Corporate Law News Charges in spect case in NDA regime for cognisance January 14, 2013 by Legal India Admin | Leave a Comment A local court will take up for cognisance the charge sheet in the allocation of additional spectrum during the NDA regime with CBI saying the then government’s decision had “brightened” the outcome of the IPO of one Bharti Airtel’s group companies. The charge sheet has named three telecom firms — Bharti Cellular Ltd, Hutchison Max Pvt Ltd (now […] Read more » Bharti Airtel's group companies Bharti Cellular Ltd brightened charge sheet department of telecommunications Deputy Director General (VAS) Hutchison Max Pvt Ltd IPO of one Bharti Airtel's group MOC & IT Telecom Minister Late Pramod Mahajan Vodafone Mobile Service Ltd
Corporate Law News SC rejects Sahara plea on refund of Rs 24K crore January 10, 2013 by Legal India Admin | Leave a Comment The petitions of two Sahara companies has been rejected by the Supreme Court for review of its August 31 judgment directing them to refund Rs 24,000 crore they had collected between 2008 and 2011 from over 2.96 crore investors flouting mandatory regulatory provisions and the Companies Act. The three-month deadline given by the bench of […] Read more » Companies Act investors Justices K S Radhakrishnan and J S Khehar Optionally Fully Convertible Debentures ( OFCDs) Sahara companies Sahara companies petition Sahara firms Sahara Housing Investment Corporation Ltd Sahara India Real Estate Corporation Ltd SEBI Securities and Exchange Board of India (Sebi) SHICL SIRECL Supreme Court Supreme Court of India
Corporate Law News 3G roaming services: HC asks Centre to form panel December 21, 2012 by Legal India Admin | Leave a Comment The Centre has been asked by the Delhi High Court to set up a committee to examine and decide the row between the Department of Telecommunications and the telecom operators over providing 3G roaming services to their customers outside their licensed areas. The direction of the court came on telecom major Reliance Communication’s appeal against a […] Read more » 3G roaming services Additional Solicitor General (ASG) Rajeeve Mehra Anil Ambani Bharti Airtel Delhi High Court department of telecommunications Department of Telecommunications and the telecom operators DoT justice D Murugesan and justice Rajiv Sahai Endlaw Reliance Communication telecom operators
Corporate Law News Supreme Court directs Airtel to reconnect sms to Aircel December 11, 2012 by Legal India Admin | Leave a Comment The Bharti Telecom has been directed by the Supreme Court to reconnect SMS services to the Aircel after the latter assured to pay the former termination charge of 10 paise per SMS. A bench headed by Justice G S Singhvi said, “We direct the respondent (Airtel) to reconnect the SMS services to the appellants (Aircel) within 24 […] Read more » 10 paise per SMS Aircel's plea Bharti Telecom final adjudication Justice G.S. Singhvi SMS services to the Aircel SMS termination Supreme Court Tata Teleservices TDSAT
Corporate Law News Ambassador Hotel to pay Rs12 L to guests trap in lift November 12, 2012 by Legal India Admin | Leave a Comment The apex consumer commission ordered to the Mumbai’s prestigious Ambassador Hotel to pay Rs two lakh each to six of its guests who had been trapped in its lift for over two hours eighteen years ago. The National Consumer Disputes Redressal Commission (NCDRC) held Narangs International Hotel Pvt Ltd, which manages Ambassador Hotel, “squarely negligent” for […] Read more » Ambassador Hotel apex consumer commission five foreigners and five Indians Narangs International Hotel Pvt Ltd National Consumer Disputes Redressal Commission Otis Elevator Co (India) Ltd squarely negligent
Corporate Law News Criminal Law News 2G case: Trial completes one year, over 100 witnesses examined November 12, 2012 by Legal India Admin | Leave a Comment The high-profile accused like former telecom minister A Raja and DMK MP Kanimozhi completed a year in the ongoing trial in the 2G spectrum allocation case, yielding the recording of over 3,000 pages of depositions in examination of over 100 witnesses. The trial which has started Nov. 11 last year, was set after special CBI judge O P Saini […] Read more » 2G case A Raja and DMK MP Kanimozhi Anil Dhirubhai Ambani Anil Dhirubhai Ambani Group Asif Balwa and Rajiv Agarwal Bollywood producer Karim Morani Directors of Kusegaon Fruits and Vegetables Pvt Ltd Directors of Kusegaon Fruits and Vegetables Pvt Ltd Asif Balwa and Rajiv Agarwal Essar and Loop promoters Gautam Doshi Hari Nair Kalaignar TV director Sharad Kumar MD Sanjay Chandra ormer telecom secretary Siddharth Behura R.K. Chandolia Raja and Kanimozhi Surendra Pipara Swan Telecom promoters Shahid Usman Balwa three top executives of Reliance Anil Dhirubhai Ambani Group ( Unitech Ltd MD Unitech Ltd. MD Sanjay Chandra Vinod Goenka
