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Legal Era

From Legal Era
Maharashtra Proposes Legislation To Enforce Labor Laws At IT, BPO Companies Found To Follow ‘Bonded’ Labor Practices
[ By Bobby Anthony ]A Maharashtra government committee which was appointed to examine complaints of exploitation of workforce in information technology (IT) and business process outsourcing (BPO)...
PwC Informs MCA About Alleged Irregularities In The Books Of Reliance Capital, Even As Reliance Denies PwC’s Allegations
[ By Bobby Anthony ]The Anil Ambani-helmed Reliance Capital has informed stock exchanges that its auditor Price Waterhouse & Company (PwC) has resigned as its auditor, even as it has refuted PwC’s...
Wikileaks Founder Assange Faces Extradition Hearings After UK Home Secretary Signs Order To Extradite Him To The US
[ By Bobby Anthony ]United Kingdom Home Secretary Sajid Javid has signed an order to extradite Wikileaks co-founder and publisher Julian Assange to the United States where he faces charges of computer...
UK High Court Denies Bail To Nirav Modi Who Was Arrested In Connection With Rs 17,000-Crore Punjab National Bank Scam
[ By Bobby Anthony ]Fugitive businessman Nirav Modi’s fourth attempt to secure bail in an ongoing extradition case failed after a judge of the High Court of England and Wales stated that there is...
Additional Solicitor General Tells Madras HC That Lawyers Have No Right To Be Appointed GST Appellate Tribunal Judges
[ By Bobby Anthony ]Lawyers do not have any right to be appointed as judges of tribunals, including the GST Appellate Tribunal, unless a statute specifically provides for the same, Additional...
SEBI May Revamp Rating Firms’ Governance Structures By Making Getting More Independent Directors On Their Boards
[ By Bobby Anthony ]The Securities & Exchange Board of India (SEBI) plans to overhaul governance structures of credit rating firms by requiring them to have a majority of independent directors on...
NCLAT Clarifies About Influence Of Appellate Tribunal, SC Orders On NCLT But Refrains From Opinion On HC Orders
[ By Bobby Anthony ]The National Company Law Tribunal (NCLT) should not be influenced by any other order except the decision of the National Company Law Appellate Tribunal (NCLAT) or the Supreme...
Indiabulls Housing Finance Ltd Moves SC To Counter Fund Misappropriation Charges; Dismisses Allegations As ‘Bizarre’
[ By Bobby Anthony ]Indiabulls Housing Finance Ltd (IHFL) has moved the Supreme Court seeking an urgent listing of a plea filed against it in which it has been alleged that the company misappropriated...
Madras High Court’s Justice KK Sasidharan Recuses From Vedanta's Plea To Reopen Thoothukudi Sterlite Copper Plant
[ By Bobby Anthony ]Justice Sasidharan recused himself from hearing a plea filed by Vedanta to reopen its Sterlite copper smelting plant at Thoothukudi in Tamil Nadu, stating that he had heard the...
Jet Airways Pilots Union Likely To File Plea With The National Company Law Tribunal Over Unpaid Salary, Gratuity Payments
[ By Bobby Anthony ]The National Aviators’ Guild (NAG), which is the pilots union of Jet Airways (India) Ltd, plans to file a plea with the National Company Law Tribunal (NCLT) early next week. The...
Gujarat HC Advocates Likely To Meet Union Law Minister Ravi Shankar Prasad To Press For Justice Kureshi As MP HC CJ
[ By Bobby Anthony ]The Gujarat High Court Advocates Association (GHCAA) has resolved to submit a representation before Union Law Minister Ravi Shankar Prasad for an immediate notification of Justice...
IL&FS Case: Government Appointed Board To File Contempt Case Against Nine Big Banks For Unauthorised Withdrawals
[ By Bobby Anthony ]Contempt proceedings are likely to be initiated against nine large banks by the government appointed board of Infrastructure Leasing & Financial Services (IL&FS) for alleged...












