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Legal Era

From Legal Era
Provision of bankruptcy proceedings against NBFCs positive for Banks: Moody’s
[ By Kavita Krishnan ]The newly enacted rules empowering the Reserve Bank of India (RBI) to refer stressed Non-Banking Housing Finance Companies (NBFCs) and Housing Finance Companies (HFC) with assets...
Delhi High Court Seeks Replies Of Malvinder Singh And Sunil Godhwani In Response To ED Plea Seeking Further Custody
[ By Bobby Anthony ]The Delhi High Court has sought the response of former Fortis Healthcare promoter Malvinder Singh in response to an Enforcement Directorate petition seeking to extend his...
MCA wants fraud-hit CG Power and Industrial Solutions to re-open their books of accounts
[ By Kavita Krishnan ]The Ministry of Corporate Affairs (MCA) wants Chartered Accountants (CAs) to re-open the books of accounts of fraud-hit CG Power and Industrial Solutions asking them to restate...
Delhi HC Directs Bhushan Power & Steel’s CoC To Deposit Fee Paid During Corporate Insolvency Resolution Process
[ By Bobby Anthony ]The Delhi High Court has directed the Committee of Creditors (CoC) of Bhushan Power & Steel to deposit the amount which was paid to its legal counsel during the company's corporate...
Uttar Pradesh Consumer Court Fines Film Stars Govinda, Jackie Shroff For Endorsing Ineffective Pain Relief Oil
[ By Bobby Anthony ]A consumer court in Uttar Pradesh's Muzaffarnagar has imposed a fine of Rs 20,000 on actors Govinda and Jackie Shroff for endorsing a brand of herbal pain relief oil.The company...
ISPs Seek Legal View On DoT's Demand For Statutory Dues Based On Supreme Court’s Adjusted Gross Revenue Order
[ By Bobby Anthony ]The Internet Service Providers Association of India (ISPAI) has stated that it plans to seek the legal view on the applicability of the Supreme Court's recent Adjusted Gross...
Mutual Fund Firms Plan To Suggest Action Against DHFL To RBI Panel To Recover Dues, Based On Forensic Audit Report
[ By Bobby Anthony ]Mutual fund houses with exposure to Dewan Housing Finance Corp Ltd (DHFL) plan to suggest appropriate action to the three-member committee formed by the Reserve Bank of India...
Tea-café Chain Chaayos sparks wrath among consumers over facial recognition ‘without customer consent’
[ By Kavita Krishnan ]Chaayos, the multi-city chain of food and beverages, is under fire on social media for employing facial recognition, allegedly without customer consent.Chaayos has augmented its...
SEBI intends to hire agency to implement data analytics project
[ By Kavita Krishnan ]The market watchdog Securities and Exchange Board of India (SEBI) is planning to hire an agency to implement a “data analytics project”, through which it also intends to track...
U.S. Photographer takes on Pinterest over copyright infringement
[ By Kavita Krishnan ]An award winning professional photographer Harold Davis has filed a lawsuit in the United States (US) against Pinterest alleging encouragement of copyright infringement. He has...
Delhi High Court Grants Interim Stay On Release Of Biopic Based On Former ICICI Bank Chief Chanda Kochhar’s Plea
[ By Bobby Anthony ]A Delhi court has granted an interim stay on the screening of a movie based on the life of former ICICI Bank Managing Director and Chief Executive Officer, Chanda Kochhar.The film,...
Sixty Doctors Write To British Home Secretary That They Fear Wikileaks Founder Julian Assange Could Die In Prison
[ By Bobby Anthony ]More than 60 eminent physicians have written an open letter signed by them to British Home Secretary Priti Patel that they fear Wikileaks founder Julian Assange's health is so bad...












