Davis Cup: Ramkumar to lead Indian challenge against Pakistan on grass courts
The fate of the $10 billion merger between Zee Entertainment Enterprises and Culver Max Entertainment, formerly Sony Pictures Networks India, is hanging by a thread, with the two parties unable to finalise an agreement as the end of the one-month grace period looms. The two parties are yet to come to an agreement over Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka leading the merged entity after Sony expressed concerns after market regulator Sebi barred him from holding managerial posts in Zee and any of the entities in a fund-diversion case.
The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises Ltd and Culver Max Entertainment (earlier known as Sony Pictures Networks India). This order by the Mumbai bench, headed by H V Subba Rao and Madhu Sinha, will pave the way for the creation of a $10-billion media company, the biggest in the country. The tribunal also dismissed all objections regarding the merger.
France and Juventus midfielder Paul Pogba has been banned for four years for a doping offence earlier this season.
A report of the National People's Tribunal on the 2008 riots in Kandhamal, Orissa, is out. The report that runs into 197 pages points out that the brutality of the violence falls within the definition of 'torture' under international law, particularly the Rome Statute of the International Criminal Court.
The immigration tribunal ruled that the Sikh man who "housed and fed" armed Khalistani militants in India over a decade should be allowed into Canada because he did so "mostly out of necessity" and fear of retribution, the paper said.
After a 16 year manhunt, Bosnian Serb war crimes suspect Ratko Mladic has been transferred to the United Nations tribunal for Yugoslavia at The Hague. Mladic, a Bosnian Serb, has previously been indicted for war crimes, crimes against humanity and genocide.
The Supreme Court on Thursday directed Jalan-Kalrock consortium, the new owners of the cash-strapped Jet Airways, to deposit Rs 150 crore in SBI's escrow account by January 31, saying failure to do so will mean that the consortium is not in compliance with the terms of the resolution plan for reviving the airline. The top court, meanwhile, also refused to allow the separate plea of the Jet Aircraft Maintenance Engineers Welfare Association seeking payment of provident fund and gratuity dues, observing if additional money is awarded, the resolution plan will become "unworkable". The consortium, as per the lawyers for the workmen, has to pay over Rs 200 crore towards dues on account of PF and gratuity.
An international tribunal has ruled that the Indian government had acted "unfairly" and "inequitably" in annulling a contract between Devas and ISRO's commercial arm Antrix.
'It was specifically mentioned in the Gadgil Committee report that this particular area where the colossal landside happened now should be in the Environmentally Sensitive Area under Zone 1.' 'Zone 1 is the most important and ecologically sensitive area, and that it has to be protected entirely.' 'At least 90% of the Wayanad disaster is man-made.'
The National Company Law Appellate Tribunal has dismissed an operational creditor's petition to initiate insolvency proceedings against Wipro Ltd. A two-member Chennai bench of the appellate tribunal held earlier that there was a pre-existing dispute over the payment between Wipro and the petitioner and observed that the Insolvency and Bankruptcy Code was not framed for being a "mere recovery legislation for creditors". The National Company Law Appellate Tribunal (NCLAT) has upheld the order of the NCLT.
The Delhi high court on Thursday rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for a period of four years by tax authorities.
India will appeal against the verdict of the Hague tribunal in Antrix-Devas deal case, in which the international court had declared the annulling of the contract as "unfair" and "inequitable" and asked it to pay huge amount as compensation.
The government on Friday cleared the long-awaited proposal to set up a National Tax Tribunal to reduce the burden of pending cases in high courts and to ensure uniformity in administration of tax laws.
On October 18, the apex court had directed Karnataka to keep supplying Tamil Nadu with 2,000 cusecs of water till further orders.
'When I called the HR department, they abused me.'
The mystery surrounding the alleged fund diversion from Zee Entertainment Enterprises (Zee) by founders Subhash Chandra and Punit Goenka has thickened with speculations of an amount multiple times higher than that cited by the ex-parte interim order passed by the Securities and Exchange Board of India (Sebi) dated June 12, 2023. While Zee shares witnessed a fresh selloff on Wednesday, news reports of accounting fraud left investors guessing about the hole in the media broadcaster's books. An order by the Securities Appellate Tribunal (SAT) in October 2023 had clearly hinted that Sebi's investigation had found a deeper rout.
