Corporate Law News High Profile Cases SC defers proceedings against Sunil Mittal in 2G case April 9, 2013 by Legal India Admin | Leave a Comment The Supreme Court today postponed till April 16 the proceedings in the Special CBI court against Sunil Bharti Mittal, CMD of Bharti Cellular Limited, who has been summoned as an accused in a corruption case related to allocation of additional 2G spectrum in 2002. The CBI, which told the apex court that investigation into the […] Read more » 2G spectrum accused Bharti Cellular CMD of Bharti Cellular Limited corruption case defers proceedings SC section 319 of the CrPC Sunil Bharti Mittal Sunil Mittal Sunil Mittal in 2G case trial court
Corporate Law News DGCA told to deregister 2 Kingfisher aircraft April 9, 2013 by Legal India Admin | Leave a Comment DVB Aviation Finance Asia PTE Ltd is going to lease by German aircraft today after won a legal battle against grounded Kingfisher Airlines with the Delhi High Court asking aviation regulator DGCA to deregister two leased-out planes lying at Istanbul in Turkey German aircraft leasing firm DVB Aviation Finance Asia PTE Ltd today won a legal battle […] Read more » Delhi High Court DGCA Directorate General of Civil Aviation DVB Aviation Finance DVB Aviation Finance Asia PTE Ltd German aircraft Kingfisher Airlines MNC firm
Corporate Law News SC agrees to give early hearing to SEBI plea against Sahara April 5, 2013 by Legal India Admin | Leave a Comment Here in New Delhi to give an early hearing to SEBI’s plea seeking its permission to detain Sahara Group’s chairman Subrata Roy Sahara the Supreme Court has got agreed and also to initiate contempt proceedings against him for not complying with its orders to refund Rs. 24,000 crore to investors. A bench headed by Justice K S Radhakrishnan posted the […] Read more » Ashok Roy Choudhary Ravi Shankar Dubey Sahara Group Sahara Housing Investment Corporation Sahara India Real Estate Corporation SEBI SEBI plea against Sahara Subrata Roy Sahara Supreme Court
Corporate Law News Apollo Tyres may buy US tyre veteran Cooper Tire April 4, 2013 by Legal India Admin | Leave a Comment New Delhi – April 4, 2013 – Apollo Tyres Ltd, one of the leading rubber and tyre company of India is trying for a big deal with US based major tyre company Cooper Tire & Rubber Co. As per industry sources Mr.Onkar Kanwar, MD of Apollo Tyres Ltd. is frequently visiting US and in regular […] Read more » Apollo Tyres Apollo Tyres Ltd Cooper Tire Cooper Tire & Rubber Co. Cooper Tire merger with Apollo Tyre
Corporate Law News SC agrees to hear Mittal’s plea against summons April 3, 2013 by Legal India Admin | Leave a Comment The petition of the Bharti Airtel chairman Sunil Mittal has been accepted by the Supreme Court to challenging a special court’s summons to him to appear before it as an accused in the 2G spectrum allocation case here in New Delhi. The bench headed by Chief Justice Altamas Kabir posted the matter to 8 April. Special court judge O.P. Saini had […] Read more » 2G spectrum allocation case Asim Ghosh Bharti Bharti Airtel Chairman Sunil Mittal BhartiAirtel Chief Justice Altamas Kabir Essar Group vice-chairman Ravi Ruia Hutchison Hutchison Max Telecom Pvt Ltd petition of the Bharti Airtel Shyamal Ghosh Special court judge O.P. Saini Sterling Sterling Cellular Ltd Supreme Court
Corporate Law News Sunil Mittal moves SC against 2G court’s order April 2, 2013 by Legal India Admin | Leave a Comment Sunil Bharti Mittal who is the CMD of the Bharti Cellular Pvt. Ltd. has approached to the Supreme court of India to challenge the March 19 order of the special 2G court summoning him as an accused in a corruption case related to allocation of additional spectrum during the NDA regime in 2002. Mr. Mittal, whose […] Read more » 2G court additional spectrum Bharti Cellular Bharti Cellular Pvt. Ltd. CBI charge sheet Hutchison Max Telecom Pvt Ltd special 2G court summon Special CBI Judge O.P. Saini Sterling Cellular Ltd Sunil Bharti Mittal Supreme Court of India Vodafone Mobile Service Ltd
