The ruling was made by the Securities Appellate Tribunal, an independent quasi-judicial body that rules on appeals against orders passed by the Sebi.
Nirav Modi, wanted in connection with the estimated $2-billion Punjab National Bank (PNB) scam case, was further remanded in custody on Tuesday by a court in London hearing India's extradition request for the diamond merchant. The 49-year-old appeared on Tuesday via videolink from Wandsworth Prison in south-west London, dressed in a maroon sweater and sporting a full beard, for his regular 28-day "call-over hearing" at Westminster Magistrates' Court, where Chief Magistrate Emma Arbuthnot extended his remand for another 28 days until December 29.
The ED was probing the allegation that Hussain and his linked persons laundered about Rs 1.10 crore by using purported shell or dummy companies to fuel protests against the Citizenship Amendment Act (CAA) and the riots.
"Go to the Supreme Court," said the bench to NGO Anti Corruption Council of India, which had said publication of allegations against the CJI directly hit the Indian judicial system.
All India Anna Dravida Munnetra Kazhagam (AIADMK) interim general secretary Edappadi K Palaniswami (EPS) and ousted party leader O Panneerselvam on Tuesday moved the Madras high court against the sealing of the party headquarters by the Tamil Nadu government following violence there on July 11.
The top court said that the medical examination of Raju be videographed and report be sent in sealed cover to the top court.
The Madras high court on Friday set aside an order of the regional passport authority in Chennai impounding the passport of Leena Manimekalai, author, lyricist and film-maker.
Taking a cue from judicial precedent of Gujarat's Godhra riots cases, a Delhi court on Tuesday ordered separation of trial of accused on the ground of their faith in a murder of a 24-year-old man during the north-east Delhi communal riots, saying there was an "assortment" of undertrials and one trial would prejudice their defence as they belong to Hindu and Muslim religions.
The apex court had on July 11 sought a report on the mediation process and said that a day-to-day hearing might commence from July 25 if the court decides to conclude the mediation proceedings.
Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.
'Jack', 'John' and 'Alpha' were among the National Investigation Agency's protected witnesses who helped nail banned Jammu and Kashmir Liberation Front chief Yasin Malik.
Justice Anup J Bhambhani, who conducted the hearing through video conferencing, said there was an evident haste shown by the NIA in moving pleas across Mumbai and Delhi over weekends and Gazetted holidays (Eid) and obtaining orders by e-mail, and 'whisking away' Navlakha to Mumbai, which has rendered these proceedings infructuous.
District and Sessions Judge Dharmesh Sharma held that the objections of the complainant party read like an engrossing thrilling story but were based on mere surmises and conjectures.
Aryan Khan was arrested on October 3. He is currently in judicial custody and lodged at the Arthur Road prison in Mumbai.
Commissions of inquiry are potentially powerful instruments to fix responsibility on public functionaries, but everything possible has been done to blunt this instrument, says Dr Madhav Godbole, retired Union home secretary.
Gandhi has given an adjournment notice in the Lok Sabha for discussing the SIT report in a case of violence in Lakhimpur Kheri
A total of 4,984 cases are pending against Members of Parliament and Members of Legislative Assembly/Council out of which 1,899 cases are more than five years old, the Supreme Court was told on Thursday.
The reasons for the snail's pace at which the commission is proceeding are linked both to the government's indifference to it as well as the indifference of the parties appearing before it.
The Supreme Court on Friday annulled the Calcutta high court's June 9 order refusing to take on record the reply-affidavits of West Bengal, Chief Minister Mamata Banerjee and state Law Minister Moloy Ghatak on their role on the day of arrest of four Trinamool Congress leaders on May 17 by the Central Bureau of Investigation in Narada scam case.
In a reprieve for Bharatiya Janata Party leader Tajinder Pal Singh Bagga, the Punjab and Haryana high court on Tuesday ordered the continuation of the interim protection against arrest granted to him till July 6 in a case of allegedly making provocative statements, promoting enmity and criminal intimidation.
The spokesperson, however, was not forthcoming about since when Chinmayanand has ceased to be the member of the BJP.
"Justice must not only be done, but also be seen to be done," the Supreme Court observed on Wednesday while declining the Centre's plea to allow it to appoint an expert committee to probe the allegations of use of spyware Pegasus for surveillance of certain people in India.
'As CIC, you have the power to comment on policy matters. 'If you have very strong beliefs and you know your rulings will be reported, you will express your beliefs.'
Where Ms Chawla seems to have erred is that she has not been able to build the desired credibility required to champion the cause she took to court.
A special court in Mumbai on Wednesday reserved till Thursday its order on the bail pleas of former Maharashtra home minister Anil Deshmukh and state minister Nawab Malik seeking the one-day relief to cast their votes in the June 10 Rajya Sabha elections.
The PM said that the Supreme Court has conducted the highest number of hearings via video-conferencing in the world during the coronavirus pandemic.
The teacher was kidnapped and murdered on October 8, while her body was exhumed from a school playground on October 19. Two people, including the prime accused, were arrested.
A bench headed by Chief Justice Uday Umesh Lalit directed Kappan to remain in Delhi for the next six weeks after the release from an Uttar Pradesh prison.
Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.
The decision was taken on October 3.
The Supreme Court sought the Centre's response on Friday to a plea filed before it challenging the validity of certain provisions of a 1991 law, which prohibit the filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947.
Zubair was arrested by the Delhi Police on June 27 for allegedly hurting religious sentiments through one of his tweets.
The central government, in its typical sledgehammer style, has unleashed the might of its investigative agencies like the Enforcement Directorate against NCP and Shiv Sena leaders.
A bench headed by Chief Justice N V Ramana also appointed the Inspector General of the National Investigation Agency, Director General of Police of Chandigarh, the Registrar General of the Punjab and Haryana high court and the Additional DGP (Security) of Punjab as members to the Justice Malhotra panel.
The plea was filed by advocate Chaitanya Rohilla who stated that WhatsApp changed its privacy policy in "most arbitrary manner" and had made it compulsory for its users to accept its terms and conditions, failing which the accounts and services would be terminated after February 8, 2021 for the respective user.
The CJI is expected to write to the President and the Prime Minister soon about his recommendation.
The top court, which had earlier fixed August 31 as the deadline for completion of proceedings including pronouncement of the verdict, took note of the report filed by special judge S K Yadav in the high-profile case.
As the feud continues between Zee and Invesco, appellate body NCLAT on Thursday directed the National Company Law Tribunal (NCLT) to give reasonable opportunity to the media major to reply to Invesco's plea for holding a meeting of shareholders, and also remarked that the tribunal made an "error" by not providing sufficient response time. With the order capping a day of fast legal developments at the NCLAT as well as the NCLT within a span of a little over an hour, the spat between Zee Entertainment Enterprises Ltd (ZEEL) and minority shareholder Invesco will now come up for hearing before the NCLT on Friday. Invesco is seeking the ouster of ZEEL MD and CEO Punit Goenka and appointment of six new directors on its board.
The Supreme Court on Wednesday directed a full-fledged probe into the collusion of Tihar jail officials with Unitech's imprisoned ex-promoters Sanjay and Ajay Chandra, based on Delhi police commissioner Rakesh Asthana's report filed in a sealed cover.
In her judgment handed down at the Royal Courts of Justice in London, Justice Ingrid Simler concluded there were "substantial grounds" to believe that Modi would fail to surrender as he does possess the means to "abscond".
