Banerjee, the 34-year-old nephew of West Bengal Chief Minister Mamata Banerjee, is stated to have sent an email to the investigating officer of the case citing some personal reasons for his non-appearance.
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines. At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK. While the banks argued a right to waive their security over the Indian assets involved in the case in order to recover their debt in the UK, lawyers for the 65-year-old businessman argued that the funds in question involved public money held by state-owned banks in India which precluded them from such a security waiver.
on Thursday adjourned sine die, ending the four-week-long second leg of the Budget session, during which treasury and opposition members locked horns over Rahul Gandhi's 'democracy' remark and the Adani issue.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
Formula One boss Bernie Ecclestone said he would fight a $400 million damages claim that German bank BayernLB is planning to file in London over the sale of the motor racing business in 2005.
Fighting for an Olympic ticket on the unfamiliar legal turf, Sushil Kumar's glorious wrestling career may meet an unceremonious end when the Delhi High Court pronounces its verdict on Monday on who gets to board the flight to Rio between him and Narsingh Yadav. An unfavourable verdict for Sushil may not be the end on the legal front as he can still challenge the ruling in the Supreme Court. But it could well signal the end of the road for perhaps the greatest Indian Olympian, who won two back-to-back medals. With less than two months left for the Olympics, starting August 5, future look bleak for the unassuming grappler from Haryana whose injuries played a part in the entire sequence of events leading up to Monday. The Delhi High Court, in its last hearing on Thursday, gave clear indications that it was likely to give a judgement in favour of the Wrestling Federation of India (WFI) in the tiff over selection trials in the men's 74kg freestyle category. The Delhi High court had observed that it did not find "any statutory mandate" to hold trials before the Olympics.
Commonwealth Games Organising Committee official M Jayachandran, arrested for alleged financial bungling in holding the Queen Baton's Relay (QBR) in London in 2009, was granted bail by the Delhi high court on Wednesday. Justice Hima Kohli granted bail to Jayachandran, a key aide of Commonwealth Games Organising Committee chairman Suresh Kalmadi following the CBI's failure to wind up the probe and file the charge sheet in the case within the stipulated 60-day period.
Lalit Modi's cup of woes seems to be overflowing. The axed IPL Commissioner lost a libel case to former New Zealand cricketer Chris Cairns on Monday and will have to pay 90,000 pounds (app Rs 73 lakh) in damages to the all-rounder.
The Shahbaz Sharif family (his two wives and their children) invested PkRs 277 crore in 13 companies without having known sources of income.
Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.
Hockey India (HI) has lifted the nine-month ban on Gurbaj Singh with immediate effect in the wake of Punjab and Haryana High Court's order that termed the suspension of the senior player "illegal".
The five-day extradition trial of fugitive diamond merchant Nirav Modi will begin from May 11 in a part-remote setting, a UK court has ordered. Modi is fighting his extradition to India over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
The troubled Lotus Formula One team were locked out of their paddock hospitality at the Japanese Grand Prix on Thursday while freight, including engines, was also held up by payment problems.
In a libel case filed in the high court in London, Captain Ashvini Kumar Sharma said the 'grossly defamatory and fundamentally false' front-page article in the Evening Standard headlined Sex shame of Airline Chief 'damaged both his reputation and health'.
'Our lawyers expect to present argument in the case on Monday and they (the lawyers) will deal with the matter accordingly'
Chelsea skipper John Terry, whose personal troubles made newspaper headlines on Saturday, ensured he would also dominate the back pages when he headed Chelsea's late winner in a 2-1 Premier League success at Burnley.
The apex court directed Mallya, who is currently in the United Kingdom, to appear before it on July 10 to argue on the quantum of punishment in the matter.
The Delhi high court on Wednesday in an interim order restrained Dabhol Power Company from going ahead with the arbitration proceedings against the Government of India in London.
The Delhi HC had issued a notice to the Wrestling Federation of India and the Centre in reply to the plea by wrestler Sushil Kumar over his selection battle with Narsingh Yadav for the Rio Olympics.
Australia's Matthew Ebden and Max Purcell prevented the Croatian duo of Mate Pavic and Nikola Mektic from winning back-to-back men's doubles titles at Wimbledon with a 7-6(5), 6-7(3), 4-6, 6-4, 7-6(10-2) victory in the final on Saturday.
Mallya is separately fighting extradition to India on fraud and money laundering charges worth an estimated Rs 9,000 crore
Former chief national wrestling coach Vinod Kumar expressed relief and contentment over Delhi High Court's directive to the Centre to confer him with the Dronacharya award.
The fresh round of cancellation process of the 4,470 NGOs started on May 6.
The Canadian police have arrested two persons and charged them with first-degree murder in the targeted shooting of Ripudaman Singh Malik, the Sikh man acquitted in the tragic 1985 Air India Kanishka terrorist bombing case that killed 331 people.
An Indian-origin British businessman accused of plotting the murder of his Indo-Swedish wife on their honeymoon, faces extradition to South Africa within four weeks after he lost his last legal battle to block the move.
Union minister for law and justice M Veerappa Moily said India was committed to opening its legal sector to foreign law companies as agreed under the World Trade Organization negotiations, but would tread cautiously on this decision. At the same time, the country would not do anything that undermined the autonomy of the Bar Council of India, he added.
He, however, seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the NCLT to recover Rs 1,200 crore.
It had declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he had failed to appear despite repeated summonses.
With American men's tennis experiencing lean times compared to the days of Agassi, Pete Sampras, Jim Courier and before that Jimmy Connors and John McEnroe, the Las Vegan's brainpower would be sought after in the locker room and practice courts.
Formula One team Force India has been slapped with a heavy euro 1,074,730 fine by the Queen's Bench Division in the High Court of Justice in London over a fee dispute with Italian company Aerolab.
Al Fayed says he is "certain" Diana and Dodi were murdered.
The Delhi High Court on Wednesday sought response of the Centre on the plea of Greenpeace activist Priya Pillai against her "offloading" from a flight to London at the Delhi airport.
A Mumbai court on Wednesday rejected the bail plea of businessman Raj Kundra, arrested in a case of alleged creation of pornographic films and publishing them through apps, after the prosecution contended the police investigation was still on and his release at this juncture will derail the probe.
The Centre on Monday told the Supreme Court that it is taking all measures to extradite fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines from United Kingdom, but the process is being delayed due o some legal issues involved in the matter. A bench of Justices U U Lalit and Ashok Bhushan posted the matter for further hearing on March 15, after Solicitor General Tushar Mehta sought some time to file report on the status of extradition of Mallya. At the outset, Mehta shared a letter of the ministry of external affairs' official Devesh Uttam written to him on the status of extradition of Mallya from the United Kingdom.
His backhand blocks and forehand low returns reaped dividends but an alert Gemke managed to grab a four-point cushion at the interval.
Satish Gujral, renowned for his versatility across different mediums, died on Thursday night. He was 94.
The Kerala High Court on Friday directed the central government to ensure participation of P U Chitra in the World Athletics Championships in London next month.
While Sharif and his daughter, Maryam, have been sent to jail on corruption charges, a designated terrorist, Saeed, is not only free but actively seeks votes for the elections while targeting India and the United States.
