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Legal Era

From Legal Era
SEBI Likely To Use Section 11 (B) Against Rating Agencies
[ By Bobby Anthony ]The Securities & Exchange Board of India (SEBI) is likely to issue a fresh show-cause notice to credit rating agencies under Section 11 (B) of the SEBI Act for their role in the...
Plea In SC Seeking Transfer Of Indiabulls Case To Delhi
[ By Bobby Anthony ]Advocate Prashant Bhushan has moved the Supreme Court seeking transfer of a criminal defamation case filed against him by Indiabulls Venture Capital Management Company Ltd in...
NCLT Allows Indiabulls To Recover Dues From DHFL
[ By Bobby Anthony ]The National Company Law Tribunal (NCLT) has allowed Indiabulls to recover its dues originating from loans assigned to it by Dewan Housing Finance (DHFL), stating that these...
HC Issues Notice After Plea Seeks Total Ban On Tobacco Ads
[ By Bobby Anthony ]A division bench of the Delhi High Court comprising Chief Justice D N Patel and Justice C Hari Shankar has issued notice in response to a petition seeking a complete ban on all...
IL&FS: SEBI May Levy Higher Penalties On Rating Agencies
[ By Bobby Anthony ]The Securities & Appellate Tribunal of India (SEBI) has sent fresh notices to rating companies ICRA Ltd, India Ratings and Research Pvt Ltd and Credit Analysis and Research Ltd...
New SEBI Deadline: Mahindra's Term As Chairman Extended
[ By Bobby Anthony ]Mahindra & Mahindra (M&M) has stated that Anand Mahindra will continue to be at the helm of the company till November 11, 2021 instead of April 1, 2020 as the company had announced...
PMC Bank Scam: SC Stays HC Order On HDIL Assets Sale
[ By Bobby Anthony ]The Supreme Court has stayed the Bombay High Court’s order on the sale of the bankrupt Housing Development and Infrastructure Ltd (HDIL) as a measure to enable repayment of dues to...
I-T Department To Follow NCLAT’s Reliance Jio Verdict
[ By Bobby Anthony ]The Income Tax Department is no longer in favor of appealing against an order of the National Company Appellate Tribunal (NCLAT) which had approved the proposed demerger of...
UK Court To Set Terms In Banks’ Claims Against Anil Ambani
[ By Bobby Anthony ]The High Court of England and Wales is expected to set the terms for the “conditional order” of a payment to court it had granted to three Chinese banks in 2019 against Reliance...
Infosys, Tech Mahindra Presence Sought During HC Hearing
[ By Bobby Anthony ]The Delhi High Court has issued notices to Infosys Ltd and Tech Mahindra Ltd, which happen to be information technology (IT) support contractors of the Goods & Services Tax Network...
RBI, NPCI Clear Roll Out Of Whatsapp Pay Service In India
[ By Bobby Anthony ]The Reserve Bank of India (RBI) as well as the National Payments Corporation of India (NPCI) have granted a license to WhatsApp, to roll out its WhatsApp Pay digital payment...
RBI announces relief measures for realty; developers hail move
[ by Kavita Krishnan ]The Reserve Bank of India’s (RBI) monetary policy meet on Thursday offered major policy measures to support the slowing real estate sector, drawing applause from sector...












