The Delhi High Court ruled on the issue of audit findings under Section 99A of the Customs Act, stating that a final report containing audit findings can only be drawn after…
26/11/20241 min read
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The Delhi High Court ruled on the issue of audit findings under Section 99A of the Customs Act, stating that a final report containing audit findings can only be drawn after…
The Allahabad High Court ruled that the Greater Noida Authority must regularize the employment of workers who were engaged under industrial disputes but had not been made…
The Supreme Court dismissed pleas to revive bribery and money laundering cases against former MLA KM Shaji, ruling that reopening these cases would set a dangerous precedent. The…
The Andhra Pradesh High Court issued a ruling addressing the issue of social media bullies targeting critics of the government. The Court directed the authorities to take strict…
The Karnataka High Court granted bail to actor Darshan Thoogudeepa in a case involving the murder of Renukaswamy. The Court considered the circumstances of the case, including the…
The Gujarat High Court ruled on the issue of reservation for persons with disabilities in government jobs. The Court directed the Gujarat government to ensure that vacancies for…
The Delhi High Court ruled on a case concerning the limitation period for filing a fresh application under Section 34 3 of the Arbitration Act. The Court held that liberty to file…
The Supreme Court ruled that a subsequent purchaser must make due inquiries to claim protection as a bona fide purchaser under Section 19B of the Specific Relief Act. The Court…
The Supreme Court clarified that a sale certificate issued after a court auction is not compulsorily registrable, and the auction purchaser need not deposit stamp duty for…
The Supreme Court expressed concern over the increasing use of criminal law against men after the breakdown of consensual relationships. In a recent ruling, the Court noted that…
Indrani Mukerjea, accused in the high-profile Sheena Bora murder case, approached the Supreme Court seeking permission to travel abroad. Her application stems from restrictions…
The Supreme Court has stayed the trial in the Rabia Saifi murder case following a plea filed by the victim’s father seeking a CBI investigation. Rabia, a Delhi Civil Defense…
The Supreme Court has suspended the sentences of two convicts in the 2003 murder case of Ram Avatar Jaggi, an NCP leader from Chhattisgarh. The court granted bail to the two…
The Supreme Court has sought data from the Union and State Governments regarding vacancies in Central and State Information Commissions. These commissions are responsible for…
The Supreme Court has reserved its judgment on a public interest litigation PIL seeking basic sanitation facilities, including sanitized toilets, in court premises across India.…
The Patna High Court ruled that time served on duty is immaterial if the appointment was not conducted per legal requirements. This decision underscores the importance of…
The Supreme Court dismissed as withdrawn petitions challenging the disqualification of Sikkim Chief Minister Prem Singh Tamang. The plea was filed by functionaries of the Sikkim…
A Delhi court has strongly criticized the conduct of an Enforcement Directorate ED counsel in a money laundering case, calling out the unprofessional behavior displayed during…
The Ahmedabad Sessions Court granted anticipatory bail to journalist Mahesh Langa in a case involving alleged GST fraud. Langa, a correspondent for The Hindu, was accused of…
A Kolkata court has stayed the suspension of a school teacher who reacted angrily to a Facebook post criticizing the school’s activities. The teacher was reportedly suspended for…
The National Consumer Disputes Redressal Commission NCDRC ruled that insured individuals are obligated to disclose all material facts while purchasing an insurance policy. The…
Deepinder Goyal, CEO of Zomato, now holds equity valued at over ₹10,000 crore following the company’s recent market performance. This valuation comes as Zomato’s shares surged,…
In a key ruling, the Maharashtra Real Estate Regulatory Authority MahaRERA directed Godrej Properties to refund the booking amount paid by a homebuyer. The buyer had sought a…
The NCDRC held that invoking the "Force Majeure" clause to justify prolonged project delays is unacceptable when such delays stem from avoidable inefficiencies. The case involved…
The National Company Law Appellate Tribunal NCLAT ruled that an application under Section 95 of the Insolvency and Bankruptcy Code IBC cannot be rejected merely because a one-time…
