An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Securities and Exchange Board of India (SEBI) has 'drawn a blank' in its probe into alleged violations in money flows from offshore entities into the conglomerate.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.
As part of the procedure, the law minister writes to the CJI to name his or her successor.
Transferring to itself a habeas corpus petition of a man alleging that his two daughters were held captive inside the premises of the Foundation, a bench headed by Chief Justice D Y Chandrachud directed the Tamil Nadu police to not take any further action in pursuance of the Madras high court's direction asking it to inquire into the alleged illegal confinement of the women.
Justice Gaur was elevated to the high court in April 2008. He was designated as a permanent judge on April 11, 2012.
'Pakistan is a nuclear country.' 'With the kind of situation that is there in Pakistan today, America will help Pakistan stay afloat.'
A five-judge bench headed by Chief Justice DY Chandrachud considered the pleas in chambers and dismissed applications for listing of the review petition in open Court.
With the Supreme Court on Thursday ruling that it cannot restore Uddhav Thackeray as Maharashtra chief minister, legal experts said the ball was now in the court of the speaker of the Maharashtra assembly.
Sixty-two-year-old Justice Karnan, who retires on his birthday, has the dubious distinction of being the first sitting high court judge to be awarded a jail term by the apex court.
Police personnel removed him and his supporters from the protest site as they were holding the demonstration near a restricted area, and thus it was "illegal", a senior officer said.
The top court said it cannot order a roving inquiry into purchase of electoral bonds on the assumption that it was quid pro quo for award of contract.
The apex court's summary dismissal of the PIL becomes relevant in view of a massive nation-wide debate which got triggered following the G20 dinner invitation from President Droupadi Murmu describing her position as 'President of Bharat'.
Opposition leaders on Tuesday demanded a debate on the Constitution in both Houses of Parliament, stressing it was needed in the light of the recent developments in the country.
On Tuesday, Kejriwal and Punjab Chief Minister Bhagwant Mann met West Bengal CM Mamata Banerjee in Kolkata as part of their nationwide tour to garner support for the AAP's fight against the Centre's ordinance.
The collegium system has shut the doors of judgeship in the higher judiciary on Dalits, OBCs and even the poor among the upper castes
Shiv Sena-Uddhav Balasaheb Thackeray leader Sanjay Raut on Thursday demanded that Chief Justice India D Y Chandrachud recuse himself from the cases tied to the disqualification petitions concerning rebel Shiv Sena and Nationalist Congress Party MLAs.
'It would be difficult for us to run jails if it wasn't for murderers.'
It also clarified that any attempt by Ashish Mishra or his family to influence witnesses and try to delay the trial may lead to the cancellation of his bail.
'The time has come to have a relook at the Constitution as every document has a shelf life.'
Eleven convicts walked out of Godhra sub-jail after the Gujarat government allowed their release on August 15 this year.
Speaking to editors at a press meet in New Delhi,Prime Minister Manmohan Singh said he was not considering retirement. The PM also indicated that he would consider a cabinet reshuffle before the next session of Parliament due to commence on November 7.
Justice Sodhi said the right to frame laws lies with Parliament.
'It's not really going to bring about purity in the election process.'
Let the existing collegium system which is functioning not get derailed, the SC observed.
The Supreme Court collegium headed by Chief Justice D Y Chandrachud on Wednesday recommended to the Centre the names of Justice Ujjal Bhuyan, the chief justice of the Telangana high court, and Justice S Venkatanarayana Bhatti, his counterpart in Kerala, for elevation as judges of the apex court.
'Young people say they know all this emphasis on Hindu-Muslim differences is politically motivated.' 'If you stop watching TV and turn off social media, you'll find the situation on the ground different.'
The Justice Lodha Panel had recommended a slew of structural reforms in the BCCI, which were approved by the Supreme Court.
He said the Constitution provides for the right to silence, which means an individual can refuse to answer questions from the police in case of arrest or detention.
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
He would have a tenure of two years and is due to retire on November 10, 2024.
The sudden resignation by Admiral D K Joshi as navy chief in the wake of a spate of mishaps has been treated by the government as "voluntary retirement, which will ensure that he will not be deprived of any retirement benefits.
'It never was and will never be.'
CJI Gogoi said the conduct and sensitivity displayed by Justice Sikri as a judge will continue to inspire the young.
Joshi said that the D'Cunha Commission released an interim report without issuing a notice to Yediyurappa or Ramulu.
'The (Collegium system of appointing judges) is absolutely whimsical.'
Ram Rahim, lodged in Rohtak's Sunaria Jail, is serving a 20-year sentence handed out to him in 2017 for allegedly raping two of his disciples.
Over 260 eminent citizens, including former judges and bureaucrats, have written to Chief Justice of India D Y Chandrachud urging him to take cognisance of DMK leader Udhayanidhi Stalin's 'eradicate Sanatan Dharma' comment, calling it "hate speech".
There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.
The Supreme Court on Tuesday granted protection from any coercive action to a retired colonel against whom an FIR was lodged by the Manipur police allegedly on the basis of the contents of his book published in January 2022.
'What did these men mean to the government? What does its support for these men say about this government?'