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Legal Era

From Legal Era
Bombay High Court Vacates Its Interim Stay Order And Allows IATA To Encash Cox & Kings Bank Guarantees
[ By Bobby Anthony ]The International Air Transport Association (IATA) has been permitted by the Bombay High Court to encash bank guarantees provided to it by tour operator Cox & Kings which had...
Department Of Telecom May File Special Leave Petition To Challenge Airtel-Tata Tele Merger In Supreme Court Shortly
[ By Bobby Anthony ]The Department of Telecommunications (DoT plans to challenge the merger of Tata Teleservices consumer business with Bharti Airtel in the Supreme Court shortly.Accordingly, the DoT...
Supreme Court Issues Notice To Centre, Five States As Well As CBI Seeking Replies After Petition On Illegal Sand Mining
[ By Bobby Anthony ]The Supreme Court has issued a notice to the central government, five state governments as well as the Central Bureau of Investigation (CBI) in response to a plea which had sought...
National Company Law Appellate Tribunal Dismisses Contempt Petition Filed By HSBC Daisy Against Anil Ambani
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has dismissed a contempt petition filed by HSBC Daisy Investments (Mauritius) against Reliance Communications Chairman Anil...
JPMorgan Chase & Company Unit Helped Amrapali Group Divert Funds, Says Supreme Court, Based On Forensic Audit
[ By Bobby Anthony ]The Supreme Court has stated in a ruling that a JPMorgan Chase & Company unit violated India’s foreign investment rules and helped property developer Amrapali Group divert funds...
Securities And Exchange Board Of India Directs Hotel Leela To Make Further Disclosures To Shareholders On Asset Sale
[ By Bobby Anthony ]The Securities and Exchange Board of India (SEBI) has directed Hotel Leela Ventures Ltd to make additional disclosures to shareholders about the sale of its assets.The capital...
Home Buyers Get Relief As SC Cancels Amrapali’s RERA Registration, Asks NBCC to Take Over Its Pending Projects
[ By Bobby Anthony ]The Supreme Court cancelled the Real Estate Regulatory Authority (RERA) registration of the Amrapali Group, effectively banning the real estate company from undertaking any...
Bombay High Court Quashes Proceedings Against Ratan Tata, N Chandrasekharan In Nusli Wadia Defamation Case
[ By Bobby Anthony ]The division bench of the Bombay High Court has quashed proceedings against former Tata Sons Chairperson Ratan Tata, its current chairperson N Chandrasekaran and eight directors of...
Supreme Court defers hearing in Puducherry Case to July 10
[ By Titus Manickam Rock ]The Supreme Court Vacation Bench of Justices Deepak Gupta and Surya Kant deferred the hearing in the case relating to the power struggle between the Lieutenant Governor and...
Supreme Court Sets Aside Orissa HC Telemedicine Order
[ By Titus Manickam Rock ]The Supreme Court Bench of Justices D.Y. Chandrachud and Aniruddha Bose recently set aside an order of the Orissa High Court restraining the State from reviewing its policy...
IL&FS: Should Deloitte and BSR be punished?
[ By Titus Manickam Rock ]The Mumbai Bench of National Company Law Tribunal (NCLT) comprising V.P. Singh and Ravikumar Duraiswamy reserved its order in the case of IL&FS after hearing auditors,...
Jetlite Employees To Move NCLT Shortly After Resolution Professional Refused To Accept Their Employer’s Claims
[ By Bobby Anthony ]Employees of JetLite, the low cost arm of Jet Airways, are expected to move the National Company Law Tribunal on July 23 after their claims were turned down by the resolution...










