IL&FS group would resolve debt of Rs 55,000 crore by March 2022, the board of the crisis-hit company has stated in its affidavit filed before the National Company Law Appellate Tribunal (NCLAT). While updating the progress of the resolution progress, the IL&FS board, led by Uday Kotak, said Rs 55,000 crore debt would be resolved through asset monetisation, restructuring and insolvency proceeding initiatives. Some of this has already been completed while the rest is at different stages of resolution, it said in a brief snapshot on the progress made in the ongoing resolution process till December 7, 2021, and suggested estimates of progress to be made by March 2022.
Earlier, the top court had on September 19 deferred the hearing on the appeal of Hussain against a Delhi high court order relating to an FIR against him on the woman's complaint alleging rape.
'I cannot afford to go to court. I cannot afford to lose a case. I will fight the Gandhi way -- peacefully, non-violently, and with determination,' Purshottam Chauhan, a resident of the Sabarmati Ashram, tells Rosamma Thomas. Around him, the homes of former neighbours are rubble. About 300 Dalit families resided within the premises of the Sabarmati Ashram till 2021. Only about 40 now remain.
This season, the nature of the advertising game has changed dramatically with TV and digital rights going to different entities.
A bench comprising Chief Justice Uday Umesh Lalit and justices S Ravindra Bhat and Sudhanshu Dhulia, which was to take up the plea for hearing at 3.45 pm, adjourned the matter to September 1 due to paucity of time.
'I would rather focus on the good rather than what didn't happen.'
The SC has kept in abeyance the disqualification proceedings before the Deputy Speaker of the Maharashtra Assembly till July 12
The Maharashtra cabinet on Wednesday decided to name the proposed international music college in Mumbai after legendary singer Lata Mangeshkar, who died recently, a state minister said.
Even as authorities on Friday morning began demolishing the North Goa-based restaurant linked to the death of BJP leader Sonali Phogat for violation of norms, the action was stopped midway after its owner claimed that the Supreme Court gave a stay on it.
Addressing the Sena workers in Mumbai for the second consecutive day, he also said that doors of the state and party are closed for the rebels MLAs.
A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said it was sitting in a combination of two and according to a reference order on the matter, it should go before a bench of three judges for disposal.
It said that the nodal counsel would consider designating some other matters as lead ones, keeping in mind the grounds of geographical and religious classifications among other factors.
Cirkus is boring and puerile, notes Sukanya Verma.
Shiv Sena president Uddhav Thackeray on Friday welcomed the Bombay high court's decision to allow his faction to hold its annual Dussehra rally at the iconic Shivaji Park ground in Mumbai, and said his party's faith in the judiciary stood vindicated.
Maha Vikas Aghadi, comprising the Shiv Sena, Nationalist Congress Party and Congress, has called a meeting of its MLAs in Mumbai on June 7.
Chandauli Superintendent of Police Ankur Agarwal said a team of police had gone to the house of a sand trader in Manragpur village of the Saidraja area on Sunday.
Supreme Court judge Justice DY Chandrachud, who has been asking lawyers to adopt technological interventions, on Tuesday said that he saw someone recording the court's proceedings on a cell phone and wondered "how can he do so", but then he realised this was not a big deal as nothing is confidential in an open court hearing.
Alia Bhatt, animated treats, action masala and comic book adaptations, OTT is quite the goodie bag this week.
The observation came when Upadhyay, a lawyer, said since population comes under the concurrent list of the Constitution state governments can also make laws to control it.
Shiv Sena member of Parliament Sanjay Raut on Monday said his party is ready for a "street fight and a legal battle", ahead of the crucial hearing in the Supreme Court against the disqualification notice issued by the Maharashtra Assembly's deputy speaker to rebel party MLAs.
Terming as "infructuous", the Supreme Court on Tuesday closed as many as 11 petitions, including the one filed by the National Human Rights Commission (NHRC), almost 20 years ago seeking an independent probe into the 2002 Gujarat riots cases.
Former judges of the Supreme Court and high courts and some senior advocates have written a letter to the Chief Justice of India NV Ramana requesting the top court to take suo motu cognisance of the detention of protestors and demolition of their houses by the Uttar Pradesh authorities following protests against objectionable remarks made by BJP spokespersons.
After reading posts on social media that medical oxygen was required for the child during the train travel, a number of people arrived at the Bhopal railway station in the early hours of Friday carrying oxygen cylinders with them.
State industries minister Uday Samant alleged the previous Maha Vikas Aghadi dispensation was responsible for the loss as it sat on the project offer for seven months whereas the new government approved incentives worth Rs 38,831 crore in July.
'We are the real Shiv Sena and we will remain in the Sena.'
Maharashtra Shiv Sena MLA and minister Eknath Shinde on Sunday moved the Supreme Court against the disqualification notice issued by the deputy speaker to him and 15 other rebel legislators.
The 1991 provision is an Act to prohibit conversion of any place of worship and to provide for the maintenance of the religious character of any place of worship as it existed on August 15, 1947, and for matters connected therewith or incidental thereto.
The Supreme Court on Tuesday took note of the Eknath Shinde faction's claim about the Uddhav Thackeray camp stalling the proceedings before the poll panel where the former's application staking claim over the Shiv Sena and its symbol is pending, and said it will consider listing its plea before a Constitution bench.
All the Shiv Sena rebels who had resigned as ministers of the previous MVA government to join the Shinde camp were inducted into the new cabinet on Tuesday.
The much-delayed expansion of the 41-day-old Maharashtra ministry saw as many as 17 former ministers taking oath on Tuesday.
The apex court was also unhappy over the submission of the counsel for the Centre that the matter be adjourned.
The Supreme Court is likely to pronounce on Monday the quantum of sentence against fugitive businessman Vijay Mallya, an accused in the bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, in a contempt case where he has been found guilty. A bench comprising Chief Justice Uday Umesh Lalit and Justice S Ravindra Bhat on March 10 had reserved its order on the punishment in the contempt case against Mallya, saying the proceedings against him have hit a "dead wall". The top court had heard senior advocate and amicus curiae Jaideep Gupta on various aspects related to the contempt law and the punishment, and had granted one last opportunity to lawyer Ankur Saigal, counsel for Mallya, to file his written submissions on the sentencing aspect.
India's GDP expanded 13.5 per cent in the April-June quarter, the quickest pace in a year, to retain the world's fastest growing economy tag but rising interest costs and the looming threat of a recession in major world economies could slow the momentum in the coming quarters.
The Indian Premier League's media rights for the next five years have been sold for a whopping Rs. 48,930 crore, said BCCI secretary Jay Shah on Tuesday.
'We are aghast at what happened in Gujarat a few days ago, on the 75th anniversary of India's Independence'
The funds will be used to provide basic necessities for patients at various locations, migrant workers and slum dwellers.
Security arrangements were on Monday tightened in the luxury hotel near Guwahati where rebel Maharashtra MLAs led by Shiv Sena leader Eknath Shinde are camping as advocates, senior police and government officials were seen entering there.
Bollywood stars celebrate Father's Day with priceless pictures and touching messages.
Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.
The Supreme Court on Tuesday reserved its verdict on a batch of pleas challenging the validity of the 103rd Constitution amendment providing 10 per cent reservation to economically weaker sections (EWS) persons in admissions and government jobs.
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