Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Thanjavur Schoolgirl Suicide | HC Declines To Quash Abetment Case Against Hostel Warden, Says Religious Conversion Allegations Should've Been Avoided
Update / Judgement Date
18 Dec 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The Delhi High Court quashed the Enforcement Directorate's (ED) denial of a No Objection Certificate (NOC) for Times Internet’s investment in foreign subsidiaries. The ED had rejected the NOC based on concerns related to foreign exchange regulations under FEMA. However, the Court ruled that the rejection was unjustified and directed the ED to issue the NOC. This ruling highlights the Court’s role in ensuring that business and investment activities are not unduly hindered by regulatory overreach, while also adhering to the legal framework governing foreign investments.