The Supreme Court ruled that life sentences can only be suspended if it's clear the conviction isn't sustainable. The decision emphasizes that a mere appeal against conviction…
07/07/20241 min read
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The Supreme Court ruled that life sentences can only be suspended if it's clear the conviction isn't sustainable. The decision emphasizes that a mere appeal against conviction…
The article discusses a case where the Central Kolkata District Consumer Disputes Redressal Commission ruled in favor of a consumer against SBI Credit Card Services for…
In a recent case, Bangalore District Consumer Disputes Redressal Commission ordered Eureka Forbes to rectify a defective vacuum cleaner under warranty. The complainant,…
In a recent case, the Tamil Nadu Real Estate Appellate Tribunal TNREAT ruled on ownership rights regarding land FSI area in relation to a sale deed versus an allotment letter…
In a recent case before the Hyderabad District Consumer Disputes Redressal Commission, Pepperfry was ordered to refund a customer for a sofa that was not delivered. The Commission…
In a recent case, the Jhajjar District Consumer Disputes Redressal Commission directed Oriental Bank of Commerce and Punjab National Bank to disburse funds under the RuPay Card…
In a Maharashtra RERA case, the adjudicating authority ordered Goel Ganga Developers to refund the possession amount with interest to a homebuyer due to delayed possession of a…
In a recent case, the Bangalore District Consumer Disputes Redressal Commission ruled against Flipkart for failing to deliver a product despite receiving payment. The commission…
In a case before the Ernakulam District Consumer Disputes Redressal Commission, United India Insurance Co. was found guilty of wrongfully repudiating a valid claim. The commission…
In a recent case, Thiruvananthapuram District Consumer Disputes Redressal Commission ordered a Vivo service centre to repair a phone under warranty, rejecting the centre's claim…
The Supreme Court ruled that life sentences can only be suspended if it's clear the conviction isn't sustainable, emphasizing stringent conditions for suspension. The court…
Groww, a popular investment platform, has settled regulatory violations with SEBI by paying Rs. 9 lakh. The settlement follows SEBI's scrutiny, which revealed discrepancies in the…
Raselle Capital VCC has settled allegations by SEBI regarding violations of FPI regulations by paying Rs. 123 crore. The settlement follows SEBI's investigation into Raselle's…
SEBI has settled with SBICAP Trustee Company Ltd., requiring a payment of Rs 250.8 lakh for violations of regulatory norms. The settlement arises from allegations that SBICAP…
The National Company Law Tribunal NCLT , Ahmedabad Special Bench, is set to hear cases from July 22nd to 26th, 2024. This session aims to address significant matters under the…
The article discusses the NCLT Mumbai's Special Bench ruling scheduled for July 15-16, 2024, focusing on significant cases under the Insolvency and Bankruptcy Code IBC . The cases…
The Calcutta High Court ruled that foreign insolvency judgments from non-reciprocating countries are not enforceable in Indian courts due to the absence of a cross-border…
The Calcutta High Court dismissed an appeal by the Income Tax Department seeking to cancel the registration of a charitable trust under Section 12AA 3 of the Income Tax Act. The…
The Punjab and Haryana High Court has entertained a PIL seeking unrestricted public passage through the Shambhu border amid the ongoing farmers' protest. The petition highlights…
The Bombay High Court upheld Maharashtra government's ban on plastic flowers, dismissing a challenge against its notification. The court emphasized environmental concerns over…
On July 3, 2024, Policybazaar revealed a growing preference among High-Net-Worth Individuals HNIs for high-value term insurance policies of up to ₹20 Crore. This trend, reflecting…
Manish Kothari, Head of Commercial Banking at Kotak Mahindra Bank, sees a 7.2% GDP growth rate in FY25 as a major opportunity for MSME growth. With a current book size of over…
The Jammu and Kashmir High Court granted bail to a former police officer who spent 18 years in jail awaiting trial. The officer was accused in a case related to custodial death.…
The Calcutta High Court expressed concern over immense pressure on Central and State forensic labs FSLs due to backlog in forensic analysis. The court highlighted the critical…
In a Mumbai court case, a man was fined ₹30,000 for kicking a dog to death. The court cited the act as inhumane and a violation of animal rights, emphasizing the need for…
