The National Company Law Tribunal (NCLT) on Tuesday questioned the maintainability of the insolvency plea filed against air carrier SpiceJet by one of its operational creditors Willis Lease Finance Corporation. A two-member NCLT bench comprising Members Mahendra Khandelwal and Rahul Prasad Bhatnagar observed that Willis Lease Finance Corporation has withdrawn its insolvency plea for the same dispute in March 2023 and has approached again with a new plea. The bench wanted to know as Willis Lease Finance Corporation, an aircraft lessor, had filed again for a similar cause of action within a few months.
The Web portal of the Organiser, the RSS mouthpiece, published an article (withdrawn later) that the Christian community holds many acres of land, far more than Waqf property.'
The National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India's plea to initiate insolvency resolution proceedings against debt-ridden Future Retail Ltd (FRL). The tribunal rejected Amazon's objection to initiating insolvency proceedings against Future Retail. Admitting the lenders' plea, the NCLT appointed Vijay Kumar Iyar as the resolution professional for FRL.
The Supreme Court of India has expressed concern over the erosion of the family institution, stating that people in India, while valuing the concept of 'vasudhaiva kutumbakam' (the world is one family), are failing to maintain unity even within their immediate families. This observation came in a case involving a dispute between a mother and her eldest son over property and family relations.
India has vehemently denied Pakistan's accusations of involvement in a bomb attack on a school bus in Balochistan's Khuzdar region, calling the allegations "baseless." The Ministry of External Affairs (MEA) stated that Pakistan consistently blames India for its internal issues to deflect attention from its reputation as a global terrorism hub. The MEA spokesperson, Randhir Jaiswal, asserted that this attempt to deceive the world will ultimately fail. The suicide attack resulted in the tragic deaths of five people, including three children, and left several others injured. While India expressed condolences for the loss of life, it firmly rejected Pakistan's claims. The MEA highlighted Pakistan's tendency to scapegoat India for its internal problems, a tactic aimed at obscuring its own failings in combating terrorism. The blast, reportedly carried out through a vehicle-borne improvised explosive device (VBIED), was condemned by Pakistan's Prime Minister Shehbaz Sharif, who expressed deep sorrow over the deaths of innocent children and teachers.
Karnataka Deputy Chief Minister D K Shivakumar met senior Congress leader Priyanka Gandhi Vadra, fueling speculation about a leadership change in the state. The meeting occurs amid reports of Shivakumar pressing for the chief minister's post.
Launching a fresh attack on HDFC Bank MD and CEO Sashidhar Jagdishan, Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Monday said the trust or its permanent trustee Prashant Kishor Mehta has no outstanding dues to the private bank. It has never borrowed a single rupee from the bank nor they are connected to the borrowing company (Splendour Gems Ltd) in question whatsoever, LKMM said in a statement.
The decision follows a legal challenge by Manchester City against the league's Associated Party Transaction (APT) rules, which regulate commercial deals between clubs and companies linked to their owners if considered above fair market value.
The Bombay High Court has dismissed the petitions of the Board of Control for Cricket in India (BCCI) challenging arbitral awards of over Rs 538 crore (Rs 5,038 million) in favour of the now-defunct Indian Premier League franchise Kochi Tuskers Kerala.
The final NRC, a list of Indian citizens residing in Assam, was released in 2019 by excluding 19,06,657 people. However, it has not been notified by the Registrar General of India, leaving the controversial document without any official validity.
These cameras will detect vehicles older than 10 years (diesel) or 15 years (petrol) and an alert will be sounded to the command centre and enforcement teams comprising traffic and transport department officials which will impound the vehicles.
A court in Bangladesh has issued fresh arrest warrants against former Prime Minister Sheikh Hasina, her son Sajeeb Wajed, and 16 others in two cases related to alleged irregularities in allocating residential plots on the outskirts of the capital. The warrants were issued based on chargesheets filed by the Anti Corruption Commission (ACC), which alleges that Hasina and her family members illegally acquired plots in Purbachal New Town by abusing state power. The court has ordered police to submit a report by April 29 on the progress of executing the warrants. This is the latest in a series of legal actions against Hasina and her family members since her Awami League regime was toppled last year in a student-led mass uprising.
The National Stock Exchange (NSE) has offered to pay Rs 1,388 crore to the Securities and Exchange Board of India (Sebi) to settle the colocation and dark fibre cases, potentially clearing the way for its much-awaited initial public offering (IPO). This is the biggest-ever settlement plea made with the markets regulator.
Former Resolution Professional of insolvency-bound edtech firm Byju's has moved appellate tribunal NCLAT challenging disciplinary action recommended against him by the Bengaluru bench of NCLT.
Three judges, including two high court chief justices, were appointed to the Supreme Court on Thursday.
The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was "optimistic" about the impact of the US tariffs on the Indian economy and, in long-run, it could benefit the country due to dipping trade relations between the US and China.
Congress MP Mohammad Jawed and AIMIM president Asaduddin Owaisi have challenged the validity of the Waqf (Amendment) Bill, 2025 in the Supreme Court, arguing that it violates constitutional provisions. The petitions claim the bill imposes arbitrary restrictions on Waqf properties and their management, undermining the religious autonomy of the Muslim community. They also allege that the bill discriminates against Muslims by imposing restrictions not present in the governance of other religious endowments. The bill was passed in the Rajya Sabha and Lok Sabha, with the petitioners arguing that it introduces limitations on the creation of Waqfs based on the duration of one's religious practice, mandates inclusion of non-Muslim members in Waqf administrative bodies, and shifts key administrative functions to government officials, thereby diluting the autonomy of Waqf management.
