'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'
Vadra, on Facebook termed as "witch hunt" the Enforcement Directorate's action of attaching assets of a firm linked to him, and claimed that it showed "complete misuse of assertion of power".
Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
The PIL has also sought contempt action against Uddhav's wife Rashmi Thackeray, editor of Saamana.
In a major relief to Glaxo SmithKline Pharmaceuticals Ltd, the Delhi high court on Tuesday protected its popular preparation under the brand name OSTOCALCIUM.
The ED told the apex court that during the investigation it found Chidambaram had 11 'immovable properties' and 17 bank accounts abroad and his custodial interrogation was required to unearth the larger conspiracy in the case.
The former Union home minister expressed the hope that the investigative agencies will respect the law.
A plea has been filed in the Supreme Court for initiation of contempt proceedings against the Securities and Exchange Board of India (SEBI), alleging it has violated the timeline for completing the investigation and submitting its report on the allegations of stock price manipulation by the Adani group. An application has been filed by PIL petitioner Vishal Tiwari saying that despite the deadline given to the SEBI it has failed to comply with the direction of the court and has not submitted the final conclusion/report as was directed by the court. It said by the order dated May 17, 2023, the apex court directed SEBI to submit its report till August 14, 2023.
A three-judge bench of Chief Justice DY Chandrachud and justices PS Narasimha and JB Pardiwala adjourned the hearing to March 17 as it had run out of time.
The probe agency made the submission in an affidavit filed before Justice A K Pathak, who listed the matter for hearing on August 1 and extended till then the interim protection against arrest granted to Chidambaram on May 31.
The arrest of ICICI Bank's former Managing Director and Chief Executive Officer (CEO) Chanda Kochhar and her husband Deepak Kochhar by the Central Bureau of Investigation (CBI) in a loan fraud case was "without application of mind and due regard to the law", amounting to an "abuse of power", the Bombay high court has said. A division bench of Justices Anuja Prabhudessai and N R Borkar had on February 6 held the Kochhars' arrest as illegal and confirmed a January 2023 interim order passed by another bench granting them bail. In the order made available on Monday, the court said the CBI has been unable to demonstrate the existence of circumstances or supportive material based on which the decision to arrest was taken.
All three agreed to have the proceedings heard in English and each of them nodded that they understood the charges of first-degree murder and conspiring to murder Nijjar, the report said.
A bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha and Justice JB Pardiwala took note of the submissions of lawyer Vishnu Shankar Jain that the district judge of Varanasi has deferred five times the decision on a plea seeking clubbing of all civil suits pertaining to the dispute.
The Supreme Court on Wednesday asked a special court in Ghaziabad, which has summoned journalist Rana Ayyub in a money laundering case lodged by the Enforcement Directorate (ED), to adjourn the proceedings scheduled for January 27 to a date after January 31.
'If this court believes I have crossed a line and wants to shut down my internet indefinitely, then I too will write Happy Independence Day post cards every 15th August, just like my Kashmiri friends'
The Income Tax department on Friday conducted separate 'survey operations' at the premises of online news portals Newsclick and Newslaundry in New Delhi, officials said.
Tehelka founder-editor Tarun Tejpal was arrested by the Goa police shortly after he arrived at Panaji airport on Friday in connection with the alleged sexual assault of a woman colleague by him.
Zee Group Chairman Subhash Chandra on Saturday appeared before the police for questioning in connection with the alleged Rs 100 crore extortion bid by two Zee editors from Congress MP Naveen Jindal's company for not airing news damaging to it.
In an affidavit filed in the apex court, the Union law ministry rejected the petitioner's claim that the two election commissioners were hastily appointed on March 14 to "pre-empt" the orders of the top court the next day, when the matters challenging the 2023 law were listed for hearing on interim relief.
The high court made it clear that a JNU faculty member has to stand as surety for Kanhaiya.
'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First's voluntary plea to initiate the insolvency resolution process against the airline. A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company. It has also put the company under protection of moratorium and directed the suspended board of directors to assist the IRP to run the company during insolvency proceedings.
