The move comes a few days after the Yunus-led government dropped the portrait of the country's founding father and deposed prime minister Sheikh Hasina's father Mujibur Rahman from new currency notes.
The National Company Law Appellate Tribunal (NCLAT) has set aside the order of NCLT directing bourses NSE and BSE to reconsider their approval for the Zee-Sony merger. A two-member NCLAT bench has asked NCLT to consider the merger of Zee Entertainment with Culver Max Entertainment (earlier known as Sony Pictures Networks India) afresh, after hearing all the parties. The appellate tribunal order came on hearing the appeal filed by Zee Entertainment Enterprises Limited (ZEEL) against the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) on May 11, 2023.
Bangladesh's interim government on Wednesday dismissed as 'completely baseless' and 'misleading' the media reports that claimed it has dropped the 'Father of the Nation' title for Sheikh Mujibur Rahman and revised the definition of freedom fighter.
Speculation swirls in Pakistan regarding potential changes in the political landscape, fueled by rumors of the army chief's possible presidential aspirations and discussions between top civilian and military leaders.
Many buyers skip or misread critical provisions in builder-buyer agreements.
The Goods and Services Tax (GST) Council, which is likely to meet in the third or fourth week of June, is set to clear the operational framework of the much-awaited GST appellate tribunal, which will deal with tax disputes and streamline resolution. "The final blueprint, mainly the operational part, is expected to be presented in the GST Council meeting for approval. "This will pave the way for the tribunal to be functional, both at the central and state levels," said a senior government official, who expects the tribunal to be up and running by November.
'What does Indira Gandhi want from me? At this age, what will I do to her?'
It was said that Sharif wanted the PML-N-led coalition government to utilise all available diplomatic resources to restore peace between the two nuclear-armed states, saying he was not keen on taking an aggressive position, The Express Tribune reported.
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.
The Supreme Court has ruled that a car driver who applies sudden brakes on a highway without warning can be held negligent in the event of a road accident.
Jannik Sinner beat defending champion and Spanish second seed Carlos Alcaraz to win his first Wimbledon title.
The bishop, in his order, alleged that though Puthiyaparambil was appointed as vicar of a local church, he didn't accept the appointment and suddenly left after publishing a note on social media.
'As a result of delays, the desired reliefs are not coming for taxpayers.'
DPDP Act (2023) gives individuals the right to decide how their personal data is collected and used. For many businesses, this means reworking longstanding data practices, notes Ravi Duvvuru.
According to sources, India would be invited to the new proposed forum, while countries like Sri Lanka, Maldives, and Afghanistan are expected to be part of the grouping.
The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First's voluntary insolvency resolution proceedings. A two-member NCLAT bench asked several aircraft lessors of Go First opposing insolvency, to approach National Company Law Tribunal (NCLT) for any remedy. "The order dated May 10, 2023 allowing insolvency is upheld," said the NCLAT bench headed by Chairperson Justice Ashok Bhushan.
The Delhi High Court has dismissed petitions from the Ministry of Defence challenging disability pension orders for armed forces personnel, emphasizing that such pensions are a right, not an act of generosity, and should not be denied based solely on the location of disability onset or claims of lifestyle diseases.
Implementation of sports bill in 6 months, regulation of participation standard safeguard: Mandaviya
The Delhi government has requested the Centre's air quality panel to suspend the fuel ban on older vehicles, citing implementation challenges and public discontent. The government is also seeking solutions to restrictions on end-of-life vehicles.
The Quad grouping has called for bringing the perpetrators, organisers and financiers of the Pahalgam terror attack to justice without any delay and urged UN member nations to extend cooperation for it.
The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.
The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.
The Awami League leaders were charged with committing crimes against humanity over the deaths of hundreds of people during last year's anti-government protests by a student platform. The protests resulted in the ouster of Hasina's 16-year-long regime on August 5.
The Karnataka high court on Monday did not grant interim relief to Nikhil Sosale, head of marketing, Royal Challengers Bengaluru (RCB), who was arrested on June 6 in connection with the fatal stampede near M Chinnaswamy Stadium, and adjourned the matter for hearing on Tuesday.
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 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.
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.
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.
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 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 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 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.
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.
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 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.
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.
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.
Three judges, including two high court chief justices, were appointed to the Supreme Court on Thursday.
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.
