News & Judgements

The Ministry of Corporate Affairs MCA has issued General Circular No. 04/2024, addressing the filing of Forms BEN-2 and MGT-6 amid the migration to the MCA 21 V3 portal from July…

Bank of Baroda has received a tax demand order of Rs 1,067.82 crore for AY 2017-18 under Section 156 of the Income Tax Act, 1961. The bank intends to appeal the order before the…

The implementation of a new tax regime in Tamil Nadu has significantly increased the transport department's earnings by Rs 1,591 crore from January to June this year, compared to…

Nvidia Corp.’s stock rally has lost momentum, prompting Pierre Ferragu of New Street Research to downgrade it from a buy to a neutral rating, citing the stock as “fully valued.”…

BSE-listed JM Financial Ltd will acquire a 48.96% stake in its subsidiary JM Financial Credit Solutions Ltd JMFCSL from INH Mauritius 1 in two tranches, raising its stake from…

Foreign portfolio investors FPIs ended their two-month selling streak, becoming net buyers of Indian equities in June as market stability returned. They invested ₹12,170 crore in…

Vijay Shekhar Sharma, founder and CEO of Paytm, aims to grow the company’s value to $100 billion despite recent setbacks. Following the Reserve Bank of India’s restrictions on…

The Indian Institute of Technology Madras IIT Madras Centre of Excellence in Sports Science and Analytics CESSA will host a ‘Sports Tech Startup Conclave’ in New Delhi on July…

AstraZeneca India is investing $30 million ₹250 crore to expand its Global Innovation and Technology Centre GITC in Chennai, making it the largest Global Capability Centre GCC…

The Lucknow bench of the Allahabad High Court has ordered UP RERA and LDA to respond about actions taken against unregistered real estate projects. The court demanded UP RERA's…

Thrissur-based ESAF Small Finance Bank has faced severe asset quality deterioration since its stock market debut in November 2023. GNPA surged from ₹238 crore 1.65% ratio in…

The Bombay High Court extended Jet Airways founder Naresh Goyal’s interim bail by four weeks on medical grounds. Goyal, who is undergoing cancer treatment and has a scheduled…

The ED, Kolkata Zonal Office, has attached assets worth ₹9.22 crore in the ongoing investigation into M/s. R P Infosystems Ltd. under the PMLA. The probe revealed that ₹114.66…

The Enforcement Directorate ED , Ranchi, has attached ₹4.42 crore worth of properties belonging to Sanjeev Kumar Lal, Reeta Lal, and Jahangir Alam in a money laundering case. This…

On July 5, Rahul Gandhi criticized the BJP-led Centre, highlighting that the family of Agniveer Ajay Kumar, killed in Jammu & Kashmir’s Naushera, has yet to receive government…

The government has decided that the Directorate General of GST Intelligence DGGI must now obtain approval from the Union Ministry of Finance before sending GST demand notices.…

The ED conducted searches under FEMA at Chowgule Group’s offices and residential premises in Goa and Mumbai. Investigations revealed that approximately $228 million was diverted…

The Delhi High Court has notified the CBI regarding Chief Minister Arvind Kejriwal's bail petition in a corruption case linked to the excise policy scam. Justice Neena Bansal…

Nobel laureate Amartya Sen criticized the replacement of the British-era Indian Penal Code IPC with the Bharatiya Nyaya Sanhita BNS , calling it not a 'welcome change' due to the…

Patel Engineering PEL appointed Janky Patel as chairperson and Kavita Shirvaikar as acting managing director after the demise of Rupen Patel. Rahul Agarwal was named acting CFO.…

The US Federal Trade Commission FTC issued warning letters to PC hardware manufacturers ASRock, Gigabyte, and Zotac over warranty policies potentially violating consumer…

Banking, financial, and insurance sectors remain analysts' top picks, with Shriram Finance, SBI Life, ICICI Bank, Axis Bank, HDFC Bank, and IndusInd Bank receiving strong buy…

IndusInd Bank's net advances rose 16% to ₹3,48,107 crore as of June 30, 2024, while deposits grew 15% to ₹3,98,632 crore. The CASA ratio decreased to 36.7%. The bank's Q4 FY24…

