The Supreme Court of India has expressed strong dissatisfaction with a recent judgment from a single judge bench of the Delhi High Court in the high-profile arbitration case involving media tycoon Kalanithi Maran and SpiceJet. The apex court criticized the Delhi High Court's handling of the case, labeling the judgment as "atrocious" and lacking in thoughtful analysis.
Read More »“Supreme Court Orders New Jet Airways Owners: Deposit ₹150 Crore by January 31”
In a crucial development for the revival of the cash-strapped Jet Airways, the Supreme Court has issued a directive to the Jalan-Kalrock consortium, the new owners, to deposit ₹150 crore in the State Bank of India's escrow account by January 31. The court emphasized that failure to comply with this deadline would indicate a breach of the terms outlined in the resolution plan for the airline's revival.
Read More »Supreme Court Seeks Government’s Action Plan for Railway Safety Measures After Odisha Train Tragedy
The Supreme Court has engaged in a detailed discussion concerning railway safety measures, specifically focusing on the enforcement of the 'Railway Accidents Protective' initiatives to prevent mishaps, in the wake of a tragic train accident in Odisha claiming the lives of 293 individuals and injuring over 1,000.
Read More »“Supreme Court Delays Google’s Appeal Against CCI’s Rs 1,338 Crore Penalty to January 2024”
The Supreme Court has postponed the hearing of Google's appeal against the Competition Commission of India's (CCI) Rs 1,338 crore penalty for anti-trust violations to January 2024. The case centers around Google's alleged abuse of dominance in the Android mobile device ecosystem.
Read More »“SEBI Accused of Withholding Information and Delaying Action in Adani Stock Manipulation Probe”
The ongoing Adani-Hindenburg controversy has taken a new twist as a petitioner involved in the case has alleged that the Securities and Exchange Board of India (SEBI) withheld crucial information from the Supreme Court and failed to act promptly on Directorate of Revenue Intelligence (DRI) alerts related to alleged stock manipulation by Adani companies.
Read More »Adani-Hindenburg row: SC to hear pleas on ‘conspiracy that tarnished India’
Adani-Hindenburg case: PILs, or public interest litigations, have been filed by two advocates and will be heard by the top court.The Supreme Court will on Friday hear two public interest litigations (PILs) seeking a court-monitored probe into short-seller Hindenburg Research’s ‘conspiracy’ against the Adani Group. The PILs – filed by advocates ML Sharma …
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