Lieutenant General Avadesh Prakash, former military secretary who is facing court martial in the Sukna land scam, is likely to approach the Armed Forces Tribunal against the disciplinary action initiated against him by the army.
A special tribunal has issued notices to the Students Islamic Movement of India, its chief Safdar Nagori and two other functionaries of the banned outfit, asking them to explain why the organisation and its activities should not be declared 'unlawful'. A single-member tribunal headed by Justice Sanjiv Khanna of the Delhi high court has asked SIMI, its president Safdar Nagori, finance secretary Imran Ansari and president of the outfit's Madhya Pradesh zone.
With the Armed Forces Tribunal indicting a top officer for falsifying Kargil war reports and showing bias towards a brigadier, the army said it will take action on the issue after analysing the verdict.
Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank have reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns and operates coffee chain Cafe Coffee Day. Counsel representing CDGL and IndusInd bank on Wednesday informed the Chennai bench of National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw insolvency litigations. A two-member bench comprising Justice M Venugopal and Shreesha Merla took their submissions on record and set aside the order admitting CDGL to insolvency.
The Armed Forces Tribunal has given a go-ahead for court martial against a former Major General who was allegedly caught on-camera taking bribe in the 2001 Tehelka sting operation and pulled up the Army for delaying the matter for so long.
The department found various expatriates were acting as business heads for Indian operations and certain employees were actively involved in concluding sales for the foreign entities of GE in India.
The Securities Appellate Tribunal (SAT) on Thursday quashed a Sebi order that barred NDTV founders Prannoy Roy and Radhika Roy from the securities market for two years in an insider trading case. However, the appellate tribunal partly set aside an order against Vikramaditya Chandra, the group's chief executive officer during the relevant period, and remitted the matter back to Sebi to decide the issue. It further said that trades executed by Chandra during PSI-3 (price-sensitive information) are required to be reconsidered, according to the order passed by SAT.
The bill must answer categorically as to whether or not it would be able to stop another industrial disaster. The usefulness of any such bill lies in its affirmative response.
The Supreme Court on Wednesday asked the Jalan-Kalrock consortium, the new owners of cash-strapped Jet Airways, how much have they paid towards dues on account of provident fund and gratuity to the former employees of the troubled airline. The top court made the query while commencing the hearing on a batch of petitions, including the one filed by the Jet Aircraft Maintenance Engineers Welfare Association, against the October 21, 2022 order of the insolvency appellate tribunal NCLAT.
The Armed Forces Tribunal has pulled up Gen V K Singh for "showing favour" and "without jurisdiction" reviewing a central government order to promote a Brigadier belonging to his unit to the rank of Major General in October 2011 when he was the Army chief.
Cash-strapped edtech firm Byju's is likely to pay its employees the April salaries this week, according to sources. The company is grappling with the issue of delays in paying salaries to employees. "There has been a delay in salary. It is expected to be now paid sometime this week," said a person.
The National Green Tribunal has stayed ban on diesel car for two weeks.
A special Bangladeshi tribunal on Monday summoned a Jamaat-e-Islami leader and a "key collaborator" of the then Pakistani junta on charges of committing crimes against humanity during the 1971 Liberation War.
Zee Entertainment Enterprises Ltd (ZEEL) is seeking rapprochement with Sony Group as it makes a last-ditch effort to resurrect a $10 billion merger, according to industry sources. After the Japanese multinational firm pulled the plug on its $10 billion merger deal in January, the Indian company reached out again to Sony to reconsider the termination and offered for talks this month, a source said. On the other hand, Sony is understood to be evaluating the proposal from Zee.
India has told an international tribunal that the case of two Italian marines, accused of killing two Indian fishermen off Kerala's coast, comes under its jurisdiction and Italy's contentions in this regard were "misleading".
Quoting Greek philosopher Socrates, Justice Bopanna emphasised that there are four qualities that are expected of a judge -- to hear courteously, to consider soberly, to answer wisely and to decide impartially.
Cellular operators on Monday moved Telecom Dispute Settlement and Appellate Tribunal against limited mobility operators accusing them of violating licence conditions and judicial orders of the tribunal.
