The Supreme Court kept in abeyance the disqualification proceedings before the Deputy Speaker of the Maharashtra Assembly till July 11 and sought responses to pleas by rebel MLAs questioning the legality of notices seeking their disqualification.
Officials said the notice was issued by the taxman in January this year after the special audit of AVL's income for the Assessment Year 2012-13.
'Parminder Kaur was having liquor near the sarovar of Gurdwara Dukhniwarn Sahib. When the sangat noticed this, they decided to take her to the manager's office. However, one person, Nirmaljeet Singh Saini, present there shot her in a fit of anger'
Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.
Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The police have registered a case against a woman and three others after she allegedly levelled a "fabricated" gang-rape charge in an attempt to grab property.
The notice, the sources said, was issued on Tuesday to Anita Singhvi and that she was asked to explain how much she had paid in cash and through cheque to purchase the valuables and jewellery a few years back. It is understood that the I-T feels that about Rs 1.5 crore was paid by cheque for the purchase of the jewellery, while about Rs 4.8 crore was paid in cash by Anita Singhvi.
If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.
The Economic Offences Wing (EOW) of Mumbai police has registered a case against Shiv Sena (UBT) legislator Ravindra Waikar and five others in connection with the construction of a luxury hotel in a western suburb, an official said on Friday.
The I-T department also attached 34 bank accounts and fixed deposits, valued at Rs 1.45 crore, of the Gitanjali group.
The Delhi Commission for Women (DCW) has issued a notice to the Ghaziabad police in connection with the brutal gang-rape of a 38-year-old woman recently, with the panel chief saying the attack reminded her of the Nirbhaya case.
Insolvency tribunal NCLT on Wednesday rejected Go First lessors' petitions to take back the planes leased to the grounded airline, and said the aircraft are available for resumption of operations since aviation regulator DGCA has not deregistered them. A two-member bench of the National Company Law Tribunal (NCLT) held that physical possession of the aircraft/engines would be "indisputably" with Go First and lessors cannot claim possession during the Corporate Insolvency Resolution Process (CIRP) of the carrier. According to the tribunal, aircraft and its engines are the sole essence of Go First's business and if taken away, it would result in its "corporate death" leaving no scope for its resolution.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
Such investments come with their own share of risks and buyers may need to hold on for at least 5 to 10 years.
The Supreme Court on Friday dismissed a plea by beleaguered businessman Vijay Mallya challenging the proceedings in a Mumbai court to declare him a fugitive economic offender and confiscate his properties. The apex court dismissed the petition for non-prosecution after the counsel representing Mallya submitted that he was not getting any instructions from the petitioner in the matter. "The counsel for petitioner states that the petitioner is not giving any instructions to the advocate for the petitioner.
Naik, the founder of proscribed Islamic Research Foundation, has been asked to appear before the anti-terror agency at its headquarters in Delhi on March 14
Despite multiple headwinds at the start of 2023, the Indian markets delivered a strong performance, posting 19-20 per cent growth for the year. Even as new records were set, investor sentiment remains strong going into 2024, given the lower inflation, expectations of steady to lower interest rates, higher economic growth, and strong inflows. However, the overriding concern for most brokerages is valuations.
The drug is licensed to Ranbaxy Laboratories from Cipher Pharmaceuticals Inc of Mississauga, Ontario. It is currently protected by two issued patents listed in the FDA's approved drug products list, which expire in September 2021, the company said in a statement.
The Supreme Court on Friday said it will hear after Dussehra vacation the pleas filed by Muslim body Jamiat Ulama-i-Hind and others seeking directions to various state governments to ensure no further demolition of properties of the accused in rioting cases is carried out.
The Delhi high court on Wednesday asked the Centre and the Delhi government to present their stand on a plea seeking recall of all currency notes above Rs 100, restricting cash transactions above Rs 10,000 and linking assets worth more than Rs 50,000 with Aadhaar to check corruption.
The bench also made it clear that only the court-appointed forensic auditors -- Ravi Bhatia and Pawan Kumar Aggarwal -- and persons authorised by them would enter these premises after they were sealed.
Often during the day or night, there is intermittent firing where these groups are taking shots at these quadcopters, available freely in the market, the officials said.
In a relief to thousands of people facing imminent threat of demolition of their houses in winter, the Supreme Court on Thursday stayed the Uttarakhand high court order for removal of encroachments from 29 acres of land claimed by the railways in Haldwani, terming it a 'human issue' and saying 50,000 people cannot be uprooted overnight.
Pakistan's former prime minister Imran Khan, who was arrested by paramilitary Rangers on Tuesday, is facing 121 cases across the country, including for committing treason and blasphemy and inciting violence and terrorism.
A division bench comprising Justice Miangul Hassan Aurangzeb and Justice Saman Rafat Imtiaz heard the Al Qadir trust corruption case, a day after the Supreme Court termed Khan's arrest from the IHC premises on Tuesday as 'invalid and unlawful'.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
The Kerala high court on Friday took suo motu case against radical Islamic outfit Popular Front of India (PFI) and its state general secretary over declaring hartal in the southern state on Friday.
Senior advocate Harish Salve, appearing for petitioner Veera Sarin, said that Emergency was a "fraud" and the "greatest assault" on the Constitution as rights were suspended for months.
Proprietors Yadgar Marker and his daughter Phiroza launched a "Save India Club" appeal as they fought to keep it going but have now announced its impending closure.
Sharma sent an email to the police station expressing her inability to appear before it on Monday, the police officer stated.
It also said that 44 establishments were found running without a valid health trade license and also without a no-objection certificate from the fire department.
The top court said the secretary may collate necessary information by corresponding directly with the secretary of the home department of respective states and UTs within three weeks and compile it state-wise.
Panic-stricken people rushed out of buildings as the earthquake struck around 10.20 pm and was also felt in Jammu and Kashmir, Haryana, Punjab and Rajasthan.
Failure to disclose any income can lead to penalties and legal issues.
The apex court issued notice to the Centre on the plea seeking re-examination of its verdict which upheld the ED's powers relating to arrest, attachment of property involved in money laundering, search, and seizure under the PMLA.
Pakistan's Interior Minister Rana Sanaullah on Tuesday said that former prime minister Imran Khan was arrested for causing loss to the national treasury in a corruption case.
Khan will be presented before the accountability court on Wednesday, a NAB source was quoted as saying by the Dawn newspaper.
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.
The wife of alleged conman Kiran Patel, who was held in Jammu and Kashmir for posing as a top official in the Prime Minister's Office (PMO), was arrested on Tuesday for trying to usurp a senior citizen's bungalow in Ahmedabad, officials said.
