News for 'Statutory Regulatory Orders'

BCI has no statutory power to regulate conduct of students: SC on NALSAR row

BCI has no statutory power to regulate conduct of students: SC on NALSAR row

Rediff.com3 Sep 2026

The Supreme Court has ruled that the Bar Council of India (BCI) lacks the statutory authority to regulate the conduct of law students. The court clarified that disciplinary actions against students fall under the purview of their respective educational institutions, setting aside BCI notifications issued during a controversy involving NALSAR University students.

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Rediff.com17 Aug 2026

The Annual General Meeting (AGM) of Tata Sons, scheduled for Tuesday, is likely to be adjourned because the Sir Ratan Tata Trust (SRTT), a major shareholder, cannot nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner.

Cipla faces fresh FDA blow, Pune warehouse drug licences cancelled

Cipla faces fresh FDA blow, Pune warehouse drug licences cancelled

Rediff.com2 Oct 2026

The Maharashtra Food and Drug Administration (FDA) has cancelled the drug sale and distribution licences of Cipla Pharma & Life Sciences Ltd's carrying and forwarding (C&F) warehouse in Pune. This action follows alleged violations related to packaging, storage, documentation, and recall of Reactin Plus Tablets, a Schedule H drug. The FDA cited issues like misbranding, inadequate storage conditions, and deficiencies in record-keeping, reiterating its commitment to ensuring medicine safety and compliance.

SC seeks Centre's reply on plea seeking social media curbs for minors

SC seeks Centre's reply on plea seeking social media curbs for minors

Rediff.com11 Sep 2026

The Supreme Court has sought responses from the Union ministries of electronics and information technology and law and justice regarding a plea for safeguards for minors on social media. The NGO 'Just Rights for Children Alliance' filed the plea, arguing that social media platforms should not enter into contracts with children under 18, citing their statutory incapacity to contract and the risks of online harm.

Kiran Bedi seeks role in Satya Niketan hostel collapse case, HC says...

Kiran Bedi seeks role in Satya Niketan hostel collapse case, HC says...

Rediff.com17 Sep 2026

Retired IPS officer Kiran Bedi on Thursday approached the Delhi high court seeking to be made a party in a matter concerning the hostel building collapse in Satya Niketan that left seven people dead, saying she wanted to bring forth "critical public domain disclosures" and the "nexus" in the operation of PG hostels.

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Now, Get Your Salary Before 7th A Comprehensive Guide to Employee Rights

Rediff.com23 Jul 2026

India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rajesh Exports shares hit lower circuit as Sebi bars CEO Rajesh Mehta over financial misrepresentation

Rediff.com4 Jun 2026

Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.

SC releases draft regulations on use of AI in courts

SC releases draft regulations on use of AI in courts

Rediff.com4 Jun 2026

The draft regulations for use of AI in courts 'shall apply to the use, deployment, or integration of AI in any judicial, adjudicatory or administrative function of the Supreme Court of India, high courts, and all courts including the Tribunals and statutory Commissions performing adjudicatory functions, within the territory of India'.

ED Attaches More Assets In Goa Nightclub Fire Case

ED Attaches More Assets In Goa Nightclub Fire Case

Rediff.com27 May 2026

The Enforcement Directorate has attached fresh assets worth more than Rs 11 crore as part of its money laundering investigation into the illegal operation of a Goa nightclub where 25 people were killed in a massive fire in December last year.

'Removed 1.6L India accounts': Meta details crackdown on child abuse content

'Removed 1.6L India accounts': Meta details crackdown on child abuse content

Rediff.com8 Jul 2026

Meta on Tuesday published a detailed blog outlining its efforts to combat child sexual abuse material across its apps, citing AI-powered detection, ad review systems and large-scale enforcement actions, days after the government issued a notice to the social media giant over reports of Instagram advertisements promoting such content.

