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On Humanizing Law : CJI DY Chandrachud's Address At Oxford University
Chief Justice of India DY Chandrachud recently spoke on the theme of 'Role of Law In The Lives Of Those It Affects' at Oxford University. In his address, he spotlighted the issue of law which dehumanises the essence of democratic living and how an 'effects-oriented' approach by the judiciary helps 'Re-humanize' the law.In the heart of his address, the CJI emphasized the need to approach the law by understanding the far-reaching effects it may have on the lives of the citizenry and the...
SEBI Fines Rs 3.75 Crore On Former Kwality Ltd. Executives For Financial Misrepresentation
The Securities and Exchange Board of India (SEBI) has imposed a fine against former senior management of Kwality Ltd for their involvement in misstating financial figures between FY 2017 and FY 2019. SEBI has imposed fines totalling Rs 3.75 crore on Sanjay Dhingra, the former Chairman and Managing Director; Sidhant Gupta, former Executive Director and non-executive Director; and Satish Kumar Gupta, former Chief Financial Officer (CFO). Sanjay Dhingra and Sidhant Gupta have been fined Rs...
RBI Imposes Penalty For Rs 29.60 lakh On HSBC Bank For Non-Compliance With Card Operations Regulations
The Reserve Bank of India (RBI) recently announced the imposition of a monetary penalty amounting to Rs 29.60 lakh on HSBC Bank stating non-compliance with regulatory directives concerning credit card, debit card, and rupee denominated co-branded prepaid card operations. According to the RBI's statement released on June 28, HSBC Bank failed to adhere to specific directions outlined in the "Reserve Bank of India (Credit Card and Debit Card – Issuance and Conduct) Directions, 2022". ...
New Criminal Laws : Compilation Of Articles On BNS, BNSS & BSA
The new criminal laws, the Bharatiya Nyaya Sanhita (BNS), the Bharatiya Nagarik Suraksha Sanhita (BNSS) and the Bharatiya Sakshya Adhiniyam(BSA) are taking effect from tomorrow, July 1, 2024. These laws repeal and replace the Indian Penal Code, the Code of Criminal Procedure and the Indian Evidence Act respectively.Here is a compilation of the articles published in LiveLaw explaining, analysing and critiquing these las.Highlights Of Bills Replacing IPC, CrPC & Evidence Act Major Changes...
SEBI Bars Proprietor Of GN Traders for Illegal Investment Advisory Services
The Securities and Exchange Board of India (SEBI) has imposed issued an order against Kashif Siddique, the proprietor of GN Traders, for his involvement in illegal investment advisory services. SEBI has barred Siddique from operating in the securities market for two years and imposed a fine of Rs 11 lakh. Additionally, he has been directed to refund Rs 1.40 crore, which he collected as fees from his clients. SEBI's order stated that he received amounts as investment advisory fees...
BREAKING | WB Governor CV Ananda Bose Approaches Calcutta High Court Alleging Defamation By CM Mamata Banerjee
West Bengal Governor CV Ananda Bose has approached the Calcutta High Court with a suit of defamation against WB Chief Minister Mamata Banerjee.The plea comes in the aftermath of the Chief Minister allegedly making comments against the Governor stating that she had been informed by women that they did not feel safe visiting the Raj Bhavan due to recent allegations of sexual harassment against the governor by a former Raj Bhavan employee."Women have informed me that they do not feel safe in going...
Rajya Sabha MP P Wilson Writes To Union Law Minister Arjun Ram Meghwal To Stop Implementation Of New Criminal Laws
Senior Advocate and Rajya Sabha MP P Wilson has written to Union Law and Justice Minister Arjun Ram Meghwal to stop the implementation of Bharatiya Nagarik Suraksha Sanhita, Bharatiya Nyaya Sanhita, and Bharatiya Sakshya Adhiniyam until extensive consultation is undertaken with all stakeholders and to reconsider the necessity of enacting the new criminal laws. Wilson said that all stakeholders including State Governments, Judges, Police Authorities, the Bar Council of India, State Bar...
SEBI Imposes Two-Year Market Ban On 4W Wealth Management And Directors, Orders Refund Of Rs12.83 Crore For Illegal Investment Advisory Services
The Securities and Exchange Board of India (SEBI) has ordered a two-year market ban against 4W Wealth Management Pvt Ltd, along with the firm's directors, Bhavesh P Bhensdadia, Rinkalkumar Mohanbhai Chopda, Vivek Laxmanbhai Patel, Nileshbhai Chandubhai Patel, and Parth Kanubhai Patel. The order also involved a mandate to refund Rs12.83 crore collected as fees from investors, due to illegal investment advisory operations and misleading investor activities. In September 2023, SEBI issued ...
NEET-UG Malpractices Case | Gujarat Court Remands 4 Accused To 4-Day CBI Custody
Today, a special CBI court in Gujarat's Godhra District remanded four accused to four days of Central Bureau of Investigation (CBI) custody in connection with malpractices at NEET-UG held at Jalaram School in Godhra's Parvadi village. The people sent to CBI's custody by Principal District Judge of Panchmahal, C K Chauhan are Jay Jalaram School's principal, Purushottam Sharma, teacher Tushar Bhatt, and middlemen Vibhor Anand and Arif Vohra. According to the allegations against them,...
Role Of Judges Is To Serve People, Not Be Revered As 'Deities' In The 'Temple Of Justice': CJI DY Chandrachud
Chief Justice of India (CJI) DY Chandrachud, during the inaugural session of the two-day East Zone II Regional Conference of the National Judicial Academy in Kolkata, emphasized the dangers of equating judges with gods. He stressed that the role of judges is to serve public interest, not to be revered as deities.CJI Chandrachud expressed his discomfort with the notion of the court as a "temple of justice," which implies that judges occupy a deity-like position. He remarked, “Too very often, we...
Liquor Policy: Delhi Court Remands Chief Minister Arvind Kejriwal To Judicial Custody In CBI Case
A Delhi Court on Saturday remanded Chief Minister Arvind Kejriwal to judicial custody till July 12 in the FIR registered by the Central Bureau of Investigation (CBI) in relation to the corruption case connected to the alleged liquor policy scam.Vacation Judge Sunena Sharma of Rouse Avenue Courts passed the order after Kejriwal was produced in court on the expiry of his three days of CBI custody. The Central probe agency moved an application seeking judicial custody remand for...
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