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Legal Era

From Legal Era
Air India Employees’ Unions May Approach The National Company Law Tribunal Or Strike In Bid To Stall Privatization
[ By Bobby Anthony ]Air India employees are in the process to deciding to either take the National Company Law Tribunal (NCLT) route to recover their dues or declare a general strike to exert pressure...
Securities & Exchange Board Of India Slaps Fines On ICRA, CARE For Failure To Flag Poor Financial Health Of IL&FS
[ By Bobby Anthony ]The Securities & Exchange Board of India (SEBI) has slapped rating agencies ICRA and CARE with a fine of Rs 25 lakh each for “vivid and obvious” failure to flag the poor financial...
CBI Books Former Yamuna Expressway CEO P C Gupta And 20 Others For Alleged Irregularities Worth Rs 126 Crore
By Bobby Anthony The Central Bureau of Investigation (CBI) has announced that it has taken over the probe into the Yamuna Expressway scam for alleged irregularities worth Rs 126 crore and named its...
Securities & Exchange Board Of India Unveils Mechanism To Reward Whistleblowers, Informers In Insider Trading Cases
By Bobby Anthony The Securities & Exchange Board of India (SEBI) has announced a fresh mechanism to reward whistleblowers as well as other informants to share information about cases of insider...
NAA Rules That Johnson & Johnson Profiteered By Rs 230.4 Crore Due To Not Passing On GST Rate Cut To Its Consumers
By Bobby Anthony The National Anti-profiteering Authority (NAA) has ruled that Johnson & Johnson (J&J) has profiteered by Rs 230.4 crore due to reduced goods and services tax (GST) rate, by failing...
Malvinder Singh Arrested For Allegedly Misappropriating Religare Finvest Ltd’s Fixed Deposits From Laxmi Vilas Bank
By Bobby Anthony Former promoter of Fortis Healthcare, Malvinder Singh, has been arrested in a case related to alleged misappropriation of funds at Religare Finvest Ltd (RFL), according to the Delhi...
Disney and Michael Jackson estate settle copyright infringement lawsuit
[ By Kavita Krishnan ]ABC Group had broadcast a documentary which contained the late singer Michael Jackson’s songs, music videos and live footage without receiving approval from Jackson’s estate to...
Bhushan Steel ex-CMD’s bail plea in money laundering case rejected by Special court
[ By Kavita Krishnan ]Ex-Bhushan Steel Chief Managing Director Sanjay Singhal who is currently in judicial custody was rejected bail by a special court in relation to the multi-crore money laundering...
CBI Raids Maruti Suzuki’s Former MD Jagdish Khattar For Cheating Punjab National Bank To The Tune Of Rs 110 Crore
By Bobby Anthony The Central Bureau of Investigation (CBI) has raided Maruti Suzuki India Limited’s (MSIL) former managing director Jagdish Khattar for alleged criminal conspiracy, criminal...
Insolvency Resolution Professional Of Jet Airways Calls For Fresh Bids At Sixth Meeting Of Its Committee Of Creditors
By Bobby Anthony The insolvency resolution professional (IRP) of Jet Airways Ltd has called for fresh bids to revive the defunct and grounded airline.The resolution was passed at the sixth meeting of...
Credentials of 267 million Facebook users exposed
[ By Kavita Krishnan ]In the latest case revolving around data breach this year, personal data of 267 million Facebook users was exposed online on a database. Earlier this year, data of 49 million...
IMF Urges India To Pass The Financial Resolution & Deposit Insurance Bill To Strengthen The Country’s Financial Sector
By Bobby Anthony The International Monetary Fund (IMF) has urged India to pass the Financial Resolution and Deposit Insurance (FRDI) Bill to strengthen the financial sector of the country.“While the...











