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
Top Law News High Court strikes down Leela Samson’s re-entry August 9, 2012 by Legal India Admin | Leave a Comment A writ petition challenging re-entry of Leela Samson as the Director of the Kalakshetra Foundation at Tiruvanmiyur on Wednesday was allowed by the Madras High Court. Sai Sankar, Assistant Professor of Music in the Kalakshetra foundation, and 15 others, all working in the Rukmini Devi College of Fine Arts filed the writ petition which was […] Read more » common law common law principles Companies Act Director of the Kalakshetra Foundation High Court strikes down Leela Samson’s re-entry Kalakshetra Foundation Leela Samson Leela Samson as the Director of the Kalakshetra Foundation Leela Samson’s re-entry in Kalakshetra Foundation Madras High Court petition challenging re-entry of Leela Samson Rukmini Devi College of Fine Arts Union Ministry of Culture writ petition challenging re-entry of Leela Samson