit passed the order while noting that Chandrashekhar's counsel has no objection to this.
The Supreme Court Tuesday said the contempt matter involving fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, will be dealt with finally on January 18 next year. Observing that the apex court has waited "sufficiently long", a bench headed by Justice U U Lalit said, "We can't be waiting any longer now." The bench noted that Mallya was held guilty of contempt in 2017.
It said that the nodal counsel would consider designating some other matters as lead ones, keeping in mind the grounds of geographical and religious classifications among other factors.
The Supreme Court on Wednesday questioned the CBI and the Gujarat government as to why they want to send social activist Teesta Setalvad and her husband Javed Anand back in jail after they have been out for over seven years on anticipatory bail.
The Centre on Wednesday requested the Supreme Court to consider leaving questions raised in the pleas seeking legal sanction for same sex marriages to Parliament.
A bench of Justices UU Lalit and SR Bhat issued notices, including to the state of Bihar, on the plea filed by Shashi Kant Rai, an additional district and sessions judge in Araria.
The Supreme Court on Monday said it will hear on October 31 a batch of pleas challenging the constitutional validity of the Citizenship (Amendment) Act (CAA) which seeks to grant citizenship to non-Muslim migrants fleeing religious persecution in Pakistan, Bangladesh and Afghanistan who entered India on or before December 31, 2014.
Every week, we bring you fascinating videos, chosen by you, through your likes.
The apex court had earlier restrained the high court from proceedings with the PILs seeking a probe against Soren in the mining lease issue.
The three men were accused of abducting, gangraping and brutally killing the woman in February 2012. Her mutilated body was found three days after she was abducted.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances