No revival of Jet Airways as Supreme Court orders liquidation of carrier's assets
Nov 07, 2024, at 10:23 pm
New Delhi: The Supreme Court has ordered the liquidation of Jet Airways’ assets, exercising its special powers under Article 142 to overturn a tribunal's ruling that allowed ownership transfer to the Jalan-Kalrock Consortium (JKC) despite incomplete payment to creditors, media reports said.
Supreme Court slams NCLAT for closing Byju's insolvency case after settlement with BCCI
Sep 26, 2024, at 06:27 am
New Delhi: The Supreme Court on Wednesday raised concerns over the National Company Law Appellate Tribunal’s (NCLAT) decision to close insolvency proceedings against ed-tech giant Byju’s following its approval of a Rs 158.9 crore settlement with the Board of Control for Cricket in India (BCCI), according to a media report.
Vodafone Idea calls investor meet on Monday after AGR ruling by Supreme Court
Sep 21, 2024, at 03:36 am
Mumbai: Financially troubled telecom operator Vodafone Idea (Vi) has scheduled an unexpected meeting with investors and analysts on September 23. In a stock exchange filing, Vi stated that the 30-minute call will focus on "recent events."
Jul 10, 2024, at 10:49 pm
New Delhi: Adani Ports received a big relief as the Supreme Court on Wednesday suspended a Gujarat High Court order that directed the state government to reclaim 108 hectares of grazing land granted to the ports company, media reported.
SBI urges Supreme Court to extend deadline for providing electoral bonds info
Mar 05, 2024, at 03:03 am
New Delhi/IBNS: The State Bank of India (SBI) has requested the Supreme Court to extend the deadline till June 30 for providing information about electoral bonds to the Election Commission.
Truth has prevailed: Gautam Adani on SC's Adani-Hindenburg verdict
Jan 03, 2024, at 07:49 pm
New Delhi/IBNS: "Truth has prevailed," said Indian billionaire industrialist Gautam Adani in his first reaction to the Supreme Court order, which denied transfer of probe into the allegations of fraud against the Adani Group of Companies from the Securities and Exchange Board of India (SEBI) to an alternate agency.
Jan 03, 2024, at 06:37 pm
In a big boost to the Adani group, the Supreme Court on Wednesday refused to interfere with the Indian securities market regulatory body Securities and Exchange Board of India (SEBI) after a clutch of petitions were filed seeking probe by alternative agency into allegations of fraud against Adani Group of companies in the Hindenburg Research report.
Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3
Jan 03, 2024, at 04:19 am
New Delhi: The Supreme Court is set to deliver its verdict on a string of petitions seeking a court-monitored investigation into allegations related to the Adani-Hindenburg issue on January 3, media reported.
Adani-Hindenburg case: SC withholds judgment, indicates it would give directions to SEBI
Nov 25, 2023, at 02:37 am
New Delhi: The Supreme Court on Friday withheld its decision on the Adani-Hindenburg row, and Chief Justice of India (CJI) DY Chandrachud suggested that directives may be issued to the Securities and Exchange Board of India (SEBI) as part of the resolution, Moneycontrol reported.
SpiceJet completes Rs 100 cr payment to Kal Airways
Sep 13, 2023, at 03:52 am
New Delhi: SpiceJet has completed the payment of Rs 100 crore to Kal Airways following the Delhi High Court’s order to complete the remaining 22.5 crore of the total due before 4 p.m. on Tuesday.
Jul 12, 2023, at 03:49 am
New Delhi: The Supreme Court on Tuesday adjourned the string of petitions on the Adani-Hindenburg row, media reports said.
'Truth will prevail': Gautam Adani welcomes SC's order in Hindenburg issue
Mar 02, 2023, at 10:49 pm
Mumbai/IBNS: Business tycoon Gautam Adani has welcomed the Supreme Court’s order to form a panel to probe the accusations of business malpractices by US short-seller Hindenburg Research on Adani Group companies.
Supreme Court rejects Bilkis Bano’s review petition against remission
Dec 17, 2022, at 10:45 pm
New Delhi: Bilkis Bano received a setback as the Supreme Court had dismissed her review petition in which she had challenged this year's May 13 verdict which directed the Gujarat government to decide remission pleas of 11 life imprisonment persons convicted for gangrapes-murders during 2002 communal riots in Gujarat.
Amazon vs Future: SC to hear Amazon's plea on Oct 11
Sep 20, 2022, at 01:04 am
New Delhi: Supreme Court will hear the Amazon.com NV Investment Holding LLC (Amazon) plea challenging the June 13 NCLAT order, which upheld the anti-trust body CCI's ruling, on October 11.
SC to allow SEBI's appeal against order quashing Rs 6 cr fine on NSE
Mar 29, 2022, at 02:05 am
New Delhi: The Supreme Court Monday asked National Stock Exchange (NSE) to file its response to the appeal filed by the Securities Exchange Board of India (SEBI) against an order that quashed a Rs 6-crore fine imposed on the NSE by the market regulator, media report said.