Bandhan Bank's board appointed Ratan Kumar Kesh as interim MD and CEO, effective July 10, for three months or until a new MD & CEO assumes office. Kesh, currently the executive…

The Delhi High Court reaffirmed the Institute of Chartered Accountants of India's ICAI regulatory powers over Big Four affiliates, lifting the stay on disciplinary actions. This…

South African banks will discontinue electronic funds transfers EFT with Lesotho, Namibia, and Eswatini by September 2024 due to regulatory changes and compliance issues. Standard…

The Bombay High Court has granted bail to Sukesh Chandrashekhar in a cheating case. Chandrashekhar, accused of impersonating government officials to dupe individuals, sought bail…

The Madhya Pradesh High Court ruled that a woman cannot accuse rape merely because a long-term relationship ended. The court emphasized that sexual relations under a promise of…

Justice PV Sanjay Kumar, in a candid interview, highlighted his judicial approach emphasizing fairness and impartiality. He asserted that he never hears cases involving anyone…

The Delhi High Court ruled that the Institute of Chartered Accountants of India ICAI can proceed against an entire CA firm for misconduct, but not against individual CAs. This…

Dr. Vandana Das's death case at the Kerala High Court has seen a refusal to quash murder charges against Sandeep. The court dismissed Sandeep's plea, citing insufficient grounds…

The Allahabad High Court emphasized that contempt of court proceedings should not be taken casually or routinely, highlighting their serious nature. The court stressed that…

The Himachal Pradesh High Court granted the first interim bail under the Bhartiya Nyaya Sanhita, a new law aimed at expediting justice in criminal cases. The case involved a…

The article discusses a plea in the Supreme Court to confiscate funds received by political parties through electoral bonds, citing concerns about transparency and accountability…

The Punjab and Haryana High Court has directed the Telecom Secretary to address concerns regarding fraudulent calls made via prepaid SIM cards, emphasizing the seriousness of…

The Rajasthan High Court ruled on the reinstatement of a constable who was dismissed from service. The court directed the state government to reinstate the constable with all…

The Punjab and Haryana High Court ruled that denying a father access to his daughter due to marital discord constitutes cruelty under the law. The court emphasized that children…

In a significant decision, the Bombay High Court denied bail to Sukesh Chandrashekhar in a Ponzi scheme case, highlighting his alleged involvement in defrauding investors. The…

The Meghalaya High Court reinstated an employee who was dismissed due to potential mental health issues, ruling that disciplining such personnel in disciplined forces without due…

In a recent ruling, the Jharkhand High Court affirmed that a deceased government employee's wife is entitled to compensation from the date of his death, regardless of when the…

The Madras High Court held that disciplinary authorities must provide reasons if they disagree with the findings of the enquiry authority. This ruling emphasizes transparency and…

The Orissa High Court has mandated the supply of Bare Acts under Bhartiya Nyaya Sanhita to bar libraries upon an adjournment condition, emphasizing the importance of legal…

The Rajasthan High Court ruled that a tenant is not a necessary party in proceedings for letters of administration under Section 278 of the Indian Succession Act. The court…

The Kerala High Court has categorized Indian Railways as a bulk waste generator, noting its significant contribution to waste production. The court's decision emphasizes the…

The Rajasthan High Court dismissed a case due to non-appearance of parties at Lok Adalat, reaffirming Lok Adalats' limited powers in such scenarios. The court emphasized that Lok…

The Karnataka High Court dismissed a petition challenging Byju's co-founder Byju Raveendran's allotment of shares. The court ruled that the allotment was made in accordance with…

The Delhi High Court ruled that the termination of pregnancy can proceed based on a medical board's opinion, even without a woman's consent if she is in a vegetative state. The…

The Kerala High Court ruled in Dr. Vandana Das's murder case that sudden and grave provocation must not be long-lasting to qualify as a mitigating factor for reducing culpability.…

The Delhi High Court ruled in favor of Saregama India Ltd., finding Emami Ltd. guilty of copyright infringement for using Saregama's songs without authorization in an…

The Delhi High Court ruled in a case involving trademark infringement by Tesla in India. The court found Tesla liable for passing off and directed it to pay damages to the Indian…