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Legal Era

From Legal Era
In motor accident cases involving 100% disability, Courts should take a liberal view while awarding compensation: SC
[ by Kavita Krishnan ]A Supreme Court bench of Justices L Nageswara Rao and Deepak Gupta held that the courts or tribunals assessing the compensation in a case of 100% disability, especially where...
SEBI Okays Share Issuance On Conversion Of Stock Options
[ By Bobby Anthony ]The Securities & Exchange Board of India (SEBI) has stated that issuing shares after conversion of restricted stock options (RSUs) will be allowed under the buyback regulation in...
Co-Operative Banks To Be Regulated By The RBI
[ By Bobby Anthony ]The union cabinet has taken a decision to bring banking operations of as many as 1,540 co-operative banks under the regulation of the Reserve Bank of India (RBI), Union Minister...
CCD Appoints Deloitte To Conduct Forensic Audit
[ By Bobby Anthony ]The Coffee Day Enterprises Ltd’s (CDEL) board has appointed auditing firm Deloitte to conduct a financial and commercial audit of its books, vendors and deals.The process had been...
GUARANTCO and CALCOM resolve disputes and settle claims amicably
GUARANTCO Ltd, part of the Private Infrastructure Development Group (PIDG) and Calcom Cement India Limited (Calcom), a subsidiary of Dalmia Cement (Bharat) Limited have amicably settled and resolved...
S&R Associates act for Everstone – Brookfield Partnership to invest in IndoStar
S&R Associates represented Everstone Group (Everstone) – a leading private equity and real estate investor – on a proposed investment of Rs. 1,450 crore by Brookfield Business Partners, together...
Ministry Of Corporate Affairs To Scrutinize ZEE’s Books
[ By Bobby Anthony ]The Ministry of Corporate Affairs (MCA) is all set to scrutinize the books of Zee Entertainment Enterprises (ZEE) under Section 206 of the Companies Act, 2013 to investigate...
Nirbhaya convicts should be hanged together: Delhi HC
[ by Kavita Krishnan ]The Delhi High Court on February 5, 2020 said that the four convicts in Nirbhaya rape and murder case should be hanged together and gave a weeks’ time to them to avail their...
Direct Tax Dispute Resolution Rules By Mid-February
[ By Bobby Anthony ]Revenue Secretary Ajay Bhushan Pandey has stated that rules to resolve direct tax disputes under the No Dispute But Trust Scheme or ‘Vivad Se Vishwas’ Scheme will be notified by...
NCLAT Reserves Order On JSW Steel's Acquisition Of BPSL
[ By Bobby Anthony ]The National Company Law Appellate Tribunal (NCLAT) has reserved its judgment on JSW Steel's acquisition of the insolvent Bhushan Power and Steel Ltd (BPSL).A bench headed by NCLAT...
Clause Which Restricts Air India FDI To 49% To Be Deleted
[ By Bobby Anthony ]The Union Civil Aviation Ministry has asked the Department for Promotion of Industry and Internal Trade (DPIIT) to delete the specific clause which currently restricts foreign...
SAT Quashes Penalty Order Citing SEBI’s Delayed Notices
[ By Bobby Anthony ]The Securities & Appellate Tribunal (SAT) has quashed an order passed by the Securities & Exchange Board of India (SEBI) penalizing traders who had allegedly created artificial...