Corporate Law News SEBI tightens noose around Sahara Group chief March 18, 2013 by Legal India Admin | Leave a Comment SEBI moved to the Supreme Court for the house arrest of Sahara Group Chairman Subroto Roy for not refunding of Rs 24,000 crore money belonging to investors in his companies. It has been also asked by the Securities and Exchange Board of India (SEBI), in its application, to impound the passport of Roy and two other […] Read more » justice KS Radhakrishnan Sahara Group Chairman Subroto Roy SEBI Securities and Exchange Board of India Subroto Roy Supreme Court
Corporate Law News Court reserves order on plea against Mittal in telecom case March 16, 2013 by Legal India Admin | Leave a Comment Today here in Delhi a court reserved the orders on taking cognizance of a complaint by an NGO accusing the CBI of “hiding” facts allegedly showing involvement of Bharti Airtel Chairman Sunil Mittal in the case of additional spectrum allocation during the NDA regime. Special CBI Judge O P Saini, who is trying the 2G spectrum […] Read more » Bharti Airtel Chairman Sunil Mittal case of additional spectrum charge sheet against Airtel NGO accusing the CBI telecom case Telecom Watchdog
Corporate Law News SEBI moves SC for arrest of Sahara chief Subrata Roy March 16, 2013 by Legal India Admin | Leave a Comment Securities regulator is seeking court approval to arrest the head of the Sahara conglomerate, which it accuses of failing to comply with an order to repay billions of dollars collected from investors in outlawed bonds, according to a court document and a lawyer present at a Friday court hearing. The Supreme Court is likely to […] Read more » Grosvenor House hotel Plaza Hotel in New York Sahara chief Subrata Roy Sahara conglomerate Sahara directors SEBI Securities and Exchange Board of India Subrata Roy Sahara
Corporate Law News Telecom scam:CBI chided for not naming firms’ execs March 9, 2013 by Legal India Admin | Leave a Comment Delhi High court has grilled the CBI for only “blaming” government servants and not naming any company officials in connection with the charge sheet against Airtel, Vodafone and others for alleged irregularities in the allocation of additional spectrum to them during the NDA regime “In a conspiracy, there must be two parties. You (CBI)are blaming only the […] Read more » Airtel Bharti Cellular Ltd CBI criminal conspiracy (120-B) of the IPC Delhi High Court government servants Hutchison Max Pvt Ltd NDA regime Pramod Mahajan Prevention of Corruption Act Vodafone Vodafone India Ltd
Corporate Law News Criminal Law News Zee Editors plea for court-monitored probe rejected February 27, 2013 by Legal India Admin | Leave a Comment The plea of two Zee Group editors for a court-monitored probe in the extortion case lodged against them by Congress MP Naveen Jindal has been rejected by a Delhi court which said they cannot be allowed to “dictate” and “divert” the course of investigation. “I am of the considered opinion that there is no requirement for preservation of call details. Moreover, […] Read more » 120 B (criminal conspiracy) 420 (cheating) 511 of the IPC. Additional chief metropolitan magistrate Mukesh Kumar Congress MP Naveen Jindal Delhi court extortion case Jindal Steel and Power Ltd (JSPL) section 384 (extortion) Zee Editors plea Zee Group editors
Corporate Law News SC declines to hear plea by Sahara Group companies February 26, 2013 by Legal India Admin | Leave a Comment The last hope of Sahara group to get more time to refund Rs 24,000 crore to its investors was dashed in the Supreme Court which dismissed its plea and pulled it up for not complying court’s earlier order to return the money by first week of February. A bench headed by Chief Justice Altamas Kabir, which had earlier […] Read more » Altamas Kabir Chief Justice Altamas Kabir Sahara Group Sahara group companies Sahara Housing Investment Corporation (SHIC) Sahara India Real Estate Corporation (SIREC) Subrata Roy