'Laws have been used in a way to serve the needs of the current regime and its authoritarian ideology.'
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
In a country like India, where counterfeit items are sold in every nook and corner, the regulation of trademark infringement poses a big challenge.
A direction by Chief Justice of India S A Bobde, Justice B R Gavai, and Justice Surya Kant to the Karnataka high court asked the latter to expeditiously settle the matter of assets deposited before it by Mallya for liquidation, and thereby payment to creditors 'preferably not later than three months'. It will be interesting to see the view of the London high court, if the settlement of his dues to Indian creditors is imminent, reports Ashis Ray.
'The fact that all the charges against my son are baseless and concocted, in itself, gives me all the hope.'
'It could take at least a couple of years for his case to go through the entire run of the British judiciary.'
A three-member Bench of the court ruled that the order by the Department of Health regarding employment of doctors on the High-Skilled Migrant Programme was not lawful, after a 16-month-long legal battle led by the British Association of Physicians of Indian Origin.
British oil firm Cairn Energy Plc on Tuesday said it has identified Indian sovereign assets overseas, which it can seize in the event of New Delhi failing to return over USD 1.7 billion that an international arbitration tribunal has ordered after rescinding a retrospective tax demand.
"He is expected to be produced before the court for a second bail application hearing on March 29," a court official in London confirmed on Tuesday.
During a series of hectic talks between Cairn Energy and the Indian government over the $1.2-billion arbitration award in favour of the former last week, a slew of options was proposed by the two sides, including computation of capital gains and participation in the Vivad se Vishwas (VsV) dispute resolution scheme. The government is likely to go ahead and appeal against the arbitration award by a Permanent Court of Arbitration at The Hague before March 21, indicated finance ministry officials. Cairn Energy Plc on Sunday said it was hopeful that an acceptable solution to its tax dispute with the Indian government could be found to avoid prolonging and exacerbating the 'negative issue' for all parties.
The Supreme Court on Tuesday reserved its verdict on a Rajasthan government's appeal challenging High Court's order staying conviction of Bollywood actor Salman Khan in the black buck hunting case in which he was awarded five-year jail term by a trial court.
State Bank of India has appointed valuer to assess the value of assets of Mallya.
'Just because a subject is uncomfortable for some and doesn't suit their political ideology, should a film not be made?'
Earlier, Rajagopal had surrendered before a local court to serve life sentence in a murder case and had been shifted to Vijaya Hospital, after the Madras high court passed an interim order on a petition filed by his son.
Sharif, 70, has been in London since November last year after the Lahore High Court granted him permission to go abroad for four weeks for treatment.
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
Indian doctors won a landmark legal battle against the British government when the House of Lords ruled that the state "was wrong" in issuing guidelines discriminating against overseas graduates, mostly Indians,for employment in its health services.
Cash-strapped telco Vodafone Idea's proposal for investment of up to Rs 15,000 crore through foreign direct investment (FDI) has been approved by the Union government, according to officials. A top-level group, comprising representatives from the ministries of home affairs, external affairs, finance and commerce and industry, took the decision. The nod, which is an enabling provision, would help the financially-stressed company raise funds to pay up some of its dues linked to adjusted gross revenue (AGR), reduce debts and use the money for operational expenses.
Speaking to reporters Mallya said, "It will all become clear in court".
Most political leaders in Punjab have come out in the open to oppose him, unlike the early 1980s when political leaders were scared of speaking against Bhindranwale, observes Sudhir Bisht.
In a series of tweets reacting to banks led by State Bank of India taking over management control of troubled Jet Airways, Mallya said, "...Only wish the same was done for Kingfisher".
Vijay Mallya is accused of money laundering and violating the FEMA.
Tiger Hanif, an alleged aide of underworld don Dawood Ibrahim and wanted in connection with two bomb blasts in Gujarat in 1993, has made a final bid to avoid being extradited to India from the UK.
A British court on Monday ordered the release on bail of a top Islamist radical leader, who was once described as "Osama bin Laden's right hand man in Europe".
Mallya, who flew out of India in March 2016, has been living in the United Kingdom since then.
A four-member team led by CBI additional director Rakesh Asthana will apprise British authorities about the finer points of the loan default cases against Mallya. Two senior ED officials are also part of the team.
Earlier, two different benches of the apex court had refused to hear the cross-appeals saying that one or the other judges had been linked to the adjudication of the issue before.
A New York appeals court has upheld the dismissal of a $650 million lawsuit against Formula One boss Bernie Ecclestone, saying he cannot be sued in the state's courts over the sale of a major stake in the motor racing business.
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.
Usain Bolt and his Jamaican team mates who won the 4 x 100m relay at the 2008 Beijing Games have been told by the country's Olympic Association to return their gold medals following Nesta Carter's failed drug test.
India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8
The trial, which opened at the London court on December 4, is aimed at laying out a prima facie case of fraud against the 61-year-old embattled businessman, who has been based in the UK since March 2016.
Tainted former captain Salim Malik is ready to co-operate with the International Cricket Council and Pakistan Cricket Board to get their clearance, which will allow him to earn a living from the game. In a video message, the former Test captain, who was banned in 2000 for life for match-fixing by the PCB on the recommendations of the Justice (Retd) Malik Qayyum judicial commission report, also apologised to the nation and his fans for his actions.
The central probe agency issued a provisional order under the Prevention of Money Laundering Act for attachment of Indian assets in Kodaikanal and Ooty in Tamil Nadu and a flat in Delhi's Jorbagh. A cottage and house in Somerset in the UK and a tennis club located in Barcelona, Spain have also been attached as part of the same order, the agency said.
Westminster magistrates' court judge Nina Tempia confirmed that Modi's extradition trial is scheduled between May 11 and 15 next year and that he must re-appear via videolink every 28 days for "call-over hearings" until the case management for the trial kicks in from February next year.
The Australian police have said that Mohamed Haneef, who was wrongly accused of links to the failed UK terror plot, continued to remain under investigation despite the government ruling out an appeal against a court decision to reinstate his visa.
Cairn has already taken steps to have the arbitration award recognised in nine major jurisdictions such as the US, UK, France, the Netherlands, Singapore and Canada's Quebec province, where Indian sovereign assets have been identified. It hasn't said what it might go after but assets could include Air India's planes, vessels belonging to the Shipping Corporation of India and property owned by state banks.
The apex court, however, said foreign lawyers could not be barred from coming to India and conduct international commercial arbitration proceedings.
The agency said that since all the applicants, except one, were public banks, the money sought to be recovered was public money, restoration of assets in their favour was in public interest.
Under the new code, the board intends to criminalise match-fixing and spot-fixing and also specify punishments for offenders, including jail time.
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