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com18 May 2026

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

J-K clamps down on Ramzan donations in Kishtwar amid fund misuse concerns

J-K clamps down on Ramzan donations in Kishtwar amid fund misuse concerns

Rediff.com19 Feb 2026

Authorities in Kishtwar district of Jammu and Kashmir have issued an order regulating the collection of donations during Ramzan to prevent unauthorized fundraising and ensure transparency.

Ex-Chief Secretary Criticises Himachal CM Over Housing Project Graft Claims

Ex-Chief Secretary Criticises Himachal CM Over Housing Project Graft Claims

Rediff.com15 Apr 2026

Former chief secretary Vinit Chowdhary has criticised Himachal Pradesh Chief Minister Sukhwinder Singh Sukhu over his handling of graft allegations in the Chester Hill housing project.

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

Rediff.com16 Feb 2026

The Enforcement Directorate (ED) has imposed a Rs 184-crore penalty on NewsClick and its founder, Prabir Purkayastha, for alleged FEMA violations related to foreign funding and misrepresentation of business activities.

HC allows Zydus to sell generic version of cancer drug nivolumab

HC allows Zydus to sell generic version of cancer drug nivolumab

Rediff.com13 Jan 2026

Delhi High Court has cleared the way for Zydus Lifesciences to proceed with the sale of its version of the cancer drug nivolumab in India. nivolumab is used to treat several types of cancer by activating the body's immune system to target carcinogenic cells.

Court Raises Concerns Over Prolonged Incarceration Under PMLA

Court Raises Concerns Over Prolonged Incarceration Under PMLA

Rediff.com27 Feb 2026

A special court in Delhi has raised concerns about the use of the Prevention of Money Laundering Act (PMLA) leading to prolonged incarceration based on provisional allegations, emphasizing the importance of upholding individual liberty and the rule of law.

Govt introduces bill to open civil nuclear sector to private players

Govt introduces bill to open civil nuclear sector to private players

Rediff.com15 Dec 2025

The Indian government has introduced a bill to overhaul the civil nuclear sector, allowing private participation and establishing a new liability regime. The SHANTI Bill, 2025, aims to repeal existing acts and address industry concerns.

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

Rediff.com23 Feb 2026

The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.

NCLT Mumbai okays demerger of Vedanta into 5 distinct entities

NCLT Mumbai okays demerger of Vedanta into 5 distinct entities

Rediff.com17 Dec 2025

The Mumbai Bench of the National Company Law Tribunal (NCLT) on Tuesday gave its approval to Vedanta Limited's demerger proposal, clearing the way for the group to reorganise its operations into five distinct, sector-specific entities.

19 concrete plants in Mumbai shut down over pollution violations

19 concrete plants in Mumbai shut down over pollution violations

Rediff.com5 Dec 2025

The Maharashtra Pollution Control Board (MPCB) has ordered the shutdown of 19 ready mix concrete plants in the Mumbai Metropolitan Region for violating environmental guidelines and contributing to deteriorating air quality levels.

Court orders FIR against former SEBI chief Madhabi Buch

Court orders FIR against former SEBI chief Madhabi Buch

Rediff.com2 Mar 2025

A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

Mankind Pharma faces over Rs 2-cr GST penalty

Mankind Pharma faces over Rs 2-cr GST penalty

Rediff.com15 Jan 2025

Mankind Pharma Ltd on Wednesday said it has been imposed a GST related penalty of over Rs 2 crore by tax authority in Kolkata over alleged mismatch in figures for the period of FY18 to FY22. The company has received an order on January 14, 2025 from Office of the Commissioner of Kolkata South CGST & CX -- issued by Additional Commissioner, Mankind Pharma said in a regulatory filing.

Adani row: Strengthen regulatory system to protect investors, SC tells govt

Adani row: Strengthen regulatory system to protect investors, SC tells govt

Rediff.com10 Feb 2023

The Supreme Court on Friday said there should be a robust mechanism to ensure that the interests of Indian investors are protected in the stock market and sought views of the Centre and market regulator SEBI on PILs alleging exploitation of innocent investors and "artificial crashing" of the Adani group's stock value.