Mar 22, 2022, at 09:40 pm
New Delhi: A Supreme Court bench headed by Chief Justice N V Ramana Tuesday said that it would list for hearing the interim plea of e-commerce major Amazon seeking preservation of Future Retail Ltd's assets besides resumption of arbitration over the merger deal with Reliance Retail, media reports said.
Amazon files fresh law suits in dispute with Future group: Report
Jan 10, 2022, at 03:36 am
New Delhi/IBNS: Amazon has approached the courts challenging the recent decisions in its protracted legal dispute with Kishore Biyani-led Future Group after the Competition Commission of India suspended a 2019 deal between the two sides, leading to a halt in their arbitration, Reuters reported on Sunday citing sources.
Unitholders' consent mandatory before winding up Mutual Fund scheme: SEBI
Dec 30, 2021, at 09:04 pm
Mumbai/IBNS: Mutual fund (MF) trustees have to take the consent of unitholders’ while winding up any MF scheme, the market regulator Securities Exchange Board of India has decided in a board meeting.
DoT likely to return bank guarantees of telcos, govt to approach Supreme Court: Report
Nov 25, 2021, at 08:09 am
New Delhi/IBNS: The Department of Telecommunications (DoT) is likely to tell the Supreme Court soon that the government will return bank guarantees (BG) of telcos even for matters which are currently sub judice, ET reported.
'Govt sensitive about environment': Nitin Gadkari on concerns over Char Dham project
Nov 25, 2021, at 06:29 am
New Delhi/IBNS: Allegations that road construction triggered landslides in Uttarakhand are based on misinformation, Union minister Nitin Gadkari said Wednesday while asserting that the government is sensitive about ecology and environment while carrying out development projects, media reports said.
Big relief for Future Group as SC stays seizure of assets
Sep 09, 2021, at 08:52 pm
New Delhi/IBNS: In a big relief to Future Group, the Supreme Court has halted the seizure of Future Coupons, Future Retail and Future Group owned by Kishore Biyani.
Vi moves Supreme Court seeking review of AGR dues order
Aug 11, 2021, at 03:22 am
New Delhi/IBNS: Vi Tuesday moved the Supreme Court seeking a review of its earlier order which dismissed the telecom company's petition for a recomputation of Adjusted Gross Revenue (AGR) dues, media reports said.
Supreme Court refuses to interfere in Centre's decision on extension of loan moratorium
Mar 24, 2021, at 05:58 pm
New Delhi/IBNS: The Supreme Court has refused to extend the six-month loan moratorium period given by the Reserve Bank of India (RBI), saying it cannot interfere in the 'policy decision' of the Centre and the RBI.
SEBI says Sahara group chief must pay Rs 62,600 crore to stay out of jail: Report
Nov 21, 2020, at 03:14 am
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has filed a petition with the Supreme Court seeking its direction to Sahara group chief Subrata Roy to pay Rs 62,600 crore ($8.43 billion) right away, or cancel his parole if he refuses the payment, said a media report.
SC grants time to Centre to explain how commercial mining wouldn't harm environment
Nov 05, 2020, at 07:07 am
New Delhi/IBNS: The Supreme Court on Wednesday extended the deadline for submission of a report detailing the impact of commercial mining on the environment in a case filed by the Jharkhand government.
Oct 15, 2020, at 12:03 am
New Delhi/UNI: Supreme Court on Wednesday asked the Centre and banks to clarify whether they are implementing the waiver of interest on interest or not for the Covid 19 moratorium period.
Supreme Court allows Centre one more week to submit loan moratorium plan
Sep 29, 2020, at 06:26 am
New Delhi/IBNS: The Supreme Court on Monday extended the deadline to fix a moratorium plan to ease the burden on borrowers during the prevailing coronavirus crisis, said media reports.
Relief for Vodafone as Supreme Court orders government to pay Rs 833 cr in tax refund
Jul 23, 2020, at 02:16 am
New Delhi/IBNS: The Supreme Court on Wednesday directed the Income Tax department to pay Rs 833 crore, as tax return, to Vodafone Idea, against the arguments that the amount be deducted from the AGR (adjusted gross revenue) which the telecom company still owes to the government, a media report said.
After Supreme Court rap, Bharti Airtel pays Rs. 10,000 crore to government
Feb 17, 2020, at 12:48 pm
New Delhi/IBNS: After the Supreme Court rapped several telecom companies for not clearing the dues despite its order, Bharti Airtel on Monday said it had paid Rs. 10,000 crore to the government, media reports said.
Tata Sons-Mistry conflict: SC issues notice to parties
Jan 24, 2020, at 05:54 pm
New Delhi/UNI: The Supreme Court on Friday issued notice to Cyrus Mistry after hearing a plea filed by Tata Sons against the National Company Law Appellate Tribunal's January 6 decision by which it had rejected an application seeking a modification of its December 2019 judgment.