A Sebi spokesperson did not respond to an email seeking comments.
The Supreme Court on Monday extended till further orders the ban on the Students Islamic Movement of India, facing allegations of involvement in anti-national and terrorist activities. A bench comprising Justices S B Sinha and Cyriac Joseph also transferred the matter to the appropriate bench, which is already hearing similar petitions.
In its order, a three-judge bench headed by Chief Justice Ranjan Gogoi, gave some more leeway to the government which has been arguing that pricing details are so sensitive that they have not even been shared with Parliament.
A petition from an NGO sought a direction from the court to the authorities to take immediate to stop the ritual of burying children for a minute, practiced in a Tamil Nadu temple.
A Bench headed by Justice S B Sinha, while rejecting BPL's plea, asked it to pay wages (last drawn) to 15 workmen within one month during the pendency of the dispute before the court. BPL had submitted that since its establishment had been closed, the workmen, after having accepted compensation, are not entitled to reinstatement or wages.
Centre objected to the review petition and said that the basic grounds for seeking review of the verdict are the same as they were in the main petition.
A bench headed by Justice S B Sinha while dismissing the Centre's petition said a secured debt like outstanding loans will have priority over any other dues like excise and taxes, which are unsecured debts. The decision came on a petition filed by the Centre against state financial corporation SICOM. The Centre contended that the state had the first right to recover tax dues, as without funds it would not be able to discharge its functions efficiently.
But not to ward off death due to starvation, the state government insists.
'The downslide has been rapid leading up to the number one and number two of the organisation flinging against each other horrendous accusations of bribery and tampering with investigations for personal gain, and the latest petition to the Supreme Court by the joint director of the CBI, M K Sinha, opening a veritable Pandora's Box of repulsive skeletons,' notes B S Raghavan, the distinguished civil servant who witnessed the CBI's birth.
'Sriram Raghavan is mainstream Hindi cinema's greatest gift to us,' declares Sreehari Nair after watching the director's latest movie caper.
Warm or warring, back home too Bollywood has depicted many, MANY faces of sisterly love.
In a big relief to the family of Mohammed Akhlaq, who was lynched to death by a violent mob over suspicion of consuming beef in the Bisada village near Dadri in Noida last year, the Allahabad high court on Friday stayed their arrest in connection with the case.
The Supreme Court has ruled that public sector insurance companies cannot refuse to provide medical cover policies to those suffering from pre-existing diseases and said such an action was arbitrary, illegal and unconstitutional.
BSNL had sought higher payment for minimum three years for the facilities provided to cell phone service providers -- BPL Mobile Cellular and Idea Cellular Ltd -- and email provider CG Faxemail (P) Ltd even if they had surrendered the right before the lapse of three years. A bench headed by Justice S B Sinha while upholding the telecom tribunal judgement that came down heavily on BSNL for revising rates unilaterally said: "We do not find that these appeals raise any substanti
A husband and his relatives cannot be prosecuted for 'cruelty' towards wife merely because the mother-in-law or other family members had kicked her or for that matter threatened her with divorce, the Supreme Court has held.
"A long cohabitation and acceptance of society of a man and woman as husband and wife goes a long way in establishing a valid marriage," a Bench of Justices S B Sinha and Cyriac Joseph observed.
Besides, it said, since the regular director has been appointed the main prayer of the petitioner NGO Common Cause stands satisfied.
The Supreme Court on Wednesday upheld the power purchase agreement between Tata Power Company (TPC) and BEST, a public sector unit, for electricity allocation in Mumbai.
This will go towards payment of salaries to employees of PSU and government corporations, who have not been paid for a long time.
"Horrifying", "heartbreaking" and "barbaric" is how many in the film industry, including actors-filmmakers Anil Kapoor, Alia Bhatt, Rajkummar Rao, Twinkle Khanna, Anurag Kashyap and Sonam Kapoor Ahuja, described the Sunday night violence at the Jawaharlal Nehru University while demanding that the perpetrators are brought to justice.
"These observations from three members were given to me as the INT chairman. This was not a dissent note," he said.
The Centre said the remission of sentence will have "international ramifications".