Hindujas' RCap buy faces further delay

Hindujas' RCap buy faces further delay

Rediff.com24 May 2024

Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.

Clubs Weigh Legal Options To Break ISL Deadlock!

Clubs Weigh Legal Options To Break ISL Deadlock!

Rediff.com8 Aug 2025

11 ISL clubs urge AIFF to urgently bring "current situation" of Indian football to SC's attention

Tribunal reserves order on Zee, Sony merger

Tribunal reserves order on Zee, Sony merger

Rediff.com11 Jul 2023

The National Company Law Tribunal (NCLT) has reserved its order on the merger of Zee Entertainment Enterprises and with Culver Max Entertainment (earlier known as Sony Pictures Networks India). The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing arguments from creditors who objected to the scheme including Axis Finance, JC Flower Asset Reconstruction Co, IDBI Bank, Imax Corp and IDBI Trusteeship. In December 2021, Zee Entertainment and Sony Pictures had agreed to merge their businesses.

Volkswagen moves HC over $1.4 bn tax notice

Volkswagen moves HC over $1.4 bn tax notice

Rediff.com3 Feb 2025

Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about USD 1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units.

Know Your Rights Before Cancelling Flat Booking

Know Your Rights Before Cancelling Flat Booking

Rediff.com14 Jul 2025

There is need for buyers to understand cancellation rules before entering into a purchase agreement with a developer.

Gensol promoters likely to come under SFIO glare

Gensol promoters likely to come under SFIO glare

Rediff.com28 Apr 2025

The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.

Centre gives absolute powers to Delhi LG to constitute any authority, board

Centre gives absolute powers to Delhi LG to constitute any authority, board

Rediff.com4 Sep 2024

The Centre has granted absolute powers to the Delhi lieutenant governor to constitute any authority, board and commission such as the Delhi Commission for Women and the Delhi Electricity Regulatory Commission.

Homebuyers Beware: No Sale Agreement, No Legal Rights

Homebuyers Beware: No Sale Agreement, No Legal Rights

Rediff.com6 Jun 2025

Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.

LIC Hits Back At USTR Bias Claim

LIC Hits Back At USTR Bias Claim

Rediff.com5 Apr 2025

LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

Patanjali moves high court against ad regulatory body

Patanjali moves high court against ad regulatory body

Rediff.com16 Sep 2016

While members are bound to listen to ASCI, the self-regulator has frequently faced resistance from non-members, who've challenged its authority to redress grievances of complainants

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

'How Can IRDAI Ask Insurers To Invest In Bima Sugam?'

Rediff.com27 Feb 2025

'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'

Pakistani court stops airing of Indian, foreign films on TV

Pakistani court stops airing of Indian, foreign films on TV

Rediff.com11 Dec 2013

A Pakistani court has stopped the screening of foreign films, serials and television shows, especially Indian content, on the country's TV channels, triggering panic and outrage among exhibitors and viewers.

Review plea filed against SC verdict on Adani-Hindenburg row

Review plea filed against SC verdict on Adani-Hindenburg row

Rediff.com13 Feb 2024

The petition claimed there were "mistakes and errors" in the judgment, and in light of certain new material that had been received by the counsel for the petitioner, there were sufficient reasons for a review of the verdict.

India slams Pak for sheltering 'first accused' of Pulwama attack

India slams Pak for sheltering 'first accused' of Pulwama attack

Rediff.com27 Aug 2020

MEA Spokesperson Anurag Srivastava also slammed Pakistan's flip-flop on the presence of Dawood Ibrahim in the country, saying it 'lays bare the insincerity' of Islamabad in responding to legitimate expectations of the world that it will track down international terrorists operating from its soil.