The Securities Appellate Tribunal (SAT) has granted an interim stay on a Sebi order that slapped a penalty of Rs 2 crore on Yes Bank's former MD Rana Kapoor in a case of mis-selling the private sector lender's AT1 bonds. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case. The interim relief came after capital markets regulator Sebi in July issued a demand notice to Kapoor, warning arrest and attachment of his assets over non-payment of the fine of Rs 2 crore, along with the interest.
The Supreme Court collegium has recommended the appointment of Karnataka High Court Chief Justice N V Anjaria, Gauhati High Court Chief Justice Vijay Bishnoi, and Bombay High Court judge Justice A S Chandurkar as judges of the Supreme Court. The five-member collegium, headed by Chief Justice B R Gavai, decided to recommend the names to fill three existing vacancies in the top court. The appointments follow the superannuation of former Chief Justice Sanjiv Khanna, and Justices Abhay S Oka and Hrishikesh Roy. The Supreme Court, which has a sanctioned strength of 34 judges, is currently working with 31 judges.
Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.
The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.
The Supreme Court Monday said the Centre was testing its "patience" and "emasculating" tribunals by not appointing officials to the quasi-judicial bodies which are facing severe crunch of presiding officers as well as judicial and technical members and sought action on the matter by September 13.
Bangladesh police have filed a case against deposed prime minister Sheikh Hasina and 72 others on charges of hatching a conspiracy to overthrow the interim government led by Muhammad Yunus by waging a civil war, officials and media reports said on Saturday.
The Competition Commission of India on Tuesday approved Singapore's Temasek Holdings proposed acquisition of a minority stake in Haldiram Snacks Food. Temasek Holdings through its arm Jongsong Investments Pte is acquiring a stake in the target company.
'40 percent of voters in Bihar will be excluded.'
Security agencies have identified 11 Indians who spied for Pakistan. Look at what they did for a living.
'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'
Islam was among nine persons arrested by Morigaon police on May 24 in a crackdown on illegal immigrants declared by the Foreigners' Tribunal, but who had been evading deportation.
Inter Kashi filed an appeal at the Switzerland-based CAS on April 24 against the decision of the AIFF appeals committee and the world's apex sports tribunal ruled in favour of the club on Tuesday.
Tata Motors (TaMo) is aiming to gain market share across its passenger vehicle (PV) and commercial vehicle (CV) businesses - targeting a 40 per cent share in CVs and a 16 per cent share in PVs by 2027. Meanwhile, it has already achieved earnings before interest, tax, depreciation, and amortisation (Ebitda) breakeven in its electric vehicle (EV) business at 1.2 per cent (up 830 basis points), ahead of its target of 2025-26 (FY26).
The Resolution Professional (RP) of Future Retail Ltd (FRL) has filed an application before the NCLT against Kishore Biyani, his brother Rakesh Biyani and eight other entities alleging their involvement in a "fraudulent transaction" in the company. This application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was appointed as 'Transaction Review Auditor' by the RP," said a regulatory filing from Future Retail Ltd (FRL). The Transaction Review Auditor was to assist RP in his duties and the determination, wherein a transaction has been reported under Section 66 of the Code for adjudication by the NCLT.
The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former IL&FS directors, who are not part of the new board, to declare them as wilful defaulter. However, the appellate tribunal said those directors who are part of the new board of Infrastructure Leasing & Financial Services (IL&FS) and its various subsidiaries after October 1, 2018, would remain protected.
Satyanarayan told PTI that the AIFF will have to obey the CAS' final ruling on the matter.
A new report by the Central Pollution Control Board (CPCB) submitted to the National Green Tribunal has said that the water quality during the recently concluded Maha Kumbh in Prayagraj was fit for bathing, despite earlier reports indicating otherwise. The report, based on statistical analysis of water samples collected during the Kumbh, found that the median values for key parameters like pH, dissolved oxygen, biochemical oxygen demand, and fecal coliform count were within permissible limits. However, the report acknowledges significant variability in data due to factors like upstream activities and sampling conditions. The matter is set for hearing on April 7.
Appellate tribunal NCLAT on Thursday admitted the petitions filed by Meta Platforms and Whatsapp against an order passed by fair trade regulator CCI which imposed a penalty of Rs 213.14 crore for abuse of market dominance.
Briton Jack Draper has given his backing to world number one Jannik Sinner over the doping controversy which saw the Italian accept a three-month ban and said he does not deserve any of the hate he gets.
Jannik Sinner held onto his world number one ranking ahead of his return from a three-month doping ban
Yunus said his administration took over to carry out three mandates 'justice, reform and elections.'
The Central Administrative Tribunal (CAT) has overturned the transfer of Indian Revenue Service (IRS) officer Sameer Wankhede from Mumbai to Chennai, ruling that the revenue department violated its own guidelines. Wankhede, known for his role in the Cordelia cruise drug bust case involving Bollywood actor Shah Rukh Khan's son, had claimed his transfer was punitive and a consequence of his actions at the Narcotics Control Bureau (NCB). The CAT found procedural lapses and potential bias in the transfer decision, stating that transfer policies must be implemented fairly and transparently.
The Maharashtra State Waqf Board has denied issuing notices to farmers in Latur over land ownership. The notices were issued by the Waqf Tribunal following a claim filed by an individual. The Waqf Board says it has not made any claim on land in any village in Latur district.
