The Securities Appellate Tribunal (SAT) has set aside capital markets regulator Sebi's order that imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding buyback of shares in 2014. Cairn India, which was merged with Vedanta Ltd in 2017, was accused of making a misleading public announcement designed to influence investors' decisions. "We hold that the violations of provisions of... the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) Regulations and... the Buyback Regulations are not proved against the company (Vedanta)," a bench consisting of Justice Tarun Agarwala and presiding officer Meera Swarup said.
Union Agriculture Minister Arjun Munda on Tuesday said a law guaranteeing minimum support price (MSP) on crops cannot be brought in a hurry without consulting all stakeholders and urged the protesting farmer groups to have a structured discussion with the government on the issue.
The execution of the order dated December 21 stands stayed till the next date of hearing.
The Enforcement Directorate (ED) on Wednesday told the Delhi high court that Chief Minister Arvind Kejriwal, arrested in a money laundering case linked with the alleged excise scam, cannot claim "immunity" from arrest on the ground of upcoming elections as law is applied equally to him and an aam aadmi.
A bench of Chief Justice Satish Chandra Sharma and Justice Sachin Datta issued notice to National Commission for Protection of Child Rights (NCOCR) and granted it four weeks to file a counter-affidavit in response to the petition.
The petition came up for hearing before a bench of Chief Justice Satish Chandra Sharma and Justice Sanjeev Narula which granted time to the petitioners' counsel to place certain judgments on record.
The Supreme Court adjourned to Tuesday the hearing on a plea of the Securities and Exchange Board of India (SEBI) seeking extension of six months to complete a probe into allegations of stock price manipulation by the Adani group. The hearing on the market regulator's plea and PILs could not take place on Monday due to paucity of time and on account of scheduled hearing of certain matters before a special bench at 3 pm. A bench comprising Chief Justice D Y Chandrachud and justices P S Narasimha and J B Pardiwala on May 12 had said it would consider granting three more months to Sebi for concluding its probe into the allegations of stock price manipulation and lapses in regulatory disclosure.
The Bharatiya Janata Party said that there should not be any politics on the Supreme Court ruling and everyone should respect it.
"We have prepared a broad platform where we have assessed the top 50 judges of the country who would be considered for appointment to the Supreme Court of India. We have data on judgments and the quality of judgments. The idea is to make the process of appointment in the Supreme Court more transparent," the CJI said.
"This is a tribute to our daughter," said Nirbhaya's father, who was present in the RS to watch the proceedings.
The Delhi high court on Wednesday dismissed a petition by Neelam Azad, an accused arrested in the December 13 Parliament security breach case, seeking her release on the grounds that her police remand was illegal.
The Supreme Court on Tuesday reserved its order for Wednesday on suspended IAS officer Pradeep Sharma's plea to transfer probe of cases against him from Gujarat police to the Central Bureau of Investigation but refused to go into the snoopgate controversy.
Justice Sanjay Kumar Mishra, acting chief justice of the Uttarakhand high court, and Odisha Chief Minister Naveen Patnaik take a selfie at the joint conference of chief ministers and chief justices of high courts at Vigyan Bhavan, New Delhi.
The ruling Bharatiya Janata Party in Madhya Pradesh on Saturday warned of legal action against Congress general secretary Priyanka Gandhi Vadra over her social media post, in which she accused the saffron party-led government in the state of indulging in corruption.
A woman has been arrested for allegedly trying to extort crores of rupees from Maharashtra Social Justice Minister Dhananjay Munde by threatening to accuse him of rape, the Mumbai police said on Thursday.
State Congress president and former chief minister Kamal Nath has been fielded from his home-turf Chhindwara, from where he is currently the legislator.
Union Home Minister Sushil Kumar Shinde on Friday hailed as exemplary the death sentence awarded to four convicts in the Delhi gangrape case, saying the victim and her family have got justice.
'This is total fraud. You are showing me the slip of my vote but not counting it so this is fraud.'
