Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.
'File all the supporting documents in response to the allegation since there is a possibility of the proceedings getting dropped at that stage if the reply is satisfactory.'
Will Lieutenant Governor Manoj Sinha, who gets his orders from New Delhi, call the shots or allow a democratically elected government to independently govern, questions Ramesh Menon.
When it comes to the Congress and Wayanad, the only way the scepticism in the minds of some in Kerala may be addressed is by the Gandhi family proving that they are more than a passing caravan in town, reports Shyam G Menon.
The judge passed the order after hearing arguments advanced by the prosecution and the defence counsel on Kejriwal's application for regular bail.
A bench of Justices BR Gavai and Abhay S Oka said the governments must ensure that action is taken against erring officials.
In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Additional fees, commissions, or related payments - over and above the amount charged as interest - on these loans will attract GST at 18 per cent, the Central Board of Indirect Taxes and Customs (CBIC) has said.
The students, including members of Bangladesh Scouts, were seen controlling the traffic movement at several places, the Dhaka Tribune newspaper reported.
India's Founding Fathers did not give absolute powers of enforcement to the court. It is most surprising that the Supreme Court has accepted this situation, cleverly designed by the political class to weaken the top court, for all these years without demur, says B S Raghavan.
Observing that students have to labour hard while preparing for these examinations, the apex court said the litigation pertaining to the National Eligibility-cum-Entrance Test (Undergraduate)-2024 examination ought not be treated as adversarial.
Pezeshkian gained the attention of people for his stance against the crackdown on the 2009 pro-democracy protests and the violence perpetrated by the notorious morality police in 2022 after Mahsa Amini's death.
India's judicial authorities have 'no jurisdiction' in the case involving Nikhil Gupta, Czech justice ministry spokesperson Vladimir Repka has said, days after his family approached the Supreme Court seeking its intervention in the matter.
With his three-week temporary bail for poll campaign ending, Aam Aadmi Party convener and Delhi Chief Minister Arvind Kejriwal will be back in Tihar Jail on Sunday as a court here put off till June 5 its order on his plea seeking interim bail on medical grounds.
Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.
Expanding the scope of its hearing in the Patanjali Ayurved case, the Supreme Court on Tuesday took a stern view of misleading advertisements by Fast-Moving Consumer Goods (FMCG) firms and asked three Union ministries to inform it about the steps they have taken to curb the practice which takes 'public for a ride' and adversely affects their health.
The high court said in a habeas corpus case, there is a sense of urgency with which the court has to act as the missing person could be in danger and under such circumstances, the UIDAI can be directed to provide the data forthwith.
'Leave aside the negative fallouts of phraseology like 'urban Naxals' and 'terrorists', both the BJP and the Congress have to re-discover themselves in the context of the 2024 election results, including those of the upcoming ones for Maharashtra and Jharkhand,' observes N Sathiya Moorthy.
Quoting a dialogue on the villain Gabbar Singh from the Hindi blockbuster Sholay, the Supreme Court on Wednesday "confirmed" its earlier order staying the premature release of gangster-turned-politician Arun Gawli who is serving life imprisonment in a murder case.
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