In a landmark judgment that delivered a big blow to the government, the Supreme Court on Thursday annulled the electoral bonds scheme, saying it violates the constitutional right to freedom of speech and expression as well as the right to information.
Pachauri, who is facing sexual harassment allegations from a woman employee, was on Saturday granted anticipatory bail by a Delhi court
In a relief toD leader Bikram Singh Majithia, the Supreme Court Monday directed the Punjab police not to arrest him till February 23 in a drugs case so he can undertake electioneering
The Supreme Court on Monday stayed the Kerala high court order rejecting NCP leader Mohammed Faizal's petition seeking suspension of his conviction in an attempt to murder case, an order which may lead to revocation of his disqualification as Lok Sabha MP for a second time.
The apex court's order came hours after the high court extended Chidambaram's protection from arrest in the ED case from March 20 to March 22.
The Delhi high court on Wednesday agreed with the contention of Akasa Air that the DGCA is not completely barred from taking action against pilots who violate the terms of their employment agreements. However, the court did not grant any immediate relief to Akasa Air which sought direction to the DGCA and Union Ministry of Civil Aviation to take action against its pilots who have resigned without serving the notice period, saying it will first decide the issue of jurisdiction raised by the aviation sector regulator. Justice Manmeet Pritam Singh Arora said since the Directorate General of Aviation (DGCA) has contended it has no jurisdiction to consider a representation made by the airline against the defaulting pilots under the extant law as it was a contractual dispute, the court will have to first decide the issue of jurisdiction before passing any other direction.
'The Tamil Nadu government should ask Andhra Pradesh to speed up the investigation.'
R K Pachauri, who is facing sexual harassment allegations, moved a city court seeking permission to travel abroad to attend a global water summit in Greece from April 26 to 29.
The ED had arrested Kejriwal on March 21, hours after the high court refused to grant him protection from coercive action by the federal anti-money laundering agency.
The Supreme Court on Friday directed the Manipur government to apprise the apex court-appointed committee of the steps taken to secure places of public worship in the state where ethnic clashes have claimed more than 170 lives since May.
A bench headed by Chief Justice of India DY Chandrachud on Friday deferred the hearing on Khera's plea to March 20 after taking note of submissions that senior advocate A M Singhvi, appearing for the Congress leader, was unavailable.
The Supreme Court on Monday agreed to hear on April 14 a plea by the Anjuman Intezamia Masjid committee seeking permission for wazu (ritual ablution) at the Gyanvapi mosque complex in Varanasi during the month of Ramzan.
The ED, which is probing 'illegal' sand mining under the Prevention of Money Laundering Act apprised the court that it is in possession of credible scientific evidence.
With an aim to recover fines from elusive offenders, capital markets regulator Sebi on Thursday introduced a reward system for up to Rs 20 lakh to informants for sharing information about the assets of defaulters. The reward may be granted in two stages -- interim and final. While the interim reward amount will not exceed two and a half per-cent of the reserve price of the asset regarding which tips was provided or Rs 5 lakh, whichever is less and the final reward amount will not exceed 10 per cent of the dues recovered or Rs 20 lakh, whichever is less.
The second edition of the Women's Premier League, beginning in Bengaluru on Friday with a high-profile match between defending champions Mumbai Indians and runners-up Delhi Capitals, will be optimistic about meeting its existential purpose of giving a wider platform to promising home-grown talents.
The Delhi police on Tuesday arrested two persons including NewsClick founder Prabir Purkayastha in connection with a probe in the portal's foreign funding, officials said.
Actor Kangana Ranaut and her brother Akshat Ranaut have approached the Bombay high court challenging an FIR lodged against them by the Mumbai police for alleged copyright infringement and cheating in connection with a film project.
Senior Indian Police Service officer Sunil Paraskar, who has been accused of rape by a city-based model, on Friday filed an anticipatory bail application before the sessions court on which granted him interim protection from arrest till July 31.
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