Tag Archives: supreme court

“Supreme Court Deems Delhi High Court’s SpiceJet vs. Kalanithi Maran Ruling ‘Atrocious'”

Supreme Court Criticizes Delhi High Court Judgment in SpiceJet vs. Kalanithi Maran Case

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.

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“Supreme Court Orders New Jet Airways Owners: Deposit ₹150 Crore by January 31”

Supreme Court Directs Jalan-Kalrock Consortium to Deposit ₹150 Crore by January 31 for Jet Airways Revival

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.

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“SEBI Accused of Withholding Information and Delaying Action in Adani Stock Manipulation Probe”

SEBI Accused of Suppressing Facts and Delaying DRI Information 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.

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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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