Corporate Law News Govt to block suspect multi-level marketing websites, payments November 8, 2012 / November 8, 2012 by Legal India Admin | Leave a Comment A decision has been taken by the government to crack the whip on fraudulent multi-level marketing companies that have duped hundreds of investors in the country by blocking their websites and tracking their online transactions. In this regard, Corporate Affairs Ministry, the nodal department, has decided that its investigative arm – Serious Fraud Investigation Office (SFIO) – […] Read more » Corporate Affairs Ministry Department of Information and Technology Department of Information Technology and Central Economic Intelligence Bureau finance ministry Financial Intelligence Unit hundreds of investors in the country investigative arm - Serious Fraud Investigation Office marketing websites multi-level marketing multi-level marketing websites nodal department payments registered office within India
Corporate Law News SC reserves verdict on Sterlite’s TN plant November 7, 2012 by Legal India Admin | Leave a Comment The Supreme Court reserved its verdict on the plea of UK-based Vedanta groupsubsidiary Sterlite Industries against the Madras High Court order for shutting down its smelting plant for alleged non-compliance of environmental norms. The company has challenged the high court order claiming that it was not given a proper hearing and its submissions were ignored. […] Read more » Central Pollution Control Board (CPCB) environmental norms. Madras High Court Madras High Court order MDMK Leader Vaiko Gopalswamy Sterlite Industries Ltd's Sterlite Industries Ltd's copper plant at Tuticorin. Sterlite's plant Supreme Court Tamil Nadu Pollution Control Board (TNPCB) Vaiko Gopalswamy Vedanta groupsubsidiary Sterlite Industries
Corporate Law News Kejriwal slams Haryana over official’s transfer October 16, 2012 by Legal India Admin | Leave a Comment On Tuesday Arvind Kejriwal (India Against Corruption leader) slammed the Haryana government for transferring Indian Administrative Service officer Ashok Khemka, who was probing the Robert Vadra-DLF land deal. Kejriwal told here “Ashok Khemka was transferred by the Haryana government because he was probing Vadra’s land deals in Haryana. We strongly criticise that” Kejriwal also said […] Read more » Arvind kejriwal slams haryana govt wadra and DLF
Corporate Law News Supreme court extends interim relief for Sahara group firms January 10, 2012 / January 10, 2012 by Legal India Admin | Leave a Comment The Supreme Court Monday admitted a plea by two Sahara group companies challenging the Securities Appellate Tribunal’s order directing them to refund Rs.17,400 crore mopped up from 2.3 crore investors and ordered the continuation of its interim stay on the tribunal’s direction. The apex court bench of Chief Justice S.H. Kapadia, Justice A.K. Patnaik and […] Read more » Chief Justice S.H. Kapadia Justice A.K. Patnaik Justice Swatanter Kumar Sahara group companies Supreme Court
Corporate Law News Land scam: Court seeks Bihar government’s response October 19, 2011 by Legal India Admin | Leave a Comment The Patna High Court Tuesday directed the Bihar government to file its response to a public suit seeking a probe in an alleged scam of land allotment to the family members of ruling alliance’s leaders. The court fixed Jan 17, 2012 for the next hearing. The petition, filed by a local lawyer, said that the […] Read more » BIADA Bihar Industrial Area Development Authority Court seeks Bihar government's response Human Resource Development Minister P.K. Shahi Land scam Patna High Court
Corporate Law News A passport in three days? New project to roll out soon June 7, 2011 by Legal India Admin | Leave a Comment The Passport Seva Project, an ambitious e-governance programme that aims at passport delivery in three days, has entered its most crucial stage. The rollout of 77 Passport Seva Kendras is expected to begin any time now in major Indian cities and be completed by January 2012. Things have not been entirely smooth for the pilot […] Read more » e-governance programme passport Passport Seva Kendras