Mercedes and tyre supplier Pirelli appear before Formula One's International Tribunal in Paris on Thursday to face charges that they broke Formula One testing regulations in Spain in May. A detailed look a the issues and potential outcomes.
The top court drew parallel between driving and technology and said if one doesn't know how to handle technology then he or she can't be a judge and questioned the approach of some of the high courts.
With this latest notice, the Income Tax department has raised a total demand of Rs 3,567 crore from the Congress.
'The larger story of systematic destruction, which can and has been quantified, goes mysteriously missing from any political and/or public discourse about the ongoing devastation in the Ghats,' notes Prem Panicker.
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.
Kerala-based college lecturer T J Joseph, whose hand was chopped off by activists of an ultra outfit for setting a controversial question paper, filed an appeal before the university tribunal on Tuesday against his dismissal from service by the management of Newman College of Thodupuzha run by a Catholic church.
Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.
Colonel (retired) H S Kohli, sacked from the Army for faking encounters during counter insurgency operations in North East in 2003, has filed a review petition before the Armed Forces Tribunal.
The panel will recommend if they are to be penalised for testing positive for the banned steroid nandrolone.
An international tribunal in the Hague has ruled in favour of the Philippines.
Karnataka on Thursday decided to file an 'original suit' and a Special Leave Petition in the Supreme Court challenging the February 5 final award of the Cauvery Water Disputes Tribunal besides seeking clarificatory orders from the tribunal.
Milosevic was facing 66 counts in connection with numerous crimes committed in Kosovo, Croatia and Bosnia and Herzegovina from 1991 to 1999 when he was found dead in his cell on Saturday.
Tribunal has stopped any construction work at the site and stayed the government's order to convert 500 acres for industrial purpose till further orders.
P Varun Raj, the 24-year-old Indian student who was stabbed at a fitness centre in the United States state of Indiana over the weekend, continues to be in a critical condition and is on a life support, sources familiar with his ongoing treatment said.
In the high-profile case involving repayment of money to bondholders of two Sahara group firms, the Securities and Appellate Tribunal on Thursday dismissed a plea for extension of deadline for submitting investor documents to the market regulator Sebi.
Rights activists deplore absence of international jurists on panel to try Saddam.
Having lost their case in the Bombay High Court (HC) against deregistration of their union, Jet Airways pilots plan to go to an industrial tribunal.
Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank have reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns and operates coffee chain Cafe Coffee Day. Counsel representing CDGL and IndusInd bank on Wednesday informed the Chennai bench of National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw insolvency litigations. A two-member bench comprising Justice M Venugopal and Shreesha Merla took their submissions on record and set aside the order admitting CDGL to insolvency.
Lieutenant General Avadesh Prakash, former military secretary who is facing court martial in the Sukna land scam, is likely to approach the Armed Forces Tribunal against the disciplinary action initiated against him by the army.
A special tribunal has issued notices to the Students Islamic Movement of India, its chief Safdar Nagori and two other functionaries of the banned outfit, asking them to explain why the organisation and its activities should not be declared 'unlawful'. A single-member tribunal headed by Justice Sanjiv Khanna of the Delhi high court has asked SIMI, its president Safdar Nagori, finance secretary Imran Ansari and president of the outfit's Madhya Pradesh zone.
With the Armed Forces Tribunal indicting a top officer for falsifying Kargil war reports and showing bias towards a brigadier, the army said it will take action on the issue after analysing the verdict.
The Securities Appellate Tribunal (SAT) on Thursday quashed a Sebi order that barred NDTV founders Prannoy Roy and Radhika Roy from the securities market for two years in an insider trading case. However, the appellate tribunal partly set aside an order against Vikramaditya Chandra, the group's chief executive officer during the relevant period, and remitted the matter back to Sebi to decide the issue. It further said that trades executed by Chandra during PSI-3 (price-sensitive information) are required to be reconsidered, according to the order passed by SAT.
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