The NCLAT clarified that no portion of a resolution plan submitted under the IBC can be distributed to operational creditors until the plan is formally approved by the…
The NCLAT ruled that a sale certificate issued to a successful bidder in an insolvency case can be canceled if the bid amount is not paid within 90 days. The tribunal reviewed a…
In a ruling by the National Company Law Tribunal NCLT Ahmedabad, the court approved an application under Section 66 of the Companies Act, 2013, for the reduction of share capital…
A Gujarat court has granted anticipatory bail to journalist Mahesh Langa in a cheating case where he was accused of financial misappropriation linked to a personal transaction.…
The NCLAT held that once a resolution plan under the IBC is submitted and approved based on the information memorandum, it cannot be modified by the resolution applicant. The case…
The wife of deceased ADM Naveen Babu has filed a petition in the Kerala High Court seeking a CBI investigation into her husband's alleged unnatural death. The petitioner raised…
The Supreme Court has urged for creative measures to address the issue of unruly behavior by air passengers, referencing incidents such as the Air India urination case. The apex…
RBI Governor Shaktikanta Das stated that India’s economy is well-prepared to handle global financial shocks, thanks to its strong macroeconomic fundamentals and policy measures.…
On November 26, 2024, the Indian stock market experienced volatility, with the BSE Sensex and Nifty indices witnessing fluctuating trends. Key sectors like IT, banking, and…
The Kerala High Court addressed a motor accident claim concerning a minor boy with 100% disability due to paralysis. The court evaluated the notion of notional income for…
NTPC Green Energy, a subsidiary of NTPC Limited, is planning to raise ₹10,000 crore through an initial public offering IPO in November 2024. The IPO aims to fund the company’s…
L&T Finance has partnered with Amazon India to provide loans to the latter’s customers and merchants, focusing on small businesses and individual sellers. The initiative aims to…
LIC has increased its stake in Dabur, an FMCG giant, showcasing its strategic focus on long-term equity investments. The insurance behemoth raised its shareholding from 4.97% to…
Iran has sought India’s technical assistance to be removed from the Financial Action Task Force FATF blacklist. The blacklisting has severely restricted Iran’s access to global…
Indian banks wrote off loans worth ₹1.7 trillion in FY24, according to government data, reflecting ongoing challenges in the financial sector. Loan write-offs are part of banks’…
NeoGrowth, a leading lending platform for SMEs, has secured debt funding from UTI International, marking another milestone in its expansion. The funds will be utilized to enhance…
Apnaklub, India’s B2B wholesale platform, reported impressive revenue of ₹537 crore for FY24, showcasing sound financial performance and sustainable unit economics. The company’s…
YourStory’s daily roundup for November 26, 2024, highlights key developments in India’s startup ecosystem, including funding updates, product launches, and industry trends.…
In its latest update, Cars24 has sold over 2 lakh cars in FY24, with its revenue nearing ₹7,000 crore. The used car platform attributes this growth to its technology-driven…
Social media company ShareChat has reported a significant reduction in its EBITDA losses for FY24, coupled with steady growth in revenue. The company attributes this improvement…
Swiggy has launched several initiatives to support restaurants, including kitchen hygiene audits, professional food photography, and other operational enhancements. These measures…
PhonePe has introduced Edge, an innovative framework designed to process financial data directly on users’ devices, eliminating reliance on cloud storage. The initiative aims to…
The Competition Commission of India CCI has approved Google’s investment in Flipkart, a Walmart-backed e-commerce giant. The deal is expected to enhance Flipkart’s technological…
Temasek, a Singapore-based investment firm, has received approval from the Competition Commission of India CCI for its proposed investment in Rebel Foods, the parent company of…
Direct-to-consumer D2C baby care brand All Things Baby has raised ₹30 crore in funding to expand its omnichannel presence. The funds will be utilized to strengthen the company’s…
The Delhi High Court ruled on the issue of audit findings under Section 99A of the Customs Act, stating that a final report containing audit findings can only be drawn after…
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