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Legal Era

From Legal Era
Delhi HC Bar Association bars Advocate Seema Sapra
[ By Titus Manickam Rock ]The Delhi High Court Bar Association by a resolution has barred Advocate Seema Sapra from entering and using the premises of the Delhi High Court's cafeteria, bar rooms,...
United Kingdom Court Order Grants Lenders’ Consortium The Right To Seek Details Of Vijay Mallya's Asset Ownership
[ By Bobby Anthony ]A United Kingdom court has ruled in favor of Indian banks and given an State Bank of India (SBI) led lenders’ consortium the right to seek details of defaulter Vijay Mallya’s asset...
Governmental Inter-Ministerial Committee Proposes Law To Ban, Penalize Holders Of Private Cryptocurrencies In India
[ By Bobby Anthony ]A law could be enacted to ban as well as penalize holders of private cryptocurrencies in India, according to a recent recommendation by an inter-ministerial committee set up by the...
South African Court Blocks Zambia's Plans To Sell Konkola Copper Mines Owned By Anil Agarwal’s Vedanta Resources
[ By Bobby Anthony ]The Johannesburg High Court in South African has ordered Zambia to halt plans to sell Konkola Copper Mines controlled by the Anil Agarwal owned Vedanta Resources Ltd, pending...
SC Court Grants Centre Time Until August 2 To Respond To GHCAA Petition About Delay In Elevating Justice Kureshi
[ By Bobby Anthony ]The Supreme Court has given the central government time until August 2 to respond to a petition filed by the Gujarat High Court Advocates Association (GHCAA).The GHCAA plea seeks...
Essar Steel Insolvency Case: Supreme Court Orders Status Quo On NCLAT Verdict; Monitoring Panel To Continue Work
[ By Bobby Anthony ]The monitoring committee will continue its work till the case is heard on August 7, the Supreme Court bench ruled.The bench heard the plea of the Committee of Creditors challenging...
Suzlon Energy's Loan Account Classified As NPA By Union Bank; Other Banks Also Expected To Follow Suit Shortly
[ By Bobby Anthony ]The Union Bank of India has classified Suzlon Energy Ltd's default on the payment of outstanding bonds worth Rs 1,182 crore as a non-performing asset (NPA).Earlier, the Tulsi...
Delhi High Court Restrains Company From Infringing Copyright Of Mankind Pharma In Content Of Its Website
[ By Bobby Anthony ]The Delhi High Court has restrained a pharmaceutical company called Lee Pharmaceuticals from infringing the copyright of Mankind Pharma in the contents of its website.After...
Securities Appellate Tribunal Gives Securities And Exchange Board Of India Two Months To Reply In NSE Colocation Case
[ By Bobby Anthony ]The Securities and Exchange Board of India (SEBI) has been given two months by the Securities Appellate Tribunal (SAT) to reply to a plea filed by the National Stock Exchange (NSE)...
IL&FS Looks For New Law Firm After Top Official Complains About Conflict Of Interest To Ministry Of Corporate Affairs
[ By Bobby Anthony ]IL&FS has begun looking for another law firm after a top IL&FS official sent a complaint to the Ministry of Corporate Affairs alleging “strong” conflict of interest in Cyril...
Budget Proposals Might Undermine SEBI Role; Government Told That It Would Be Tough To Enforce Public Holding Rule
[ By Bobby Anthony ]The Securities and Exchange Board of India’s (SEBI) has informed the government that recent budget proposals could undermine its role as capital market regulator.This would be...
Agencies Allegedly Doctored Ratings For IL&FS And Even Allowed Former Directors To ‘Prepare’ Favourable Ratings
[ By Bobby Anthony ]Professional judgements of credit rating agencies were allegedly compromised while they assessed IL&FS group companies, according to recent findings of audit firm Grant Thornton...












