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Legal Era

From Legal Era
SEBI Chief Slams Karvy Practices; Hints At Plans To Tighten Related Party Transactions Norms Used To Siphon Off Funds
[ By Bobby Anthony ]Securities & Exchange Board of India (SEBI) Chairman Ajay Tyagi has criticized the practices followed by Karvy Stock Broking and stated that the capital market regulator is looking...
Delhi HC Sends Former Ranbaxy Promoter Malvinder Singh And Former CMD Sunil Godhwani To One-Day ED Custody
[ By Bobby Anthony ]The Delhi High Court has sent former Ranbaxy promoter Malvinder Singh and former CMD Sunil Godhwani to Enforcement Directorate custody in a money laundering case related to alleged...
Ministry of Corporate Affairs Orders Probe By Serious Fraud Investigation Office Into Affairs Of DHFL, Five Other Firms
[ By Bobby Anthony ]The Ministry of Corporate Affairs (MCA) has ordered an investigation by the Serious Fraud Investigation Office (SFIO) into affairs of Dewan Housing Finance Corp Ltd (DHFL) and five...
All India Muslim Personal Law Board To File Review Petition On Ayodhya Verdict During The First Week Of December
[ By Bobby Anthony ]The All India Muslim Personal Law Board (AIMPLB) will file a review plea against the Supreme Court's verdict on the Ram temple issue during the first week of December, according to...
CBI Court Issues Summons To Retired Odisha High Court Judge In Connection With Alleged Bribery Scam Case
[ By Bobby Anthony ]A special Central Bureau of Investigation (CBI) court has issued summons to all accused including a retired Odisha High Court judge I M Qudussi in connection with an alleged...
Central Bureau Of Investigation Files Charge Sheet Against Promoters Of Vindhyawasini Group In SBI Bank Fraud Case
[ By Bobby Anthony ]The Central Bureau of Investigation (CBI) has filed a charge sheet against directors and promoters of the Vindhyavasini group after its probe into a Rs 457-crore bank fraud...
SEBI Tells CG Power To Provide Accused Former Chairman Gautam Thapar With Information Sought From Company
[ By Bobby Anthony ]The Securities and Exchange Board of India (SEBI) has told fraud-hit CG Power to provide its accused former Chairman Gautam Thapar and others with the information and e-mails they...
RBI revises Framework on Currency Swap Arrangement for SAARC countries 2019-2022
[ by Kavita Krishnan ]The Reserve Bank of India (RBI) has revised Framework on Currency Swap Arrangement for SAARC (South Asian Association for Regional Cooperation) countries for 2019-2022.Based on...
RBI Likely To Allow One-Time Recast Of Loans Availed By Real Estate Firms At The Behest Of Prime Minister’s Office
[ By Bobby Anthony ]The Reserve Bank of India (RBI) is likely to consider proposals from the Union Finance Ministry and the Prime Minister's Office to help real estate companies access hurdle free...
MDMK, DMK Leaders Demand Regional Bench Of Supreme Court To Be Set Up In Chennai; Raises Issue In Rajya Sabha
[ By Bobby Anthony ]MDMK chief Vaiko and DMK leader P Wilson have raised a demand to set up a regional bench of the Supreme Court in Chennai, Tamil Nadu.Vaiko said that people from the southern parts...
MCA amends threshold limits in related party transactions
[ by Kavita Krishnan ]The Ministry of Corporate Affairs (MCA) issued a notification concerning enforcement of Companies (Meeting of Board and its Powers) Second Amendment Rules, 2019 with a view to...
Israeli spyware firm employees sue Facebook for blocking their accounts
[ By Kavita Krishnan ]Facebook had disabled accounts of few employees of the Israeli spyware company NSO Group as a result of the sophisticated cyber attack through WhatsApp by the NSO Group and its...












