Corporate Law News Top Law News HC sought response of journalist, arrested by CBI June 19, 2018 by Legal India Admin | Leave a Comment New Delhi: The Delhi High Court today sought the response of journalist Upendra Rai, arrested by the CBI for his alleged involvement in dubious financial transactions, on a plea seeking cancellation of his bail. Justice A K Chawla issued notice to the scribe and sought his stand by July 6 on the CBI’s appeal against the […] Read more » Bureau of Civil Aviation Security (BCAS) CBI Enforcement Directorate (ED) FIR journalist Upendra Rai Justice A K Chawla Prevention of Money Laundering Act (PMLA)
Corporate Law News Top Law News Authorities not proceeding with sealing drive: Monitoring Committee June 13, 2018 by Legal India Admin | Leave a Comment New Delhi: A monitoring committee, which is mandated by the court to identify and seal unauthorised constructions in Delhi, today claimed in the Supreme Court that civic bodies have refused to carry out sealing drive on the ground that amendments in Master Plan of Delhi-2021 were not finalised yet. Master Plan of Delhi-2021 is a blueprint […] Read more » authorities Bhure Lal DDA Justice Deepak Gupta Justice U U Lalit K J Rao Monitoring Committee SC sealing drive
Corporate Law News Court, Judiciary & Legal System Top Law News Win-win for 63 moons; MCA’s plea to supersede 63 moons Board dismissed by NCLT under Sec. 397 of Companies Act, 1956 June 12, 2018 / June 12, 2018 by Legal India Admin | Leave a Comment Mumbai, June 9, 2018: Surpassing the Board of 63 moons technologies limited (formerly known as FTIL) under Section 397 of the Companies Act, 1956, the National Company Law Tribunal (NCLT), Chennai dismissed the plea of the Ministry of Corporate Affairs (MCA). The NCLT completely cleared the present Board of 63 moons (which comprises of 4 […] Read more » featured FTIL MCA moons Mr.S Rajendran National Company Law Tribunal NSEL Section 397
Corporate Law News Top Law News Indian economy on ‘very solid track’: IMF chief Christine Lagarde October 15, 2017 by Legal India Admin | Leave a Comment Days after the International Monetary Fund lowered its growth forecast for the current and the next year, IMF chief Christine Lagarde today said the Indian economy is on a “very solid track” in the mid-term. “Turning to India…we have slightly downgraded India; but we believe that India is for the medium and long-term on a […] Read more » Christine Lagarde Demonetisation featured Goods and Services Tax GST IMF IMF chief Christine Lagarde International Monetary Fund
Corporate Law News Tax Law News Top Law News Two accused firms received Rs 742.58 cr proceeds of crime: ED February 7, 2016 by Legal India Admin | Leave a Comment The Enforcement Directorate today told the special 2G court that there were money transactions which allegedly showed that Sun Direct TV Pvt Ltd (SDTPL) and South Asia FM Ltd (SAFL) received Rs 742.58 crore as “proceeds of crime” from Mauritius-based firms in Aircel-Maxis deal related money laundering case. The court has fixed February 20 when […] Read more » featured Two accused firms received Rs 742.58 cr proceeds of crime: ED
Corporate Law News Court, Judiciary & Legal System Top Law News SC restores possession of mine to Rajasthan government from UltraTech January 24, 2016 by Legal India Admin | Leave a Comment The Supreme Court has held that the Rajasthan government will take back possession of a mine from Gotan Limestone Khanji Udyog Pvt Ltd (GLKUPL), which was transferred to cement major Ultra Tech, saying that competent authority was “misled” by concealing the real transaction. The apex court set aside the order of the Rajasthan High Court […] Read more » A K Goel featured Gotan Limestone Khanji Udyog Pvt Ltd J K Cements Ltd justices A R Dave UltraTech
Corporate Law News Top Law News SC stays levy of penalty on sales tax by Tata Sons November 23, 2015 / November 24, 2015 by Legal India News | Leave a Comment The Supreme Court today restrained Maharashtra government from imposing penalty on the sales tax levied on Tata Sons Ltd over the use of the TATA brand name by its subsidiaries. A bench of Chief Justice H L Dattu and Justice Amitava Roy stayed the levy of penalty on the sales tax after senior advocate Harish Salve, […] Read more » Bombay High Court featured Law Legal News SC stays levy of penalty on sales tax by Tata Sons Supreme Court Tata Sons
Corporate Law News Top Law News HC extends Red FM licence for Del, Mum, Kolkata September 29, 2015 by Legal India News | Leave a Comment In a relief to radio channel Red FM, Delhi High Court today extended its licence to operate in the national capital as well as in Mumbai and Kolkata till further orders on the company’s plea seeking direction to the Centre to allow it to migrate to phase III from II. Justice R S Endlaw extended […] Read more » Court Delhi featured HC extends Red FM licence for Del Kolkata Mum Mumbai red FM Red FM licence
Corporate Law News Top Law News HC allows Chinese consortium plea against BHEL’s tender September 7, 2015 / September 7, 2015 by Legal India Admin | Leave a Comment The Madras High Court today allowed an appeal by a Chinese consortium against evaluation of tenders for Ennore super critical thermal power project by Tamil Nadu government-owned power utility TANGEDCO and subsequent award of the contract to public sector BHEL. The court set aside the April 7 order of a single judge dismissing the consortium’s […] Read more » featured
Corporate Law News Top Law News Supreme Court dismisses Vijay Mallya’s plea in FERA violation case July 13, 2015 / July 13, 2015 by Legal India News | Leave a Comment The Supreme Court today dismissed liquor baron Vijay Mallya’s plea seeking quashing of criminal proceedings against him in a case pertaining to violation of foreign exchange rules. A bench headed by Justice J S Khehar also imposed Rs 10 lakh as costs on Mallya in the case. Earlier, the apex court had issued notice to […] Read more » featured FERA violation case Justice J.S. Khehar Law Legal News news Supreme Court Supreme Court dismisses Vijay Mallya's plea in FERA violation case Vijay Mallya
Corporate Law News Top Law News Lingaraj trust land not for sale-purchase: HC March 31, 2015 / April 2, 2015 by Legal India Admin | Leave a Comment In a significant judgment, the Odisha High Court on Monday ordered that an area of 2.865 acres that belongs to the Lord Lingaraj temple trust near the Bhubaneswar airport and which was subsequently vested on the State Government shall be recorded back in the temple trust as the land is not tenable for any sale […] Read more » HC Justice BN Mohapatra Justice Indrajit Mahanti land not for sale-purchase Lingaraj trust Lingaraj trust land Lord Lingaraj temple trust Odisha High court sale-purchase with Assotech Millan Resorts Pvt Ltd
Corporate Law News DoT seeks time to file reply on Loop Telecom’s plea February 3, 2015 by Legal India Admin | Leave a Comment Department of Telecommunication (DoT) today sought six weeks from a special court to file its response on a plea by Loop Telecom Ltd, facing trial in a case relating to the probe into the 2G spectrum allocation scam, for referring the matter to the Lok Adalat. A DoT official, who appeared in the court, told […] Read more » Department of Telecommunication DoT Loop Telecom Ltd Loop Telecom's plea Special CBI Judge O.P. Saini