Ambassador Hotel to pay Rs12 L to guests trap in lift

Posted On & filed under Corporate Law News.

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 »

2G case: Trial completes one year, over 100 witnesses examined

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

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 »

Govt to block suspect multi-level marketing websites, payments

Posted On & filed under Corporate Law News.

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 »

SC reserves verdict on Sterlite’s TN plant

Posted On & filed under Corporate Law News.

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 »

Kejriwal slams Haryana over official’s transfer

Posted On & filed under Corporate Law News.

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 »

Supreme court extends interim relief for Sahara group firms

Posted On & filed under Corporate Law News.

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 »

Land scam: Court seeks Bihar government’s response

Posted On & filed under Corporate Law News.

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 »

A passport in three days? New project to roll out soon

Posted On & filed under Corporate Law News.

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 »

SC allows producer to release film ‘Wanted’

Posted On & filed under Corporate Law News.

Supreme Court allowed film producer Boney Kapoor to release his film ‘Wanted’ on Sep 18. Salman Khan actor in this film. Justice B.N. Agrawal allowed Kapoor to release the film after he offered to deposit Rs.2 crore with the Bombay HC as security amount in a dispute on an advance he had taken from LMB… Read more »