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Legal Era

From Legal Era
SC issues notice on plea to transfer funds from PM CARES to NDR Fund
The Supreme Court on Wednesday issued notice to the Centre on a PIL seeking to transfer funds from PM CARES Fund to National Disaster Response Fund (NDRF).A bench comprising Justices Ashok Bhushan,...
SEBI allows promoters to increase stake by up to 10%
Stock market regulator, Securities and Exchange Board of India (SEBI) has amended the takeover norms to allow promoters to increase their stake by up to 10% through a preferential allotment. The move...
Facebook-Jio Deal under CCI scanner
India’s antitrust watchdog – Competition Commission of India (CCI) is reviewing Facebook’s acquisition of 9.99% stake in Jio Platforms. The CCI looks to prevent misuse of data in all the deals it...
SC rejects green panel appeal on REC price revision by CERC
The Supreme Court has declined to entertain Green Energy Association (GEA) appeal on stopping Renewable Energy Certificates (REC) price revision by Central Electricity Regulatory Commission (CERC)....
No eviction on grounds of non-payment of rent if tenant poor: HC
The Delhi High Court dismissed a petition that sought directions to waive rent payable by tenants during the Covid-19 lockdown period and observed that “there can be no eviction, on ground of...
SC directs Centre and States to make payment of salaries to medical staff and healthcare workers
The Supreme Court on June 17 directed the Centre and State Governments that they should ensure payment of salaries without default to doctors and healthcare workers. Accordingly, the Centre has...
SC: “No merit in charging interest” for deferred loan payment instalments
The Supreme Court on June 17 noted that there is “no merit in charging interest” for deferred loan payment instalments during the moratorium period announced as a relief to customers amid the global...
Misappropriation of funds: Delhi HC notice to Centre and Delhi Govt on plea for CBI probe
The Delhi High Court has issued notices for reply to the Centre and the Delhi government on a petition for a CBI investigation into the “misappropriation” of the Rs. 3,200 crore funds meant for...
Delhi HC seeks response from Centre on plea challenging NCLAT Chairperson’s appointment
The Delhi High Court has sought response from the Centre over a petition challenging the appointment of Justice (retd) Bansi Lal Bhat as the Officiating Chairperson of the National Company Law...
Only a ‘stone-hearted person’ would challenge deduction of one-day salary for COVID-19: Delhi HC
The Delhi High Court while dismissing a petition filed by a Delhi University professor challenging deduction of salary by the varsity for contributing to the PM-CARES fund to combat the COVID-19...
Rajasthan HC warns Judicial staff and Court Officials against use of social media during official hours
The Rajasthan High Court observed that the Court staff indulged in the use of social media during official hours that affected the dignity and reputation of the entire system. According to the Court,...
SC declines stay on Bombay HC order in Deloitte & KPMG case
In a big relief for audit firms BSR and Associates, and Deloitte Haskins and Sells, both former auditors of IL&FS Financial Services, the Supreme Court refused to stay the Bombay High Court order...