The Bombay High Court has extended Naresh Goyal's interim medical bail by four weeks in an ED case related to money laundering. Goyal, the founder of Jet Airways, sought bail due…
The Madras Bar Association has announced a boycott of court hearings to protest against amendments to criminal laws, including the introduction of new provisions. This decision…
The article discusses Mahua Moitra's statement in Lok Sabha where she highlighted judges' fear of offending the government, which impacts relief to opposition leaders. This fear…
The Supreme Court of India has ruled against the cancellation of NEET-UG 2022, citing insufficient evidence of widespread irregularities. The Centre defended its decision,…
In Q1 2024-25, deposits of Punjab National Bank PNB and Bank of Baroda BoB grew by 8.5% and 8.83% respectively, lagging behind the 12.1% growth of scheduled commercial banks.…
Dhanlaxmi Bank's gross advances grew by 6.02% YoY to Rs 10,644 crore as of June 30, 2024. Total deposits rose by 7.75% to Rs 14,440 crore. The bank's total business reached Rs…
Banking stocks were trading lower, with the BSE BANKEX index down 397.06 points 0.66% at 60,046.63 at 13:46 IST. Despite this, Yes Bank up 7.47% , Federal Bank up 2.99% , and SBI…
A study by Nutrition Advocacy in Public Interest NAPi reveals a rise in misleading advertisements for high-fat, sugar, or salt HFSS products in India. These ads use emotional…
The RBI, by directive dated July 2, 2024, has extended restrictions on Ramgarhia Co-operative Bank Ltd. from July 8, 2024, to October 8, 2024, under Section 35A and Section 56 of…
Good afternoon. It’s an honor to speak at this lecture series for Professor Suresh Tendulkar, and I’m pleased to join my colleagues from the Reserve Bank of India. Our global…
On July 3, 2024, the RBI imposed a ₹1.31 crore penalty on Punjab National Bank for failing to comply with directives on ‘Loans and Advances – Statutory and Other Restrictions’ and…
On July 5, 2024, the RBI canceled the license of “Shimsha Sahakara Bank Niyamitha” in Karnataka due to inadequate capital, non-compliance with banking regulations, and harm to…
India’s annual defence production reached a record Rs 1.27 trillion in FY24, a 16.7% increase from the previous year’s Rs 1.09 trillion. This achievement represents over 40% of…
On Friday, RBI Executive Director Neeraj Nigam highlighted that low female labour force participation is a barrier to financial inclusion and economic growth. He noted that women…
On June 29, 2024, the ED’s Goa Zonal Office conducted FEMA, 1999 searches at M/s Chowgule & Company and related entities for diverting $228 million through offshore structures.…
Shell’s E4 Startup Program is transforming India’s energy sector by supporting early-stage startups through mentorship, funding, and resources. Launched in 2017, Shell E4 connects…
On March 28, 2024, the ED filed a Prosecution Complaint against Jagdish Kumar Arora, Tejinder Pal Singh, Anil Kumar Agarwal, DK Mittal, and M/s NKG Infrastructure Limited in a…
On June 29, 2024, the ED’s Kolkata Zonal Office conducted search operations at 11 locations in Kolkata and Jaipur under the Prevention of Money Laundering Act PMLA , 2002,…
In Q2 2024, India Inc recorded 501 deals worth $21.4 billion, the highest quarterly volume in two years but a 28% value decline from the previous quarter. Despite geopolitical…
ACESO, a tech platform in the insurance assignment business, plans to add 60 more channel partners this financial year, increasing its total to over 100. Founder Director Ketan B…
SBI Life Insurance Company Ltd is trading at Rs 1522.95, up 1.01% on the NSE as of 12:49 IST. The stock has risen 17.79% over the past year, compared to NIFTY's 24.53% and the…
Star Health and Allied Insurance Company Limited, India's largest retail health insurer, has launched Home Health Care services in over 50 cities. This new service, developed in…
A 55-year-old Mumbai woman, Kanchan Pai, allegedly faked her death twice in two years to claim Rs 1.1 crore in insurance, of which Rs 70 lakh was already paid. Using fake death…
As the government prepares the 2024 Union Budget, lawyers urge amendments to the Insolvency and Bankruptcy Code IBC , 2016, to strengthen India’s insolvency framework. Key…
Sixty-two former Byju’s employees have issued a notice to file an insolvency case against the edtech firm at the NCLT in Bengaluru, seeking over Rs 2.30 crore in unpaid salaries.…
The Supreme Court ruled that life sentences can only be suspended if it's clear the conviction isn't sustainable. The decision emphasizes that a mere appeal against conviction…
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