The Rajasthan high court on Wednesday recommended the Centre that the cow be made the national animal, further adding that the punishment for cow slaughter should be escalated to life imprisonment.
The wrestlers had said that they were halting their protest only temporarily and their movement will continue till Singh, who is also a BJP MP, is arrested.
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The probe panel, headed by Justice (Retd) Mukul Mudgal, has sought the assistance of a few individuals, including former CBI Special Director M L Sharma, to carry out further investigations into the IPL spot-fixing and betting scandal.
'The khaps have taken a decision that on May 28, a mahapanchayat will be held under the leadership of women and youth near the new Parliament building. We've taken the decision because this is a fight for the integrity and respect of the womenfolk.'
'The elections of the WFI were stayed by the Punjab and Haryana High Court on 11.08.2023 just a day before the poll and therefore, polling could not be held on 12.08.2023... the Supreme Court has vacated the stay orders and therefore the remaining steps like polling etc. will now recommence on 21.12.2023 as per the following revised schedule.'
The Aam Aadmi Party has sought the setting aside of Tuesday's election, alleging tampering of ballot papers, and fresh elections under the supervision of a retired high court judge.
No institution in a constitutional democracy, including the collegium, is perfect and the solution is to work within the existing system, Chief Justice of India D Y Chandrachud said on Friday.
Former Delhi University professor G N Saibaba, who was released from the Nagpur Central Jail on Thursday after his acquittal in an alleged Maoist links case, said it's a 'wonder that he could come out alive' despite suffering the 'brutal' jail life.
Mehta said statements of four complainants, including the minor, has been recorded under section 161 of the CrPC in the case.
Deepu Kumar (27) was expecting his first child in June but his life was cut short in a terror attack in south Kashmir's Anantnag district, leaving his poor family without its sole breadwinner.
The Delhi high court on Wednesday asked the Centre and the Delhi government to present their stand on a plea seeking recall of all currency notes above Rs 100, restricting cash transactions above Rs 10,000 and linking assets worth more than Rs 50,000 with Aadhaar to check corruption.
Words like eve-teasing, prostitute, and housewife may soon be out of the legal lexicon and will be replaced by terms like street sexual harassment, sex worker and homemaker.
The Supreme Court on Monday sought dismissed Indian Police Service officer R K Sharma's response on a Delhi police plea challenging his acquittal in the Shivani Bhatnagar murder case.
Justice Swarana Kanta Sharma said there is no ground for interference with the trial court's order.
Justice Swarana Kanta Sharma said the stay on the operation of the FIR as well as the trial court order will remain in force till December 6, the next date of hearing. The trial court had directed registration of an FIR against them on a complaint alleging that Hero MotoCorp manufactured fake bills worth Rs 5.9 crore and obtained tax credit of over Rs 55 lakh. The company, its chairman and officials approached the high court challenging the trial court's order.
The Supreme Court's decision to allow borrowers a chance to be heard before their accounts are flagged as fraudulent by lenders is expected to result in several cases being reopened where the borrower is aggrieved because of such classification, bankers said. Still, the reopening of cases would not be automatic. A borrower who is aggrieved by the 'fraud' classification will have to approach the bank and consequently, the bank will take the necessary steps so that the apex court's order is followed in letter and spirit, they said.
About 2,000 petrol pumps, mostly in western and northern India, have run out of fuel stocks as the strike by some truckers' associations entered the second day on Tuesday.
Chief Minister Ashok Gehlot said the government will file a special leave petition in this matter in the top court.
The Delhi police has asked the law intern, who had alleged sexual assault by retired Supreme Court judge Justice A K Ganguly, to come forward and file a complaint in the case.
A division bench of Justice D K Upadhyay and Justice Saurav Lavania also annulled the draft notification issued by the Uttar Pradesh government on December 5 for reservation of Other Backward Classes (OBCs) in the urban local body elections.
The Supreme Court on Monday refused to take on record the suggestion of one of the petitioners and a report published by Forbes in a batch of PILs on the recent Adani group shares crash triggered by Hindenburg Research's fraud allegations.
