Ex power secy’s wife summoned for not declaring money abroad

Posted On & filed under Corporate Law News, Criminal Law News.

Former Delhi Power Secretary RK Verma’s wife has been summoned as an accused by a court here for allegedly not declaring money stashed in an undisclosed company in the United Kingdom’s British Virgin Islands. Additional Chief Metropolitan Magistrate Devender Kumar Sharma took cognizance on the complaint filed by the Income Tax Department and issued summons… Read more »

SC nod to DLF for Rs 100 cr deposit towards Rs 630 cr fine

Posted On & filed under Corporate Law News.

Real estate major DLF was today allowed to deposit Rs 100 crore towards Rs 630 crore fine slapped on it by the Competition Commission of India (CCI) for allegedly resorting to unfair business practices. A bench headed by Justice A R Dave allowed the request after DLF’s counsel said, “we will deposit Rs 100 crore… Read more »

Extortion case: 3 of Lakdawala gang convicted

Posted On & filed under Corporate Law News, Criminal Law News.

A special MCOCA court today convicted three members of the Ejaz Lakdawala gang and acquitted two others in connection with a 2011 extortion case against a builder. “The court convicted three persons and sentenced them to ten years of imprisonment and imposed a fine of Rs 15 lakh on each,” public prosecutor Dileep Shah said…. Read more »

Bombay High Court sets aside government order dismissing employee on theft charge

Posted On & filed under Corporate Law News.

Terming as “harsh” the Centre’s decision to dismiss a government employee from service for stealing government property, the Bombay High Court has set aside the impugned order and instead lowered the punishment to compulsory retirement from service. Justices Naresh Patil and BP Colabawalla set aside the July 27, 2010, order of dismissal of Ramchandra Goya… Read more »

HC shocked over delay in disposal of case properties

Posted On & filed under Corporate Law News.

Shocked over non-compliance of well-settled principles of law for disposal of case properties by lower courts as well as the city police, the Delhi High Court has issued a slew of directions to ensure that case properties are disposed of in a timely manner as directed by the Supreme Court from time to time. “This… Read more »

Sonia & Rahul summoned in National Herald newspaper case

Posted On & filed under Corporate Law News, High Profile Cases, Top Law News.

A court here Thursday issued summons to Congress president Sonia Gandhi and her son and party vice president Rahul Gandhi on charges of misappropriating funds of a company that used to publish the now-defunct National Herald newspaper. In response to a private complaint filed by Bharatiya Janata Party (BJP) leader Subramanian Swamy, Metropolitan Magistrate Gomati… Read more »

Saradha scam: Kingpin Sen, Ghosh sent to judicial custody

Posted On & filed under Corporate Law News, Criminal Law News, High Profile Cases, Top Law News.

A court here Thursday remanded three key Saradha scam accused, including kingpin Sudipta Sen and suspended Trinamool Congress MP Kunal Ghosh, to judicial custody till July 7, a counsel said. The trio of Sen, Ghosh and Saradha director Debjani Mukherjee was presented before the court of Additional Chief Judicial Magistrate Haradhan Mukhopadhyay on the expiry… Read more »

New land act neither pro-people nor pro-industry’

Posted On & filed under Consumer Law News, Corporate Law News, Top Law News.

Asserting that there were many unresolved issues concerning the Land Acquisition Act, a West Bengal minister Monday said the state government does not subscribe to the new legislation, slated to be notified early next year.   “The Trinamool Congress government does not subscribe to the new act. There are many issues which needed to be… Read more »