Khan will remain in jail as he is convicted in many other cases.
Justice Geeta Mittal, a Delhi High Court judge who is heading the tribunal, said the government cannot extend the ban on the basis of earlier records against the organisation. "What precluded the government from stating the facts? You have to satisfy the tribunal about the sufficiency of the reason behind issuing a fresh notification (on the ban)," Justice Mittal said.
Disney Star is mulling legal actions against Zee Entertainment for backing out from a $1.4 billion sub-licensing agreement for TV broadcast of international cricket matches in India, according to industry sources. This could brew another legal trouble for Zee Entertainment Enterprises Ltd (ZEEL), which is already facing an arbitration plea by Sony Group at the Singapore International Arbitration Centre, claiming $90 million for breach of conditions of their merger agreement. Disney Star, an Indian subsidiary of media conglomerate The Walt Disney Company, is working on its strategy over the development, said industry sources.
This will be the second tribunal on sharing of the Krishna waters; the earlier one was set up in 1969.
Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.
Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?
Sebi, in its first-of-its-kind disgorgement order passed at the end of November last year, had asked the two depositories and 10 entities to pay Rs 115.81 crore (Rs 1.15 billion).
On Thursday, the bench, after perusing the plea copy, noted that Wankhede had approached the Central Administrative Tribunal, too, against the notices issued to him by the NCB.
The former Uttar Pradesh chief minister is scheduled to attend a meeting of PDA "Picchda (backward classes), Dalit and Alpsankhyak (minorities)" at the party office in Lucknow and has no plans to go anywhere till now
Pakistan's suspended trio of Salman Butt, Mohammad Asif and Muhammad Amir on Friday recording their statements to the anti-corruption tribunal of the International Cricket Council in Doha.
The chairman of a special Bangladeshi tribunal trying high-profile 1971 "war criminals" resigned on Tuesday following a controversy over his reported Skype conversation with an expatriate war crimes expert.
Trai contends that the issue does not come under the tribunal's jurisdiction.
The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
Arjun Mohan, CEO of India operations of Think and Learn, which owns Byju's brand, has resigned from the beleaguered firm, which on Monday also announced a business rejig consolidating its operations into three verticals. Mohan had joined Byju's in July last year as the CEO for international business after quitting rival UpGrad in February as CEO. Later, he was given charge of India operations in September after Byju's then CEO Mrinal Mohit resigned. After taking over the charge, Mohan undertook restructuring of the organisation which led to layoffs of around 4,000 employees at Byju's.
The tribunal called team coach Bob Woolmer, trainer Murray Stevenson and physiotherapist Darren Lifsun to record statements on November 1, after which it will finalise its findings.
Kolkata Knight Riders pacer Pradeep Sangwan was slapped with an 18-month ban from cricket after being found guilty of consuming a banned anabolic steroid by the BCCI's Anti-Doping Tribunal.
Aviation Working Group (AWG), a global aviation leasing body comprising major planemakers and lessors, on Monday further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands as a prominent expense for Indian airlines. With AWG's downgrade, it is likely that lessors will increase the aircraft leasing rates for Indian carriers.
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 Delhi high court (HC) division Bench on Thursday sought a response from Reliance Industries (RIL) and others regarding the government's appeal against the Mukesh Ambani-owned conglomerate and others for fraudulently and unjustly enriching themselves by draining gas from their deposits, amounting to over $1.5 billion. The Centre had appealed against the single-judge Bench order of the Delhi HC on May 9, which had dismissed its petition. Justice Anup Jairam Bhambhani had upheld the international arbitration award of July 24, 2018, in favour of the RIL-led consortium. The consortium includes UK-based BP Plc and Niko Resources of Canada.
Amid disputes between states over water-sharing, Karnataka on Friday demanded setting up of a permanent water dispute tribunal in the Supreme Court and revisiting the Inter State Water Disputes Act to remove "loose ends" in the legislation.
'Despite the animosity shown by some of the investors in pursuing uncalled for legal actions, we continue to show good faith towards all our shareholders.'
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