The Supreme Court on Friday issued a notice to the Punjab government on a petition filed by former chief minister Amarinder Singh challenging his expulsion from the state assembly. The apex court also issued a notice to Chief Minister Prakash Singh Badal in his personal capacity.
His name was cleared by a three-member selection panel headed by Prime Minister Narendra Modi and comprising Chief Justice of India Jagdish Singh Khehar and Congress leader in Lok Sabha Mallikarjun Kharge as members.
The Supreme Court on Friday granted bail to the Ansal brothers -- Sushil and Gopal-- who were convicted and sentenced to one-year imprisonment in the Uphaar fire tragedy case.A bench, headed by Justice S B Sinha, also issued notices on the cross appeals filed by the Ansals and Association of the Victims of the Uphaar Tragedy, challenging the one-year sentence imposed on the accused by the Delhi High Court.The bench ordered that the Ansalsbe released on the personal bonds.
A bench headed by Justice S B Sinha refused to hear the Vodafone plea that had challenged the Bombay high court judgment, which on December 3 last year had dismissed a petition by Vodafone International Holdings BV, contesting a showcause notice by the I-T department. Vodafone, Netherlands-based company, had bought a 67 per cent stake in Hutchison Essar from Hutchison Telecom International in February 2007 for $11.2 billion.
The apex court, in a plethora of verdicts, has given varying judicial opinions on Speakers' powers ranging from refusing to intervene in the matter to assuming the role of the Speaker itself and going to the extent of disqualifying lawmakers under the 10th Schedule of the Constitution.
An advocate, representing a section of the post-Godhra riot victims in the inquiry commission in Gujarat, has received a letter threatening to kill him and a Mumbai-based social activist. The letter writer threatens the advocate and accuses him of trying to incite and mislead the people of Gujarat on the Godhra issue. The writer goes on to say that both Sinha and social activist Teesta Setalvad, who runs the Mumbai-based NGO Citizens for Justice and Peace, will be eliminated.
Rajat Gupta, 70, the first Indian managing director of McKinsey and who of 17 months in US prison for insider trading, gets ready to tell his side of the story. And he is less than complimentary about Preet Bharara, then the famous crusading US attorney for the Southern District of New York. "The jury, the press and the public saw only... a 'cropped picture', he says. For someone whose life story was a model of the Great American Dream - an Indian of modest means who rose to the highest circles of politics and business, mingling with the White House and Davos crowd - his indictment in 2012 marked a stunning fall from grace. Many ascribed it to the hubris of the rich and powerful, says Kanika Datta.
The Gujarat government's proposal for laying an alignment road as part of a town development plan which required demolition of two Ashram structures -- "Rangshala" and "Bal Mandir."
The court directed the Union government to constitute sufficient number of tribunals to detect alleged infiltration of thousands of Bangladeshis into Assam.
A bench of Justices S B Sinha and H S Bedi also reduced the age limit of such bartenders from 25 to 21 years.
The Calcutta high court on Wednesday stayed Union Human Resource Development Ministry's notification for reservation to Other Backward Classes in post-graduate courses. The high court stayed an interview slated for Thursday for admission of OBC candidates to post-graduate courses in the Indian Institute of Management, Kolkata.
We round off the week with some of the good, bad and ugly looks.
The top court, which had earlier fixed August 31 as the deadline for completion of proceedings including pronouncement of the verdict, took note of the report filed by special judge S K Yadav in the high-profile case.
Not all change is good, but this one is, applauds Shekhar Gupta.
Devender Prasad Sinha, director of the DPS school in Jagdishpur village in Nalanda was beaten to death by angry villagers, a district police official said.
The apex court was hearing a plea of the NGO seeking initiation of contempt proceedings against the Union home secretary and chief secretary of J-K for their alleged 'wilful disobedience' in complying with the court's May 11 order. The top court told the administration that with the change of L-G, nothing changes as the special committee is there to look into the issue.
'I don't know what my potential is.' 'This is not some sports where you can measure your speed and strength.' 'This is a continuous journey, where you discover yourself through theatre, cinema and acting.'
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